Business
SNEPCo Donates Science Labs To Kwara School
The Shell Nigeria Exploration and Production Company Limited (SNEPCO) has donated four ultra-modern science laboratories to Erku Secondary Commercial School in Ekiti Local Government area of Kwara State.
A statement by Media Relations Manager, Bamidele Odugbesan and made available to The Tide in Port Harcourt, yesterday, said, that this was the latest effort by the Shell deep offshore company to spread its social investments across Nigeria and boost the study of science subjects among secondary school students.
Speaking at a ceremony to hand over the laboratories to the school management, last week, Managing Director of SNEPCo, Bayo Ojulari, said, “The importance of science education cannot be overemphasised particularly in this age of rapid technological advancement. Government alone cannot do it which is why SNEPCo, its government and co-venture partners have continued to intervene in this critical area of youth development just as much as we do in the health sector.”
Represented by SNEPCo’s General Manager, Deepwater Exploration, Adedayo Adewuyi, Ojulari charged the students to take maximum learning advantage offered by the well-equipped laboratories to develop their potential in Science, Technology, Engineering and Mathematics (STEM).
Deputy Manager, Community Development, National Petroleum Investment Management Services (NAPIMS), Mrs Jolayemi Kolapo, said NAPIMS on behalf of NNPC was pleased to support SNEPCo’s focus on education across Nigeria as a proof-point of government’s commitment to people’s development in its partnership with oil and gas companies in the country.
Kolapo, represented the Group General Manager of NAPIMS, Roland Ewubare, said: “We believe that our investments should not just be in the bolts and nuts but also in the people. Assisting the government to provide quality education delivery is a crucial aspect of our investment and that is why NAPIMS is pleased to partner with SNEPCo on the delivery of this project. We, therefore, encourage the school to make judicious use of the laboratories for the intended purpose. It is only by so doing that the huge investment made in putting this project in place would be justified.”
The Kwara State Commissioner for Education and Human Capital Development, Bilikisu Oniyangi, described the laboratories as world-class standard and charged parents and teachers to ‘deliberately encourage youths to have inquisitive minds that can help in carrying out research for solving modern day challenges that pose a threat to humanity.’
Oniyangi, who was represented by Director, Human Capital Development in the ministry, Mrs Comfort Abioye, described SNEPCo’s intervention as timely, noting that ‘the project supports the policy thrust of the state governor on the improvement of quality teaching and learning of science subjects aimed at facilitating development in technology and human development’.
Susan Serekara-Nwikhana
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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