Business
‘Poor Budgetary Allocations, Bane Of Civil Service’
Head of Civil Service,of Akwa Ibom State, Mr Ekerebong Akpan has described the civil service as the engine room of government.
Akpan made this assertion in a goodwill message as the special guest of honour at the first Regional Trainers Conference orgainsed by the Nigerian Institute of Training and Development (NITAD), South- South last held in Port Harcourt,State Wednesday.
The Akwa Ibom State top civil servant regretted that the civil service has not been given its pride of place as the engine room of government as its potentials are yet to be maximised.
Akpan observed that the bane of the civil service included “poor budgetary provisions for human capacity building, lack of essential skills, competence and expertise’’.
The Akwa Ibom Head of Service who was represented by Dr Kemi Abaye, identified public private partnership (PPP)as a verifiable gateway for sustainable development.
She urged participants at the conference to identify potential partners for projects and develop a blueprint that would harness the opportunities of PPP for the provision of sustainable training and development process for the benefit of the partners.
President and chairman of council, NITAD, Mrs Janet Osun, in a keynote address observed that for Nigeria to effectively harness the benefit of PPP, there must be proper training and development of everyone in the system, legal framework, political climate and cultivation of moral social values to attract investors.
According to her, first and foremost, we are to train all the partners, all those who will take part in the agreement.
We also need adequate funding and the fund must be well managed we must have the will power to see any project through’’.
On her part, the co-ordinator, South- South Region and Chairman, Rivers and Bayelsa States Chapter of NITAD, Mrs. Jane Osunde explained that the conference which is the first in the region is aimed at creating awareness and platform for the private sector.
Tonye Nria-Dappa
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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