Business
Workers Are Not Indolent – TUC
The Trade Union Congress (TUC) has dismissed insinuations that civil servants in Rivers State are indolent and so do not deserve a new minimum wage.
Chairman of TUC, Rivers State, Austin Jonah stated this in an interview with newsmen last Wednesday in Port Harcourt.
He stated that the productivity of a worker is dependent on the provisions of the employer.
According to him, “if you say workers are not productive, it is a function of the employer’s provisions .If my employer puts me to task, I will give my best’’.
Jonah stressed that it is the duty of the employer to provide a conducive work environment and adequate work tool for the worker to be maximally productive.
He said, “If the employer provides the necessary environment and equipment, the workers will be active’’.
The Rivers TUC boss commended workers in Rivers State for their support and conduct during the agitation for new minimum wage and expressed the hope that the passage of the N30,000 new minimum wage into law will not be too long.
Recall that the organised labour in the country had early in the week threatened to embark on a nationwide strike over the issue of the new minimum wage, but suspended the strike after the tripartite committee met and agreed on N30,000 minimum wage, which is now before President Muhammadu Buhari for assent.
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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