Business
Contractors Kick Against Amnesty’s Executive
A group of contractors with the Presidential Amnesty Programme, has added their voice to the current rift between the coordinator of the Amnesty programme and a top executive member.
Three contractors who requested anonymity revealed most of the unethical activities of the said executive.
According to them, the executive has been allegedly collecting kickbacks from contractors since late last year. They also frowned at the open disloyalty of the director.
See the statement below: “It is important that as citizens of Nigeria, we lend our voice to oppose unethical activities especially in our primary constituency; The Niger Delta Presidential Amnesty Office. First of all, it is gross misconduct for a federal civil servant to circulate official documents; unauthorised.
“A couple of documents have been flying around, circulated by the director. The documents released have no connection to contracts, payments or any form of funds misappropriation. They are simply lists of companies, with amounts attached to them. It is shocking that a civil servant will defy the Civil Service Code of Conduct and go against all work ethics, just to pull down his boss.
“Many of our colleagues have complained about him, but are scared to speak out. He has numerous times, demanded kickbacks for payments and frustrates the payments of those who refuse to play ball. As at late last year, he was collecting 10 per cent of the total payment expected from gullible contractors before effecting payment. Now he demands 20 per cent claiming that he has to defend his payments.
“For many years, this is the first time the beneficiaries of the programme receive their stipends on time with no hassles. Files and approvals hardly get stuck in departments. The only place we have been having issues is the finance department. Once your file gets there, it’s a whole new ball game. Its either you deal or you wait for the next Inflow.
“The most shocking part of this whole thing is the audio recording released to the press. The audio clearly shows a civil servant who is not only disloyal to his boss but also desirous to take over the position of the amnesty coordinator. This is the height of insubordination, and the silence around this shows a broader conspiracy to remove Prof Charles Dokubo. The right authorities should wade into this matter and salvage this situation.”
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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