Business
Obolo Youths Receive Post Covid-19 Training On Oil
Youths, of the Obolo speaking extraction of Rivers and Akwa Ibom States, under the auspices of Obolo Youth Coalition has unveiled its post Covid-19 Youth Development Training Programme, intended to improve the lives of Obolo youths.
The programme which was in partnership with Young Engineers Entrepreneurial Club (YEEC), Africa is expected to train over 1,000 youths in oil and gas certification programmes and other skills, including Artificial Intelligence at no cost to the participants.
The President-General, Obolo Youths Coalition, Mr Nkpon amon Ijongama, while speaking during the signing of Memorandum of Understanding (MoU) for the commencement of the programme called on Obolo youths to take advantage of the opportunity to acquire professional and entrepreneurial skills to better their lot.
According to him, ’’this initiative will bring a whole economic development in our continent Africa and Obolo in particular. Do not forget that any nation that intentionally focuses on the development of her youths through professional skills and creativity always has a chance of development and has less issues of violence.
“This is why the post Covid-19 Development Training Programme became necessary and very important to Obolo youths as this will guarantee every participant a chance of employment into oil and gas industry, become self employed and to further reduce the high rate of unemployment and criminality in the Obolo ethnic nationality’’.
President and Founder of YEEC, Africa, Mr Kingston Sylvanus, on his part stated his organisation’s preparedness to partner with other youth groups to offer quality training and certification in oil and gas industry.
He said, ’’we want to provide that level playing field, to provide training for youths at no costs as our support to ensure that we grow the GDP of Africa. I really want to appreciate Obolo youths and I use this opportunity to call other youths of the nation to come. We’re going to give them the support, any support they need. You know that some of these trainings cost from N200,000 to N500,000. I can tell you for sure, coming to us, we will provide that training for free, and the certification can be accepted anywhere in the world.”
Also speaking, the Chairman, Oil and Gas Trainers Association of Nigeria, Dr Alex Umahi commended the Obolo Youths Coalition and its partner for the programme, which he noted would add value to Obolo youths.
“This is a laudable programme that should be encouraged, because a lot of youths are unemployable but with this kind of programme, they would acquire skills that will make them gain employment, especially in the oil and gas sector,’’ he said.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
