Business
Ex-IGP Makes Case For Youth Recruitment Into Police
The former Inspector General of Police, Mike Okiro, has urged the Federal Government to recruit unemployed youths into the police force so as to boost the capacity and efficiency of the force.
He said the police can not do effective job when they are understaffed.
Okiro, who disclosed this while speaking to aviation correspondents last Friday shortly on arrival from Abuja, noted that government had not done enough in terms of providing enabling environment for the police to work efficiently.
“Can you imagine how millions of Nigerian youths roam the streets without a job. How would you explain that, and how would the police do effective job when they are understaffed?
“Government has not done much in providing the enabling environment for security, especially the police. The police is not well funded.
“The strength of the police now is so small, because government has not done much to equip the police for effective job. When these unemployed youths are massively recruited, it will boost the efficiency and effectiveness of the police force, and in another way, reduce unemployment”, he said.
The former police boss posited that the issue of security is not for government alone, but for everyone, adding that all that government can do is to provide the enabling environment.
He also called on citizens and government to assist the police to ensure that their job is done effectively by providing enabling environment and giving adequate information to the police.
Okiro, however, discouraged the free carriage and use of arms and ammunition in the society, pointing out the danger in such liberty, even in the developed countries.
He called on the general public not to harbour criminals who hide in their domains to do kidnapping and other acts of criminality but should report them promptly to the police for arrest and prosecution.
Business
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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.
