City Crime
eNaira, BVN, TSA, NIN Should Give Investors Comfort, Buhari Insists
President Muhammadu Buhari, yesterday, in Riyadh, Saudi Arabia, said initiatives to drive the digital economy and fight corruption in the country should give investors “a lot of comforts”.
Among the initiatives mentioned by the president are e-Naira, Treasury Single Account (TSA), Bank Verification Number (BVN), and National Identification Number (NIN).
Speaking at the fifth Edition of Future Investment Initiative Summit holding in Riyadh, Saudi Arabia, Buhari said his regime would keep encouraging public and private initiatives that increase investments in health, education, capacity building, youth empowerment, gender equality, poverty eradication, climate change, and food security.
A statement from the Presidency quoted the Nigerian leader as urging more interest in infrastructure such as healthcare and education, which “present enormous opportunities for investors in a country our size.
“Digital economy in Nigeria has many potential for investment, as it has remained the fastest growing sector in both 2020 and 2021. Nigeria has many opportunities for investment in broadband, ICT hardware, emerging technology and software engineering.
“We have recently approved the national policy on Fifth Generation (5G) network. Our aim is to attract investors in healthcare, smart cities, smart agriculture among others. The benefit of real time communication will support all other sectors of the economy,” he noted.
To further improve and reposition the economy to attract investors, the president said, “e-Naira, the electronic version of our national currency, which puts us on track to become the first African country to introduce a Central Bank Digital Currency” was launched on October 25, 2021.
“We believe this and many other reforms will help us increase the number of people participating in the banking sector, make for a more efficient financial sector and help us tackle illicit flow of funds.
“To further strengthen our anti-corruption drive, increase accountability and transparency, we have centralized government funds through a Treasury Single Account, and ensuring that all Nigerians with a bank account use a unique Bank Verification Number (BVN).
“These initiatives, coupled with our nationwide National Identification Number (NIN) exercise, reinforce our efforts to tackle corruption and fraud. We believe that this should give investors a lot of comforts.”
Buhari attributed growing social unrest to inequalities and unfair policies that exclude the majority from opportunities for participation, admonishing world leaders and global investors to prioritise inclusive and humane policies.
He said, “By so doing, it will go a long way in reenergizing the global economy in a post-COVID-19 era.
“Nigeria is Africa’s largest economy and most populous nation. Our economic reforms which focus on ‘humane’ investments are ideal for investors looking to have profitable returns while positively impacting the citizenry.”
City Crime
Women And Dangers Of Obnoxious Practices
City Crime
Association Raises Alarm Over Increasing Migration Of Young Pharmacists Abroad
City Crime
Foundation To Host National Conference on Value Reorientation In Port Harcourt

The Otonti Nduka Foundation for Values Education, a non-governmental organization based in Port Harcourt, Rivers State, has said that foundation is set to host a one-day national conference on reviving Nigeria’s value system.
The conference which has the theme”Trends and Challenges in Upholding Values in Nigeria,” will take place on November 13, 2025, at the Obi Wali International Conference Centre in Port Harcourt.
Speaking with newsmen at the foundation’s corporate office in port Harcourt, Tuesday,the chairman of the Board of Trustees, Emeritus prof Otonti Nduka disclosed that the conference is being held in collaboration with Rivers State University (RSU) and aims to bring together professionals from across the country to discuss the nation’s values landscape and collectively reset the compass of the society’s ethical and values system.
The emeritus professor hinted that the conference will be chaired by HRM King Diete Spiff, the Amanyanbo of Twon Brass, Bayelsa State while the key note speakers include Dr. Ngozi Okonjo-Iweala, Dr. Akinwumi Adesina, and Bishop Matthew Kukah, all known for their integrity and service.
According to him, the nation’s value system has deteriorated, and concerted efforts are needed to reverse the trend and restore sanity to society , stressing that the conference is designed to chart a new course based on national values and ethical leadership.
Prof. Nduka called for support from governments, public, and private individuals to achieve the program’s objectives.
He noted that the foundation was established in 2006 to revitalize the moral fibre of Nigerian society through the enunciation, inculcation, propagation, and dissemination of positive values.
Earlier in his speech, the Chairman of the conference, prof Hillary Wordu urged the media to partner with the foundation to create the necessary sensitization and awareness for the success of the event.
He assured that the conference would address nagging national values issues, including insecurity, corruption, election malpractice, and injustice.
-
Politics2 days ago
2027: Bayelsa APC Adopts Tinubu As Sole Candidate … As Lokpobiri, Lyon Shun Meeting
-
Sports2 days ago
GOtv Boxing Night 34 holds Dec. in Lagos
-
Politics2 days ago
Alleged Smear Campaign Against Yakubu, CSOs Demand Apology From Uzodimma
-
Politics2 days ago
Why INEC Can’t Punish Politicians For Early Campaigns – Yakubu
-
Politics2 days ago
2027: Jega Condemns Premature Campaigns, Blames Elected Officials
-
Sports2 days ago
WCQ: NFF Denies Post Match Statement
-
Politics2 days ago
Stopping Natasha’s Resumption Threatens Nigeria’s Democracy – ADC
-
Sports2 days ago
Gov. Decries Delta’s Poor Performance At 2025 NYG