Business
Aviation Unions Kick Against Airports Concession
Aviation workers unions have threatened to resist the directive by the Minister of Aviation, Hadi Sirika, to demolish offices of the Federal Airports Authority of Nigeria (FAAN), and other agencies in the aviation sector, as part of moves to implement the concessioning of the four major airports in Nigeria.
The unions are also questioning the Minister’s decision to proceed with the concession of the four major international airports amid various labour issues that were yet to be resolved.
The unions, comprising Air Transport Senior Staff Association of Nigeria, National Union of Air Transport Employees (NUATE), and the Association of Nigeria Aviation Professionals (ANAP), after an emergency joint congress meeting, at the headquarters, vowed to resist the Minister’s directive for the offices of the agencies to be demolished to give room for an aerotropolis project.
Secretary General of NUATE, Ocheme Abah, in a press release on Friday, said for various reasons unknown to them, none of the Minister’s projects had been delivered to date.
They expressed worry that he was in a hurry to deliver the projects for an administration at its twilight.
According to him, the rush to deliver at all costs had caused suspicion and a plethora of missteps which, if not corrected, would spell doom for the aviation industry.
“We place on record our recognition of the large footprints of the Muhammadu Buhari administration on the aviation industry in Nigeria. The progress registered through the efforts of Sirika and the CEOs of the agencies in the past seven years are indelible.
“Though not visible to the larger public, huge modernisation programmes and projects have been achieved in the Nigeria Metrological Agency, Accident Investigation Bureau, Nigerian Air Space Management Agency, Nigerian College of Aviation Technology, Federal Airports Authority of Nigeria, and the Nigerian Civil Aviation Authority.
“These achievements have not only significantly improved flying experience in the Nigerian air space, but have had big impact on human capacity development and safety.
“However, our hearts are now greatly troubled to be witnesses to the ongoing bastardisation of the lofty objectives of the Aviation Road Map.
“Activities around the implementation of the roadmap tend to suggest that a ploy is afoot to deny Nigeria the benefits of its labour and natural endowments, or to divert such to private ends”, he stated.
Further on the concessioning of airports, the NUATE scribe said ever since the decision to concession the four major airports was taken, the unions had remained strongly opposed to the idea, noting that the unions had been firm and vehement in their opposition to the type of concession envisioned by the transaction adviser.
He noted that the unions unearthed several booby traps, outright falsehoods and deliberate manipulation of facts to skew the transaction against the interest of Nigeria, which we communicated to the Minister and other arms of government.
By: Corlins Walter
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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