Business
Unionist Urges NLC, TUC To Sponsor Bill Against Casualisation
A union leader, Mr Ola Oyegoke, has proposed to the organised labour to unite and sponsor a bill that will forestall employment of casual workers in Nigeria.
Oyegoke, General Secretary, Shops and Distributive Trade Senior Staff Association (SHOPDIS) said this in an interview with newsmen in Lagos, on Monday.
“Casual labour is irregular employment or a part-time labour.
“It is a term of employment agreement that differs from company to company,’’ he said.
According to him, it is time for the Nigerian Labour Congress and the Trade Union Congress of Nigeria to re-strategise to tackle the problem of casual employment in the country.
He commended the organised labour for holding rallies in the past to protest against “casualisation’’, adding that if a bill was sponsored and passed it could help to curtail the problem.
He said that millions of casual workers were poorly paid and dehumanised which contributed to the increase to stealing in some companies.
“If an employer does not pay a worker well, the person could be forced to pilfer when the opportunity arises.
“Some companies have lost billions of naira as a result of internally organised robberies,’’ he said.
Oyegoke said that the distributive union was negatively affected as a result of casual employment policy which had denied many Nigerians the opportunity to live well.
He said that it was regrettable that foreign companies had long cashed in on the desperation of many jobless people to employ them as casuals and treat them recklessly.
The unionist said that the Nigerian labour market was awash with numerous troubles, adding that because work was instrumental to man’s livelihood, “people go out to work under the worst conditions’’.
“Some shops have closed, while some have sacked workers because they depend on foreign exchange to import goods,’’ the union leader said.
Oyegoke urged workers to be patient with the policies of the current administration for it to make the desired impact that would provide positive change to the economy.
However, some workers have attributed the increase in “casualisation’’ to outsourcing of jobs following abolition of some jobs and services in the public sector.
The workers said that when the government concession some private sector organisations, they were engage to perform the jobs often on temporary basis with uncertain wages and conditions and without job security.

L-R: Regional Officer, International Civil Aviation Organization, Mr Albert Taylor, Director, Operation and Training, Nigerian Civil Aviation Authority, Capt. Abdullahi Sidi, Managing Director, Nigeria Airspace Management Agency, Mr Ibrahim Abdulsalam, Regional Director, International Air Transport Association, Mrs Adefunke Adeyemi and Director, Airport Operations, Federal Airport Authority of Nigeria, Capt. Henry Omegue, at the Runway Safety Workshop in Lagos on Monday
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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.
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