Business
Expert Decries Influx Of Expatriates In Aviation Industry
A former President of the
Aviation Round Table (ART), Capt. Dele Ore, has kicked against the influx of expatriates into Nigeria’s aviation industry.
Ore stated this while speaking to newsmen in Lagos, on Sunday.
He warned that the high level of expatriates taking over positions of local technical personnel in the nation’s aviation industry needed to be checked.
According to him, several Nigerian pilots trained in different aviation colleges in the country and beyond are roaming the streets without jobs.
Ore noted that local airlines were getting dispensation from the Ministry of Foreign Affairs for expatriate quota, which would negatively affect Nigerian professionals in future.
He said as far back as 1984, the former Nigerian Airways had put Nigerians in critical positions, but the reverse was now the case as foreigners had taken over the industry.
“The government should come up with a policy that says at least, we must have a Nigerian in the cockpit; even if not as a commander, a Nigerian should act as a co-pilot,” Ore said.
He therefore called for adequate training and retraining of indigenous technical personnel towards ensuring that they are able to compete favourably with their foreign counterparts in the industry.
The Tide recalls that the National Association of Aircraft Pilots and Engineers (NAAPE) recently grounded the operations of Bristow Helicopters in Lagos, alleging salary disparity between Nigerian pilots and engineers and their foreign counterparts.
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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