Business
Salary Arrears: C’River NUT Boycotts Schools
Due to failure of the
government to pay primary school teachers in Cross River State their four months’ salary arrears, the Nigeria Union of Teachers (NUT) in the state, last week directed its members to stay at home pending when salaries would be paid.
This came few weeks after the state government had announced its plan to recruit additional 1000 teachers in Cross River.
In a circular tagged ‘Bulletin 1,’ pasted at the entrance of primary schools within Calabar, the union directed its members to stay at home pending when they receive at least, two months’ salary.
“In view of the non-payment of salaries to our members in the primary schools now for the fourth month running, the financial embarrassment of our members not being able to provide for the basic necessities of life and no means of transporting themselves to work
“The union, in her emergency standing committee meeting of 9th September, 2016, resolved that the state government should postpone the resumption of schools to a later date to enable salaries for at least, two months be paid to our primary school members.
“Our members are please solicited to show understanding with the state government and remain at home pending when our primary school members are paid, because injury to one is injury to all”, the circular read in part.
However, when contacted via their respective telephone lines, both the union chairman in the state, Comrade Eyo Nsa, and the state’s commissioner for education, Mr. Goddy Etta, could not be reached for comment on the matter.
Checks by The Tide last weekend in Calabar, indicate that most of the public primary schools in the state that were supposed to resume academic activities on Wednesday September 14, 2016, were still under lock and key.
Friday Nwagbara, Calabar
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.
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