Business
N-Power: 2017 Applicants Now 753,307 In Five Days
The total number of graduate applicants in the N-Power job recruitment scheme as at June 18, is 753,307 thus exceeding the total number of both graduate and non-graduate applicants in 2016 by 2,307.
The Senior Special Assistant to the President on Job Creation, Mr Afolabi Imoukhuede, disclosed this to newsmen in Asaba, Delta, recently describing the figure as landmark.
He said that the figure for 2017 was generated barely five days after the application was opened on June 14, while the applications for the previous year were got during the two and half months it was opened.
According to the Presidential adviser,, N-Teach, the teacher volunteer aspect of the scheme, got the highest applications so far with 470,456 while N-Agro the Agriculture extension section of the scheme followed with 127,315.
He said that N-Health generated 85,691 applications while the latest component, the N-Tax, generated 69,842 applications in five days.
Imoukhuede said that in 2016 the total graduate applicants were 350,000 being less than 50 per cent of the applications already received in less than one week of entries for 2017.
He said the reason for the large number of applications might be because “a lot of graduates now have faith in the scheme unlike last year when many were a bit skeptical and refused to apply.’’
He said that in spite of the number, the Federal Government would restrict itself to the recruitment of 300,000 graduates in the current scheme in order not to exceed the programme’s budget for the period.
Imoukhuede hinted that the selection process would maintain same transparency as in 2016 and expressed gratitude that the hiccups in 2016 registration was completely absent in 2017.
He added that everyone to be engaged this year must satisfy the recruitment requirements outlined in the advertisement such as age and academic qualification as well as completion of the NYSC scheme.
The SSA noted that the N-Power was a lifeline provided by Muhammadu Buhari administration to curb the high rate of unemployment in the country as promised during his presidential election campaign in 2015.
According to him, volunteerism is a global scheme performed free by those working in other countries but Buhari has promised N30,000 monthly stipend to each graduate volunteer in the country.
He advised the youth to take advantage of the scheme to improve their employability skills and also add value to the society especially in the rural areas.
He said the N-Power had received a lot of commendations from the public since its inception.
He showed our source a particular commendation by one Lucky Odiase who also begged the” leaders to let N-power be the hub for employment to all federal jobs’’ because “it is so transparent.’’
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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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