Business
Expert Wants FG To Patronise Indigenous Engineers
The Branch Chairman, Nigerian Society of Engineers (NSE), Egbin Power Station chapter, Mr Obidiegwu Onuora, has urged the Federal Government to extend local content initiative to Nigerian engineers.
Onuora made the plea in an interview on Sunday in Lagos.
He said that local engineers had excelled in various power projects within and outside the country, and they deserved to be at the vanguard of any engineering project in Nigeria.
He said that local engineers should be encouraged by giving them jobs to execute in any project, including power, roads and other challenging ones.
“The idea is to encourage capacity building of the indigenous engineers and to also empower them financially to realise the dream of self-independence,“ he said.
Onuora said that the engagement of local engineers would enable them to be in position to compete internationally and urged his colleagues to put in more efforts.
He, however, urged government to find a way of investing in the country’s engineers in all sectors of the economy, to assist in tackling issues confronting engineering in the country.
“The Federal Government has done a very good investment and I also believe the Minister of Aviation is giving NAMA the necessary backup, “ he said.
The General Manager, Public Affairs, Nigerian Air Space Management Authority, Mr Supo Atobatele commended the ART for embarking on the tour and urged them to pass across to its members and the flying public the good things they discovered at the airport.
Reports say that ART is an NGO comprising experienced people that had worked for several years in various sections of the aviation industry in and outside the country.
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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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