Business
Royal Fathers Advocate Special Salary For N’Delta Civil Servants
Traditional Rulers from Rivers State have advocated for a special salary package for civil servants in the Niger Delta region.
The chairman of the Rivers State Council of Traditional Rulers, HRM Eze-Ogba of Ogbaland, Eze Chukumela Nnam Obi made the call yesterday in a welcome address at the 78th Quarterly General meeting of the Council in Port Harcourt.
The traditional rulers said the special salary and wages for civil servants in the Niger Delta area should be funded by oil companies, federal and state governments collectively, while calling for the restoration of 50 per cent derivation fund to the Niger Delta states to allow the people have a fair share of benefits accruing from their oil resources.
Eze Nnam Obi emphasized that the call become imperative considering the impact of oil activities and the post amnesty programme in the area while also advocating the enactment of a social security act to provide unemployment compensation which should be funded by both the state and federal governments.
The royal father said like the post civil war era when reconciliation, rehabilitation and reconstruction was adopted in Nigeria, the country now needs three Ds, democracy, development and dedication.
He used the opportunity to thank the Rivers state government for the developmental efforts recorded in the state and for tackling the challenges of security head-on on assumption of office while pledging the support of traditional rulers to the present administration.
Eze Oba of Ogbaland who solicited for the recognition of vacant stools by the state government, said that in a bid to strengthen the traditional institution in the state, the council has prepared a bill for the classification of traditional rulers and chiefs, recognition of stools as well as other related chieftaincy matters to be forwarded to government for consideration.
Speaking while declaring open the 78th Quarterly General meeting of the Rivers State Council of Traditional Rulers, Governor Chibuike Rotimi Amaechi thanked the royal fathers for their support and advice which led to the success of the present administration.
The governor told the Royal Fathers that all the on-going projects in the state would be completed this year while few new ones would be embarked on.
He said the present administration has achieved a lot in Education, Health, Works and infrastructure development.
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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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