Business
FG, Parties Tinker On Credible Polls
The Federal Government says it plans to collaborate with all the political parties to achieve credible elections in the country come 2011.
Acting President, Dr Goodluck Jonathan, disclosed this during a Stakeholders’ Conference organised by the Independent National Electoral Commission (INEC) in collaboration with the United Nations Development Programme (UNDP) at Abuja on Tuesday, March 16.Represented by the immediate past Attorney General and Minister for Justice, Adetokunbo Kayode SAN, at the conference, attended by the Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi, represented by his Deputy, Engr. Tele Ikuru, Dr. Jonathan reiterated the need to avoid ethnic and religious sentiments in determining the nation’s political leadership during elections.
Regretting that elections in the country have become breeding grounds for godfatherism and other vices, the Acting President urged Nigerians to have a change of attitude and support the electoral reforms agenda, stressing that the present government believes on electoral justice.
Speaking, INEC Chairman, Professor Maurice Iwu, said Nigeria’s democracy would become stable over time, insisting that the nation’s electoral progress was on course, advising politicians to imbibe the correct political orientation for democratic elections.
Professor Iwu charged Nigerians to develop the necessary political will to fully integrate themselves in the electoral processes, disclosing that the voters’ register would be displayed twice for voters to cross-check their names before the elections, adding that the use of customised ballot boxes and voting materials as was the case in the recent governorship elections in Anambra State would be sustained.
Also speaking, Senate President, David Mark, represented by the Senate Committee Chairman on INEC, Senator Isiaka Adeleke, called on all stakeholders to review the problems associated with the electoral process and proffer solutions to them and advised INEC to embark on electoral education while dealing with all parties transparently.
In his speech, the Chief Electoral Commissioner of India and UNDP representative, Mr. Navin Chawla, charged Nigerians to maintain electoral integrity and ensure they are properly registered, urging INEC to embark on capacity building, assuring of UNDP support in ensuring credible elections in the country.
Governors Ikedi Ohakim of Imo State and Adams Oshiomhole of Edo State in their separate speeches said electoral reforms should rather start with reforming the mindset of Nigerians and warned “political proprietors” to give way for credible elections, noting that the appointment of the INEC Chairman need not be by the President but by Judicial Service Commission.
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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