Business
Truck Owners Seek Exoneration Over Contraband
The Association of Maritime Truck Owners (AMATO) has cried out to the Nigeria Customs Service (NCS) Comptroller General for exoneration in the nefarious activities of dubious importers who hire trucks for the haulage of contraband goods at the ignorance of the truck owners.
The appeal was made by a member of the Port Harcourt Port Chapter of the association, Chief Thompson Tompreye, on Monday, during an interview with The Tide in Port Harcourt.
According to him, “some importers often hire trucks on the pretence of using them to convey goods, but sometimes during the process of negotiation with the drivers, the importers divert the trucks into carriage of prohibited goods and offensive items, thereby implicating the truck owners who give out their trucks innocently”.
This action, he said, has led to Customs impounding and seizing the trucks alongside the prohibited goods, thereby causing the owners great loss of business and untold hardship.
He recalled that in one of the recent seizures made in some of the nation’s seaports, based on the several appeals made by the association, the instruction to release some trucks belonging to the Association of Maritime Truck Owners came from the Comptroller General of Customs, who, after investigation, decided that the owners of the trucks were innocent because dubious importers who hired their trucks did not reveal the reasons for hiring them.
Chief Tompreye, who is a transporter in Port Harcourt port lamented that most times, when such impoundments were made, the importers abandoned the goods and the trucks at the Customs or security agents premises, living the drivers and the truck owners to their fate. “And as long as that contraband goods remains on that truck, the release of that vehicle is not guaranteed, no matter your efforts”, he added.
“That is why we are appealing to Customs and other relevant government agencies to review the policies on this issue and exonerate trucks and the owners in these dubious activities of the importers whose primary focus is to make quick money through short cut” he noted.
He applauded the efforts of the government by mounting scanners in the nations seaports to check the influx of contraband items into the country, saying that, AMATO will continue to support and cooporate with the policies and aspirations of the federal government towards sanitising the ports operations in the country.
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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