Business
… Explains Delay In Mother-Child Hospital Take-Off
Governor Chibuike Rotimi Amaechi of Rivers State, has attributed the delay in the take-off of the proposed Mother and Child Hospital to the advice of experts and the Public Procurement Bureau.
Governor Amaechi made this known last Friday during the submission of the report on the Mother and Child Hospital by a committee of the Rotary Club International District 9140, led by the District Governor, Sir Gabriel Toby, at Government House, Port Harcourt.
The governor told the Rotary Committee that beyond mere study of the project, his mandate to them was to include the engineering drawing in order to come up with a proper design as well as partner with government in the management of the hospital when completed.
Governor Amaechi who said government had prepared to go ahead with the building of the 150-bed hospital instead of the 250-bed joint venture proposed by a private firm, noted that the firm had not shown any seriousness in terms of financial commitment for about three years now.
The governor, however, commended the Rotary Committee for its commitment, and promised to meet again with members of the committee in February next year to forge ahead in the partnership that would actualise the dream of a Mother and Child hospital.
Earlier, the District Governor of Rotary International District 9140 and former Deputy Governor of Rivers State, Sir Gabriel Toby said the presentation of the report was in response to the assignment given to the committee by the governor on July 17, 2010, during his installation as the District Governor.
Sir Toby lauded the decision of the governor to carry Rotary along in the execution of the hospital project which he said would be of immense benefit to the people of Rivers State.
Presenting the report, Chief Ferdinand Anabraba who is also the chairman, Port Harcourt City Development Authority, said the architectural design of the 150-bed Mother and Child Hospital had been completed but hinted that no site had been identified for it.
He expressed the hope that the hospital when completed would be a centre of excellence, adding that Rotary was open to further involvement in the project.
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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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