Business
RVHA Urges Resuscitation Of Water Facilities
The Rivers State House of Assembly Committee on Water Resources, has called for the resuscitation of facilities at the State Water Board to ensure effective supply and distribution of water to Port Harcourt and its environs.
Chairman of the committee, Hon. Martins Amaewhule, stated this yesterday during a facility visit to the board in Port Harcourt, as part of the committee’s oversight functions.
Hon Amaehule decried the low awareness of the activities of the board by the public and decay in existing infrastructure, and implored the ministry to ensure that existing facilities were maintained while working on new designs to cope with the urban renewal policy of the government.
He reiterated the need for proper public awareness campaign to build public interest in the activities of the board.
Hon Amaewhule representing Obio/Akpor Constituency I, observed that most of the water distribution channels in Port Harcourt were not functional, a development which he said had resulted in acute water scarcity in the city.
In her reaction, the Commissioner for Water Resources and Rural Development, Patricia Simon Hart, thanked the committee for the visit, and assured on the preparedness of the ministry to ensure effective water supply in Port Harcourt and its environs.
The commissioner said that the board was producing water but that its distribution network was hampered by the on-going road expansion projects in the city.
She explained that water distribution was capital intensive, and solicited private sector participation to facilitate the process of supply and effective distribution in line with the new implementation of the ministry.
Also speaking, the acting General Manager of the board, Mr Martins Omeo said the board was poised to ensure that the production, treatment and distribution of water in the state were carried out in line with required standards.
The committee also visited the water pump station in Rumukrushi in Obio/Akpor Local Government Area and three pump stations at Deken, Yeghe and Ferabor in Gokana Local Government Area.
Taneh Beemene
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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