Business
Lack Of Regulatory Framework Hampers Fire Service Performance
The poor performance of the fire service in various states a cross the country has been attributed to the absence of a sound regulatory framework.
A security and safety consultant, Adiele Chima who made the remark on Monday during an interview with The Tide in Port Harcourt, said, if the fire service is to play its key role in preventing and managing fire incidences across the nation, there must be a regulatory framework, such that all state governments have the same structure in the composition, equipment profile and training of personnel for the service.
He explained that with what a state like Lagos has put in place for the implementation of fire service in the state, other states of the federation could copy it as a model, stressing that the government of Lagos state has worked assiduously to rehabilitate the fire service as an emergency response agency, which he said is the right training for its personnel, state-of-the-art operational equipment and all that it takes to run a modern fire service.
Mr Chima opined that the establishment of the fire service should be tinkered with the concurrent list, to make it a joint responsibility to both the state and federal government. At present, eh said, there is a lacuna that has made it difficult to achieve a regulatory framework for the fire service.
He urged members of the public to be alert on issues relating to security and safety especially on handling household appliances and other accessories to avoid out break of fire incidence within the living environment.
Business
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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.
Business
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