Business
Delta Communities To Certify Projects Before Payment a
Delta State Commissioner for Works, Chief Funkekeme Solomon, reaffirmed recently in Asaba that the ministry would not pay contractors on any project unless its completion was certified by the community where it was sited.
He stressed that traditional rulers and opinion leaders must certify that the contractors complied with the contract’s guidelines in executing the projects.
Solomon who spoke in an interview with the newsmen said that the policy was introduced to serve as check on contractors.
He said: “we have involved the communities because the projects are meant for them and by the policy they have become part of government’s project monitoring teams.
“So far, the synergy has been effective and we are sensitising communities in the state to take the issue seriously.”
He announced that the government had approved the construction of an internal road in Illah, Oshimili North Local Government Area, which led to a major market located at the bank of River Niger.
Solomon said that contract for the job would be awarded before the middle of April, adding that work on the project would be accelerated to ensure quick completion.
The commissioner explained that the approval for the construction of the Illah township road was in line with the state government’s urban-rural integration programme aimed at making the rural communities accessible.
“We are aware of the enormous resources, including farm produce in the villages which cannot be accessed due to absence of roads or poor condition of the roads.
“And for this situation, we have resolved to constructing roads in such communities so that food items and other goods can be taken to the markets.”
He said that government would continue to maintain and rehabilitate Federal Government roads in the state.
“Currently, we have spent more than N28million in rehabilitating and maintaining federal roads and that is between year 2000 and now.”
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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