Business
Communities Demand Boreholes, Hospitals From Firm
The host communities of Kaduna Refining and Petrochemical Company (KRPC) last Wednesday urged the company to provide hospitals, roads and water in their areas.
The communities, which include Rido, Kapam, Juji, Chidunu and Mahuta, also requested the company to construct classrooms and install electricity transformers in their settlements.
They also requested provision of scholarship, employment of their youths and award of contract to indigenes of the localities.
Addressing a news conference at Kapam village, near Kaduna, the spokesperson of the communities, Tanko Ayuba, said the founders of the villages were evacuated from the area by the Federal Government without any compensation.
“Nothing has been done to the communities till date,’’ he said. “ It is now a right for the host communities to be benefiting from the company.”
Ayuba further said that the hazardous chemicals and gaseous substances emitted from the refinery had led to the death of many people in the area.
“Although the emission has affected their health, there is no compensation, no treatment or medical attention for the people.
He urged the company to provide the facilities so that the existing cordial relations would continue.
When contacted, the Manager, KRPC Corporate Affairs Department, Abdullahi Idris, said the company had yet to receive the communities’ request, adding: “I was however informed on the issue.”
He said company was ready to meet the host communities’ needs with its little resources.
The manager said the company had been organising meetings with representatives of the communities to address their needs.
“We prioritise their demands and representatives of the communities decide where projects are sited.”
He said the company had within the last two years provided 12 boreholes, built toilets in seven schools, renovated eight primary schools as well as constructed quarters for doctors and nurses at Rido village.
He said the KRPC was constructing police and vigilante outposts, and had placed an order for the installation of a 500KVA transformer in the village.
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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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