Business
RVHA Probes NAOC, SPDC Over Oil Spills
Fourteen communities in Ahoada West and Ula-Ikata community in Ahoada East Local Government Areas of Rivers State have appealed to the state House of Assembly to compel the Nigerian Agip Oil Company (NAOC), and Shell Petroleum Development Company (SPDC) to carry out proper remediation of oil spill sites in the areas.
In their separate petitions read on the floor of the Assembly by Hon Sam Eligwe, representing Ahoada West during last Wednesday’s sitting, the 14 communities alleged that NAOC caused environmental destruction of the areas through equipment failure and refusal to undertake proper clean up of the polluted sites.
The petition, signed by representative of the communities, include Oshie, Akinima, Ukpeliede, Akaraolu, Ozochi, Oyokama, Egbeu, Ogoda, Emezi, Enito, Idu Ekpeye, Okogbe and Ubeta, stated that the oil company resorted to allegation of sabotage to evade payment of compensation to land and property owners.
The people noted the unabated crude oil pollution of economic trees, lands, sources of water, ponds and fishes, among others, and requested the visit of the House Committee on Environment to the crude oil polluted sites with the oil company in attendance.
The affected communities demanded for a public hearing on the issues raised in the petition, where they would provide explanatory pictures, video recordings and documents to substantiate claims that Agip did not comply with laid-down regulations.
They demanded for compensation to the tune of N15billion in addition to a comprehensive regime of environmental clean-up by Agip, and solicited the cooperation of the House to ensure that the company complies with acceptable enviromental practices.
In Ula-Ikata’s petition presented to the Assembly by Hon Ibiso Nwuche, representing Ahoada West Constituency II, the people said SPDC engaged in activities that threatened to exterminate the community from existence.
The petition, signed by the paramount ruler, Chief C.C Ogboka and General Secretary of the chiefs council, Mr Menwe Ubaji alleged that SPDC had refused to carry out adequate remediation of its oil spill sites or pay compensation to cushion the effects of the pollution on the people since 1996.
According to them, the spill impacted hectares of our farm land, several economic trees, desecration of ancestral shrines, over 150 fish ponds and fishing materials, leading to losses in fishing and farming, the main occupation of the people”.
The petition further hinted that SPDC, noticing the extent of damage to the ecological system, paid N1.3million as part payment for only fishing nets, and gave assurance to completely pay for the compensation but never did so till today.
The petitioners, therefore, appealed to the state lawmakers to prevail on SPDC to conduct proper remediation on all the hectares of land impacted by the spill, and pay damages of N2.6billion for loss of livestocks, crops as well as heath risk for the number of years.
Speaker of the House, Rt Hon Otelemaba Amachree after adopting the petitions, directed the House Standing Committee on Environment to investigate the veracity of the claims by the various communities against the oil firms, and report back to the House.
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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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