Business
FRSC Charges Nigerians On Traffic Rules
The Federal Road Safety Commission (FRSC) has reiterated its call for total commitment of all Nigerians to reducing road accidents through strict adherence to traffic rules.
The Lagos State Sector Commander of FRSC, Mr Nseobong Akpabio, made the call at the maiden biannual public enlightenment of the RS2.110, Ikotun Unit Command, held at Samkoll Garden, Ikotun, Lagos, on Saturday.
Akpabio said the irreparability of human lives made it compulsory for all Nigerians to take the issue of road safety serious and be ambassadors of the crusade.
“Nobody can pay for a life, as no amount of compensation can bring back lives lost to road crashes.
“If you have time to visit hospitals and mortuaries you will see what disobedience to traffic rules has made many Nigeria become.
“Wastages on our roads call for total commitment of everyone whether in the southern, western, eastern or northern part of Nigeria. Road safety is a joint responsibility of all,” he said.
Akpabio urged road users to desist from taking hard drugs, use of mobile phones while driving, neglect of seat belt and disobeying traffic signs.
“The use of drugs, mobile phones, failure to use seat belt, among others, have become agent of death to many and have led lot to permanent disability. Road does not even recognise chief executive,” he noted.
He charged law-enforcement agents to be committed and firm in discharging their civic duties without favour.
“In 2013, our goal is to reduce road crash significantly, and we will continue in the campaign to ensure safety of our stakeholders and make meaningful contributions to preserve lives of Nigerians,” he assured.
The Unit Commander, Ikotun-Egbe, Lagos, Iwuoha Chinwendu, called for attitudinal change by Nigerians in the usage of roads.
The Chairman, Egbe-Idimu Local Council Development Area (LCDA), Mr Adebayo Bello, called on road users to be tolerant.
Bello, who was represented by his vice chairman, Mr Kunle Olowopejo, said the LCDA would soon inaugurate a Road Safety Day to sensitise the public to the need for safety on the road.
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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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