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Yuletide: Passengers Groan As Fares Double

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L-R: Governor of Central Bank of Nigeria, Malam Sanusi Lamido, Deputy Governor, Mr Kingsley Moghalu, Governor Peter Obi of Anambra State and the Minister of Finance, Dr Ngozi Okonjo-Iweala, at a meeting of the Economic Management Team in Abuja, last Monday.

L-R: Governor of Central Bank of Nigeria, Malam Sanusi Lamido, Deputy Governor, Mr Kingsley Moghalu, Governor Peter Obi of Anambra State and the Minister of Finance, Dr Ngozi Okonjo-Iweala, at a meeting of the Economic Management Team in Abuja, last Monday.

Passengers travelling out of Lagos State to parts of Western and Eastern Nigeria for the Christmas and New Year celebrations have been groaning, following the exorbitant fares charged by transport operators.

Some of the passengers who spoke with The Tide source in separate interviews, described the transport operators as ‘inhuman’ and ‘wicked’.

According to them, the attitude of raising fares during the Christmas was a sin of greed, extortion and covetousness, which God frowns at.

Reporters’ visits to Iyana-Ipaja, Oshodi, Ojota and Jibowu Motor Parks showed that many passengers were stranded following the exorbitant fares they never prepared for.

Joy Chukwu, a Benin-bound passenger, who said that the fare rose from N1,700 to N3,050, expressed sadness over the hike, which she described ‘ruthless’.

“I really felt bad about this excessive increase, of course, this is the festive period but the gap is abnormal,” Chukwu told newsmen.

Another Port Harcourt-bound lady, Miss Angela Oshie, who lamented over the inflation of fares, said that the fare rose from N3,200 to N7,000.

“Ordinarily, fares from Lagos to Port Harcourt used to be between N3,200 to N3,500 but this has gone up to N6,500, N7,000 is ridiculous,” Oshie said.

An Ado-Ekiti bound traveller, Mr Ola Ibitoye, who told reporters that the fare rose from N1,800 to N2,500, said it was outrageous.

“It is not easy at all, this is a gross extortion and God is not happy about it. We should not be extorting ourselves.

“Why should there be this kind of increase? Is Christmas not like any other day?” he asked.

Mr Ige Akinwumi, an Abakaliki-bound traveller, who said that the fare rose from N2,000 to N4,500, lamented over the increase, saying that drivers were greedy.

“No greedy man or woman will have enough; it is the blessing of the Lord that makes one rich, without adding sorrow, so they must know that they need to stop oppressing their fellow men.

“We use to board this bus for N2,000 before, getting here today and finding it at N4,500 is a surprise to me,” Akinwumi said.

Mrs Christiana Ikedi, a Warri-bound traveller, who noted that the fares rose from N2,000 to N4,000, said that the excessive fares would not bring any additional fortune to the transport operators.

“This cannot make drivers become rich overnight; it is not good at all, it is an oppression and man’s inhumanity to man,” Ikedi said. An Abuja-bound traveller, Miss Tracy Okeke, who said that the fare rose from N4,500 to N6,550, described it as outrageous.

“This is very embarrassing from our own people; the drivers don’t even consider that some of these buses belong to government.

The Tide source reports that fares from Lagos to Owerri, Abia, Enugu, and other eastern states rose from N3,500 to N6,500 at major parks in Lagos.

It was learnt that the transport fares in most of the motor parks across the state have gone up by more than 100 per cent because of the mass movement of passengers to other parts of the country for the festivities.

Reporters says that transport fares to Eastern Nigeria which were between N2, 500 and N3, 000 before the Christmas season, have increased to N6,000 and N7, 000.

Few of the transporters who spoke to reporters attributed the general fare increase to patronage and shortage of buses, as well as bad roads.

According to them, most of the drivers have to return to Lagos empty, without carrying passengers, because of the exodus out of Lagos.

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Agency Gives Insight Into Its Inspection, Monitoring Operations

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The Director, South South Zone National Agency for Food Drug Administration and Control (NAFDAC), Pharmacist Chujwuma P.Oligbu has said its  thorough implementation of its core mandate of monitoring has no link with witch-hunting or fault finding as perceived at some quarters.
 Oligbu, made this known when he spoke as as guest at the maiden Rivers state Supermarkets stakeholders’ Seminar/Workshop in Port Harcourt recently.
Rather, he said they were mere opportunities for education, correction and continuous improvement.
The Agency’s South South Boss, noted that  Supermarket operators who maintain transparent records, cooperate during inspections, and promptly address identified gaps demonstrate professionalism and commitment to public health standard.
He listed the deserving essence of supermarket operation to include the key aspects of supermarket operation that deserves emphasis is product sourcing.
“Supermarkets must ensure that all regulated products stocked on their shelves are duly registered with NAFDAC and sourced from legitimate manufacturers or distributors”, he said .
According to him, the presence of unregistered, expired, counterfeit, or improper labelled products undermines consumer confidence and poses serious health risks.
He pointed out that such has the likelihood of  exposeing supermarket operators to legal sanctions that could damage their reputation and financial stability.
The NAFDAC Operator, further enlightened the participants that mere registration of a particular product with the Federal agency do not guarantee absolute consumption safety.
“Temperature control, cleanliness, pest control, stock rotation, and proper shelving are not optional practice; they are essential components of compliance”, he said.
The South South zonal director also told the operators of supermarket that their employees rotine training on the basis of the product they display for sale is of utmost importance.
In her presentation a Breast Milk Nutrition Expert , Professor Alice Nte of University of Port Harcourt Teaching Hospital (UPTH), was against the body’s prime attention to breast milk substitute or baby milk in supermarkets as well as its advertisement or promotion.
Nye jerked up  the importance of mothers breast milk to the newborn baby and added that it  help in fighting against childhood diseases, infections and combating cancer in breastfeeding mothers.
Meanwhile, NAFDAC Deputy Director, South – South Zone , Mrs. Riter Chujwuma educated the participants on the guidelines for global listing, and the need to adhere strictly to rules guiding global listing to avoid confiscation of their imported products.
By: King Onunwor
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BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS

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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.

 According to the data, more than 4.3 million new BVNs were issued within the one-year period, underscoring the growing adoption of biometric identification as a prerequisite for accessing financial services in Nigeria.

NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.

Analysts linked the growth largely to regulatory measures by the CBN, particularly the directive to restrict or freeze bank accounts without both a BVN and National Identification Number (NIN), which took effect from April 2024.
The policy compelled many customers to regularise their biometric records to retain access to banking services.

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.

The programme has been widely regarded as a milestone in integrating the diaspora into Nigeria’s formal financial system.

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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AFAN Unveils Plans To Boost Food Production In 2026

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The leadership of the All Farmers Association of Nigeria (AFAN) has set the tone for the new year with a renewed focus on food security, unity and long-term growth of the agricultural sector.
The association announced that its General Assembly of Farmers Congress will take place from January 15 to 17, 2026 at the Abuja Chamber of Commerce and Industries, along Lugbe Airport Road, in the Federal Capital Territory.
The gathering is expected to bring together farmers, policymakers, investors and development partners to shape a fresh direction for Nigerian agriculture.
In a New Year address to members and stakeholders, AFAN president, Dr Farouk Rabiu Mudi, said the congress would provide a strategic forum for reviewing past challenges and outlining practical solutions for the future.
He explained that the event would serve as a rallying point for innovation, collaboration and economic renewal within the sector.
Mudi commended farmers across the country for their determination and hard work, despite years of insecurity, climate-related pressures and economic uncertainty.
According to him, their resilience has kept food production alive and positioned agriculture as a stabilising force in the national economy.
He noted that AFAN intends to build on this strength by resetting agribusiness operations to improve productivity and sustainability.
The AFAN leader appealed to government institutions, private investors and development organisations to deepen their engagement with the association.
He stressed the need for collective action to confront persistent issues such as insecurity in farming communities, climate impacts and market instability.
He also urged members to put aside internal disputes and personal interests, encouraging cooperation and shared responsibility in pursuit of national development.
Mudi outlined key priorities that include increasing food output, expanding support for farmers at the grassroots and strengthening local manufacturing through partnerships with both domestic and international investors adding that reducing dependence on imports remains critical to protecting the economy and creating jobs.
He stated that the upcoming congress will feature the launch of AFAN’s twenty-five-year agricultural mechanisation roadmap, alongside the announcement of new partnerships designed to accelerate growth across the value chain.
Participants, he said wi also have opportunities for networking and knowledge exchange aimed at transforming agriculture into a more competitive and technology-driven sector.
As part of its modernisation drive, AFAN is further encouraging members nationwide to enrol for the newly introduced Digital ID Card.
Mudi said the initiative will improve transparency, ensure proper farmer identification and make it easier to access support programmes and services.
Reaffirming the association’s long-term goal, he said the vision of national food sufficiency by 2030 remains achievable if unity and collaboration are sustained.
He expressed optimism that with collective effort, Nigeria’s agricultural sector can overcome its challenges and deliver a more secure and prosperous future.
Lady Usendi
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