Business
Expert Assures On Marine Pollution Management
The Chairman, Ports Con
sultative Council, Chief Kunle Folarin, on Thursday, promised that marine pollution management in Nigeria would be sustained through effective stakeholders’ collaboration.
Folarin made the promise in an interview with newsmen in Lagos.
He advised the Nigerian Ports Authority (NPA) and the National Environmental Standards and Regulation Enforcement Agency (NESREA) to collaborate with NIMASA to sustain the pollution management.
“The NPA and NESREA should work with NIMASA which has the responsibility for wreck removal and control in the maritime environment.
“By this, efforts to control and manage pollution in the marine environment will be sustained,” he said.
Folarin commended maritime stakeholders in Nigeria for their commitment in marine pollution control and waste management in spite of its limited reflection in the concluded port reforms.
According to him, as subscribers to the International Maritime Organisation Maritime Pollution (IMO MARPOL) Convention, Nigeria must sustain the best and acceptable international practises in the marine environment.
“Specifically, Nigeria has subscribed to the IMO MARPOL Convention, therefore, compliance and management towards regulation with regards to the provisions of MARPOL is mandatory.
“The IMO MARPOL Convention is very specific in the provisions, codes and recommendation on the processes and issues that should be tackled,” he said.
Folarin said also that the acceptance of IMO MARPOL Convention by Nigeria led to the establishment of NESREA to manage and regulate pollution within the Nigerian maritime domain.
He said the NPA took the responsibility for pollution control and waste management within the port environment and ensured compliance by ships that called at the ports.
“In this context, there are provisions for compliance for ship owners in disposal of ballast wastes and bilge wastes and a regime of charges is applied by the authority against ship calls.
“It is aimed at ensuring that the Nigerian port environment is clean and does not endanger marine and human lives,” he said.
Folarin said the effect of the agencies’ efforts could be assessed from the fact that Nigeria had not experienced a major oil spill disaster in spite of exploration activities.
“The agencies have been effective given the fact that the country exploits crude oil and transports petroleum products within the territorial waters.”
He said that although there had been issues of attempted dumping of toxic wastes in Nigeria, NESREA and the NPA had been alert in receiving appropriate intelligence and able to check the attempts.
He urged these agencies to keep up with the surveillance and intelligence gathering to protect Nigeria’s territorial and economic areas susceptible to abuse.
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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