Business
Senate To Delay NPA’s 2014 Budget
The Senate committee on marine transport has vowed not to pass the 2014 budget of the Nigeria Ports Authority (NPA) in the National Assembly until the agency satisfactorily convinces the committee about the success level of projects embarked upon with the previous budget.
This was disclosed by the chairman of the Committee, Hajia Zaynab Kure at the authority’s Headquarters during the oversight visit of the senators to the agency over the performance of the 20 13 budge, recently.
It was gathered that the committee Chairman’s threat was due to the absence of the Managing Director of NP A, Mallam Habib Abdullahi during the visit of the committee to the agency.
Senator Kure disclosed that the committee members came down to Lagos to see things for themselves before passing the agency’s 2014 budget, but was disappointed with the level of reception given to them by the Management of NPA.
Kure said, “We feel it is pertinent that we appraise NPA’s performance with the 2013 budget before passing the 2014 budget of the agency. But now that nobody is here to give us brief of what has been done with the 2013 budget, our hands are tied on what to do with the 2014 appropriation budget.
“If we wanted just the budget performance appraisal, we could do it in Abuja. But we wanted to come and see on-going projects, that is why we came down to Lagos,” she stated.
The wife of the former governor of Niger State tagged Abdulahi’s absence during their statutory oversight visit to the agency as a sign of disrespect to her and other members of the committee.
Reacting, Hajia Zaynab Kure said, “on behalf of my distinguished colleagues, I want to express my disappointment and displeasure, and of cause embarrassment of the Committee at the inability of your MD to receive an esteemed committee made up of distinguished senators that have come on an oversight function to the NP A.”
She further stated that, “this honourable committee wrote about two weeks ago to NPA that we are coming on a constitutional and statutory assignment. If for any reason the MD, who must have received the letter, knew he won’t be around to receive us, he should have written back to us that he has another assignment that he feels is much more important than receiving this committee”, she lamented.
She continued, “But there was no communication. I only got a call from the NP A MD on my way to the airport, by which time all my other colleagues have even boarded the aircraft, informing me that he won’t be able to receive us.”
“I did not tell my other colleagues because I thought that if I had done that, I won’t be doing justice to what has brought us here. I wanted everybody to come and see things for themselves. Except for one of us, every other member of this committee is here for this oversight visit.”
“We are all here because we have taken our job so seriously. Most of us left other important assignment back home because we want to discharge our responsibilities as a committee that is concerned about the maritime sector of this country.
“But for us to get here and the MD is not here, i must tell you that the committee is seriously disappointed and we are not happy at all. We want you to communicate same to your MD.
“We know that you are working as a team but the MD has no right, whatsoever, to have treated us the way we are treated today. We should have known that he won’t be here and would have possibly rescheduled our trip.”
Corroborating her, another member of the committee, Senator Ben Ayade called the action of the NPA MD as an absolute disrespect to the National Assembly.
In his words, “the last time we were here, the NP A MD was eager to receive us, but, that enthusiasm has dwindled.
“If feel highly compromised. I thing there is an absolute disrespect for the National Assembly. This conduct is deliberate. I find it very insulting.

L-R: Permanent Secretary, Lagos State Ministry of Housing, Mr Tunji Odunlami, Executive Director, Lagos Home Ownership Mortgage Scheme, Mr Bayowa Foresythe, Commissioner for Housing, Mr Bosun Jeje and Managing Director, Lagos State Property Development Corporation, Mr Biodun Oni, at the handing over of Shitta Housing Estate, Surulere, by Lagos Ministry of Housing to Lagos Home Ownership Mortgage Scheme in Lagos yesterday.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News2 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Featured5 days agoTinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
-
Sports2 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics2 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics2 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Maritime2 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
-
Sports2 days agoPalace ready To Sell Guehi For Right Price
-
Sports2 days agoArsenal must win trophies to leave legacy – Arteta
