Business
Bayelsa Inaugurates Committee On LG Projects

L-R: Former Military Head of State, General Muhammadu Buhari, House of Representatives Minority Leader, Mr Femi Gbajabiamila, APC Interim National Chairman, Chief Bisi Akande, at the Ilorin International Airport during their way back from Ogbomoso where former Governor of Lagos State, Chief Bola Tinubu was made Chancellor of Ladoke Akintola University of Technology last Wednesday.
The Bayelsa State Gov
ernment last Tuesday in Yenagoa inaugurated a seven-man Technical Project Evaluation Committee to evaluate projects being supervised by the Ministry of Local Government Administration.
Chief Mitema Obordor, the Commissioner for Local Government Administration, who inaugurated the committee, charged members to chart a new course for the development of local government areas.
He said the state government aims to reposition the local government system for effective service delivery to the rural populace.
“I charge you to chart a new course for rural development in line with the present administration’s Restoration Agenda for the people of Bayelsa,” he said.
Obordor urged them not to lose sight of the ministry’s mandate to ensure effective policy formulation, evaluation, implementation and effective management of the councils.
According to him, the objective is to make life meaningful for the citizens who reside in the rural areas.
“ Our job essentially is to make life easy for the grassroots and be harbinger of hope to downtrodden people.
He said Gov. Seriake Dickson had declared zero tolerance for project abandonment, and urged the committee to make sure that no project is abandoned.
Obordor said members were also to offer advice for timely completion of projects and evaluate ongoing and abandoned projects being supervised by ministry.
The commissioner further charged the committee to ascertain the status of the projects and advise the ministry on the best way to ensure their completion without further delay.
Obordor said the government wanted immediate completion of the 32 Rural Development Area secretariats.
He said it was expedient to complete the secretariats in view of government reforms aimed at discouraging truancy among local government employees.
The commissioner told the committee that the members were appointed because of their professional background and competence.
He urged them to verify the amount already paid to the contractors, evaluate the level of work done so far as well as estimate the amount required for the completion of the various projects.
Chairman of the committee, Mr Austin Jacob, who is also the head of Planning, Research and Statistics in the ministry, thanked the commissioners for the confidence reposed on the committee and gave the assurance that the committee would complete the assignment within the specified timeframe.
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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