Business
57 N’Delta Communities To Get FG’s Water Project
No fewer than 57 communities in five states in the Niger Delta Region are to benefit from the Federal Government’s community water project, according to the Minister, Niger Delta Affairs Ministry, Dr Steve Oru.
Oru, who made this known during an interview with The Tide source in Abuja recently, said the benefitting communities were in Imo, Akwa Ibom, Cross River and Ondo and Delta states.
Oru said that three water supply projects in Bayelsa, Akwa Ibom and Rivers States had been completed, while others were awaiting financial appropriation for award.
He said that rural communities in the Niger Delta region had difficulties accessing potable water.
“Water supply is the greatest unmet challenge in rural areas, mainly caused by either poor design or lack of maintenance.
“Only 45 per cent of rural communities in the South-South region have improved sanitation, even improved pit latrines.
“Field visits by the ministry documented that only about one quarter of the piped water systems were observed to be in functional condition.
“In many communities, this tragedy is compounded by the numerous dysfunctional water projects of varying ages and designs seen close by.
“Some are unfinished. Most have broken down or are missing a simple spare part.
“Typically, the only reliable source for these rural residents remains the unsafe water of the nearby creek,” Oru said.
The minister also said that reasons for poor water supply were often technical and human rather than a function of nature.
Oru noted that in off-grid communities, hand pumps or solar water systems with tank, tower water filtration (for taste) and standpipes, were often seen.
“Generators are expensive and rare and thus far, applications of solar technology to water pumps have been hampered by inappropriate engineering requiring conversion from AC (solar) to DC (pump).
“Conversion is a weak link, apparently causing over 90 per cent of system failure in a recent NDDC solar water project. AC pumps are available,” he said.
The minister said that even appropriate technology, however, required maintenance.
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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