Business
Taxi Colour: Drivers Violate Govt’s Order In Rivers
Despite warnings by the
Rivers State Ministry of Transport’s Commercial vehicles Standardization Taskforce and the Rivers State Road Traffic Management Authority (TIMARIV), directing all commercial vehicle owners to paint their vehicles in the state approved colours of sky blue and white , some drivers have continued to violate the order with impunity.
The Tide gathered that most commercial vehicle operators with unpainted vehicles have remained adamant and refused to paint their vehicles as they hide under the guise of non-governmental organisations (NGOs), and co-operative unions and so on.
It was learnt that some private vehicles which also engage in commercial operations (Kabu-Kabu) claimed that they use their vehicles for commercial transportation in order to help stranded passengers on the road.
But our correspondent further gathered that the order by the commercial vehicles standardization project of the ministry of transport was aimed at properly regulating the commercial transport sector as well as to enhance security in the state.
According to them, their directive was to ensure that all commercial vehicles in the state are captured into the electronic database of the ministry for easy tracking, monitoring and management of enforcement on vehicles in the state and also be issued an MOT route number and a tracking number in times of emergency security situations.
The Ministry stated that with the development, quacks and “kabu-kabu’ operators are totally eliminated as they continued to constitute nuisance and disregard road transport regulations of the commercial transport sector, while they pose as threat to security in the state by their non-registration with the minister.
It was also gathered that the state government had earlier warned that any driver operating contrary to the order which is contained in the Rivers State Road Traffic Law No. 6 of 2009 commits a traffic offence and must be penalized.
On this premise, the state ministry of transport and the Road Traffic Management Authority (TIMARIV) had earlier urged all commercial operators to comply to ensure security of lives of passengers as well as to promote fast and easy identification of commercial vehicles and their operators in the state.
Meanwhile, all efforts to get reaction from the Commissioner for Transport, George Tolofari and the Controller General of TIMARIV, Eke Confidence proved abortive.
Storoes by Collins Barasimeye
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
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
