Business
Marine Consultant Tasks FG On Coast Guards
A Marine Consultant, Mr
Wakama Jhozaar, has called on the Federal Government to constitute Coast Guards to effectively monitor the waterways and curb marine related crimes in Rivers State.
Jhozaar made the call in an interview with The Tide correspondent in Port Harcourt on Tuesday.
He said that to inaugurate such outfit which will collaborate with the Nigerian Navy and the Marine Police, armed with sophisticated weapons and ammunition to patrol the waterways including the creeks would help ameliorate marine related crimes such as oil bunkering, sea piracy, as well as arrest and prosecute any sea going vessels, barges and tug-boasts that operate at odd hours of the night without headlights.
The consultant opined that the ugly trend is causing other marine operators including the fisher folk a great concern and danger since their lives and properties are no longer safe for their professional occupation.
“With the setting up of the coast guards, marine boats that operate at night without headlights would be apprehended, and sea piracy, bunkering and other crimes on the waterways will be drastically reduced as such perpetrators will desist from such acts, which are also against the marine laws of our country, Nigeria”, he emphasized.
According to him, the waterways have been very porous security wise.
He reiterated that the call for coast guards became necessary because there is no security of lives and properties on the waterways, and especially the common fishermen whose fishing gears including nets, boats and other equipment were destroyed at night by these sea-going trucks without proper headlights.
The maritime stakeholder noted that time had come for all hands to be on deck to ensure the security of lives and property of all marine operators in the country in general and Rivers State in particular for a proactive action against any offender of the laws on the waterways.
He also called on the National Inland Water Ways Authority (NIWA), the Nigerian Maritime Administration and Safety Agency (NIMASA) and other related maritime authorities to take-up their statutory functions effectively for the interest of our great nation and others whose occupations are marine related , especially the fisher folk.
Collins Barasimeye & Margret Ogwana
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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