Business
Customs Reforms Aimed At Increasing Revenue Collection -Official
The Public Relations Officer, Tin-Can Island Customs Command, Mr Chris Osunkwo, has applauded the Comptroller-General of Customs, retired Col. Hameed Ali’s bold initiatives towards reforming the service and increasing revenue.
Osunkwo gave the commendation in an interview with newsmen in Lagos on Thursday.
“What has been happening is not out of place. Every government has its own style.
“When the new CGC was appointed, he has three-point Agenda.
“He comes to customs to reform, restructure and increase revenue and everything that has been happening since his assumption of duty has been in line with his agenda.
”He released the 20-point policy thrust. So, there is nothing that has been happening that is out of place.
”He sounded the notion that look I have come with a mission and we will have to work to drive his mission.
“I do not think there is anything out of place that has happened. Change, whether adverse or positive is welcome.
“All of us keyed into the change mantra and we are all change agents.
“To our mind, nothing extra ordinary has happened.”
Osunkwo said that the comptroller-general was determined to instill discipline, adding that no military and para-military organisations that could survive without discipline.
He said that a stakeholders’ forum would hold in two weeks’ time to map out strategies for enhancing revenue collection by the command.
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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.
