Business
Road Indiscipline: FRSC Seeks Stakeholders’ Collaboration
The Sector Com
mander, Federal Road Safety Commission (FRSC) in Rivers State, Mr Ayodele Kumapayi, has solicited for collaboration of stakeholders in reducing the high rate of indiscipline on the road.
Kumapayi, who spoke to The Tide in an exclusive interview, Thursday, in Port Harcourt frowned at the rate of insensitivity of some road users to the interest of their follow road users.
“Road indiscipline is high in Rivers because most drivers don’t consider the interest of others who also use the road with them,’ he said, stressing that, to check the trend, members of the public were needed to assist the commission.
He appealed to vehicles owners, especially fleet operators to install the speed limiting device for the safety of their vehicles and passengers.
The commander disclosed that the first phases of the campaign for installation of the device had since began from 1st January and will terminate in March while full enforcement will commence on April 1st, 2016.
He noted that over speeding is the major traffic challenge in the state and that with the speed limiting device it would be reduced.
He lauded stakeholders for their collaboration during the safety campaign in December saying, it drastically reduced road crashes.
Kumapayi revealed that only three crashes were recorded at the 2015 Christmas period as against the nine recorded at the same period in 2014 and attributed the feat to the robost campaign during the season.
Chris Oluoh
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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