Business
Minister Urges Speedy PIB Passage
The Minister of Niger
Delta Affairs, Pastor Usani Uguru Usani, has urged the National Assembly (NASS) to speed up the passage of the Petroleum Industry Bill (PIB).
The call was contained in a statement issued in Abuja on Friday by the Director of Information in the ministry, Mr Salisu Na’inna.
Na’inna said that the minister made the call during a meeting with executives of the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM).
He added that the early passage of the Bill would address the plights of oil and gas producing communities in the country.
He noted : “I am concerned about the PIB because its passage has dragged for too long.”
He reiterated Federal Government’s commitment to address the plight of the people of the region, stressing that no stone would be left unturned toward ameliorating their sufferings.
On gas flaring, he said “those who suffer the effects of gas flaring are not only within the Niger Delta region even though the people of the region feel the impact most.”
He said that the Federal Government was consulting on the clean-up of the area with relevant authorities.
He urged the communities to support government in checking oil theft and vandalism of oil and gas installations, which he said should be done with probity and sincerity.
The National Chairman of HOSTCOM, Chief Alfred Bubor, decried the slow pace of development in the region.
He added that successive governments had failed to significantly change the lives of the people or the quality of their environment.
Bubor said that the oil and gas producing communities had never felt the impact of the several interventions initiated by government.
The Permanent Secretary in the Ministry of Niger Delta Affairs, Wakama Belema, then assured the oil and gas producing communities of the present administration’s commitment to their welfare.
She said that the ministry was making efforts to ensure that the communities felt the presence of government in their lives.
She listed some of the various projects and programmes of the ministry in the region to include the construction of skill acquisition centres, housing schemes, electrification of communities, road and water supply projects.
All these projects were being implemented to ameliorate the sufferings of the people of the Niger Delta, she added.
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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.
