Business
Expert Tasks Rivers LGAs On Infrastructure Dev
A road construction consultant, Mr. Eugene Ugo, has called on local government councils in Rivers State to support the efforts of the government in infrastructural development.
Ugo, who stated this in an exclusive interview with The Tide at the weekend in Port Harcourt said, local governments as the third tier of government should complement the efforts of the various states in order to ensure even development of infrastructure.
He, however, called on the Port Harcourt City Local Government Council and its Obio/Akpor counterpart to play active roles in infrastructure development, especially on roads.
The roads expert who is also the managing Director of Infra Consult, stated that some states, especially Rivers, undergo the construction of some roads that impact the lives of the people inspite that such roads belong to the federal government.
“Wike and other governors undertake the rehabilitation of some major roads in the state even though they are federal roads.
“Let the local governments do the same and send the bills to the state because they are set up to see to the welfare of the grassroots people”, he said.
It could be recalled that some motorists and residents recently called on the Rivers State government to fix the dilapidated section of the NTA/Choba road, between Ozuoba and Rumuologu communities.
While interacting with newsmen in Port Harcourt, the motorists said the heavy traffic jam experienced on the road was due to the dilapidated section of the road.
A cross section of the road users while lamenting their plight expressed the fear that the situation would be worse when the rains start.
They further called upon the Rivers State government to kindly extend the operation zero pothole programme to the Ozuoba/Rumuologu section of the NTA/Choba road and also construct drainage system.
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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.
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