Business
Gas Explosion: Senator Tasks Agip On Compensation
The Senator representing Rivers East Senatorial District in the National Assembly, Senator George Thompson Sekibo has assured the people of Evekwu community in Emohua Local Government Area that he would compel Nigeria Agip Oil Company (NAOC) to pay adequate compensation to them over the gas pipeline explosion that killed some persons in the community, maimed others and destroyed their crops and farmlands recently.
Sekibo gave the assurance during a visit to the community to console them over the tragedy as his constituents from the community held on Saturday.
According to him, Evekwu Community that played host to the oil company had nothing to show except the pollution occasioned by explosion of Agip pipelines that affects their environment, the farmlands, crops, air and even their drinking water, adding that time had come for justice to be done.
The federal lawmaker frowned at the neglect of host communities by oil companies, and stressed that there would be no hiding place for Agip as damages done to Evekwu community must be recovered.
He promised to present the matter before the Senate during plenary, so that Agip and the Community involved would be summoned to appear before the House, and appealed to the company to immediately do the needful and make public their findings on the explosion.
The senator thanked the paramount ruler and the people of Evekwu Community for not taking the laws into their hands by destroying the facilities belonging to Agip in the area over the neglect, but rather took the process of dialogue, reiterating that he would do everything possible to ensure adequate compensation for the Evekwu Community.
On other demands by the community, he promised to channel it to the Governor, Chief Nyesom Wike, whom he said was concerned about infrastructural development despite the lean resources, urging them to remain faithful and supportive to the administration.
Earlier in their address read by the chairman, Gas Explosion Management Committee, Evekwu community, Rev Canon Chris Idika, appealed to the senator to use his good offices to prevail on NAOC and the Ministry of Environment to release the report of the Joint Investigation Report (JIV), embark on proper clean-up of the environment, adequate relief materials for the people, evaluate the damages done to lives, properties and the environment for compensation, construction of road and town hall as well as call on the government and others to come to their aid.
Meanwhile, a former chairman of Emohua LGA, Chief Damian Ejiohuo, further appealed to Agip to live up to their social responsibilities not minding the peaceful disposition of the people of Evekwu community and also thanked the Senator for the visit, which he said is historic.
It would be recalled that on February 22, 2017,the gas pipeline which passes through Evekwu community conveying the nation’s liquefied natural gas to Bonny exploded leaving five persons dead.
Collins Barasimeye
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.
