Business
Commuters Bemoan Poor State Of East-West Road
The contractor handling the construction of the East West Road has been called upon to rehabilitate the police check point part of the road.
A cross section of commuters who made the plea, while speaking to The Tide in separate interviews recently said the bad spot between the Emohua and Choba Bridge needed to be fixed in order to avert avoidable road mishaps. A civil servant who frequently plies the road, Mr. Solomon Ogini while speaking to The Tide described the section of the road as a death trap to both pedestrians and motorists.
He further called for the early rehabilitation of the deplorable spot to save lives and property.
Also speaking, a motorist, Mr. Igwe Okagua appealed to both the Federal Government and the contractor to ensure speedy completion of the highway. He stressed the importance of the road to the nation’s economy.
A pregnant housewife who lamented the bad state of the road explained that the numerous potholes on that spot of the road had been a major challenge to pregnant mothers.
“That portion of the road, has always posed danger for expectant mothers including nursing mother”, she said.
The Tide further gathered that the bad state of the road at the police check point had in the recent past affected the smooth operations of police officers in carrying out their official duties.
It could be recalled that most times, tankers and other heavy trucks breakdown at the spot, thereby causing traffic gridlock that lasts for several hours.
According to a police officer who would not want his name on print, “motorists are forced to make a u-trun and use the Rumuokoro, Isiokpo-Elele axis to enable them travel to Ahoada, Warri, Bayelsa and other routes”.
The Tide investigations reveal that the contractor handling the road, Setraco, has already commenced work at Ogbakiri axis of the East-West Road in Emohua Local Government Area of the state.
Business
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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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