Business
Transporter Tasks RSG On Illegal Structures …Says Shops Have Taken Over Bus Stops
As Rivers State moves to eradict illegal structures, motor parks and trading at unauthorised areas in Port Harcourt city and its environs, a transporter, Mr Emetalu Chuzi, has urged the state Ministry of Urban Development to extend the drive to bus stops, particularly in Diobu.
Chuzi, who is the Managing Director, of Emezi Transport Services, made this appeal in an interview with The Tide in Port Harcourt, yesterday.
He decried a situation where virtually all the bus stop structures along Ikwerre Road, beginning from Mile III to Mile I, are taken over by all sorts of trading activities.
The transporter said, “yam sellers, illegal motor parks and all manner of trading activities have taken over the bus stop structures.
Let the government agencies responsible take all necessary steps towards moving these people away from these structures to where they should be”.
Chuzi commended the present administration in the state for its efforts at restoring the Garden City status of Port Harcourt but lamented that until illegal business trading at bus stops are removed, the target would not be actualized.
He urge the ministries of transport and urban development to rehabilitate bus stop structures along major roads such as Ikwerre Road, Aggrey road and Aba Road, amongst others to make them wear standard looks.
The transporter alleged that those trading at the bus stop structures pay illegal fees to fraudulent persons and that when the fraudsters are identified, the ugly situation would come to an end and Port Harcourt City would be the better for it.
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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