Business
FRSC Cautions On Gridlocks On Lagos Bridges
The Federal Road Safety Corps (FRSC) has warned that the gridlocks created by trucks and articulated vehicles on bridges in Lagos are dangerous and have damaging effects.
The Lagos State Sector Commander of the FRSC, Mr Hyginus Omeje, made the remark in an interview with newsmen in Lagos.
Omeje spoke against the backdrop of the recurring gridlock on the Apapa Road bridge taking traffic to the tank farms in the area.
“ We are sitting on a keg of gun powder because the bridges are weakening on a daily basis as tankers, trucks and articulated vehicles are parked on top of them, due to traffic congestion.
“ When these vehicles are stationary on the bridges for a long time, they have a negative impact, including deterioration, bridge-fatigue, damage or even collapse; moreover, there is no money anywhere now to build these kind of solid bridges again.
“The Ijora, Eko, Carter and Third Mainland bridges are expensive projects that require huge capital to execute.
“So, it is urgent that we do whatever we need to do, to preserve these bridges, so as to make them last longer.’’
The sector commander said that the primary mandate of the corps was to ensure that all routes were safe for motorists.
According to him, the lingering gridlocks in Apapa are as a result of many factors.
“The issue of Apapa traffic congestion is multi-faceted; you cannot address the gridlocks in the area without addressing the state of the roads.
“These gridlocks cannot be controlled without proper road rehabilitation in the area.
“There is need to speedily work on the road network there, as well as the drains,’’ he said.
Omeje, however, said that efforts were underway to rehabilitate the roads.
“Some weeks ago, the Minister of Power, Works and Housing, Mr Babatunde Fashola, signed a Memorandum of Understanding (MoU) with three companies that are willing to put the Port Access Roads in Apapa in good shape.
“We are talking of the Dangote Group, the Flour Mills and the Nigeria Ports Authority (NPA); they are coming together to take up the rehabilitation of the roads from the Police Area `B’ Command, the former Nigeria Airways building and Eleganza, into Apapa.
“They want to rehabilitate those segments of the road network in Apapa, as part of their Corporate Social Responsibility (CSR),’’ Omeje said.
The FRSC boss added that the corps had also commenced a special traffic control exercise in Apapa, to curb the lingering traffic challenges in the area.
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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