Business
DPR Debunks Existence Of 2,000 Illegal Filling Stations
Abuja Zonal Controller of the Department of Petroleum Resources (DPR), Mr Abba Misau has challenged the claim that there are over 2,000 illegal filling stations operating across the country.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) had on January 14, advocated immediate demolition of over 2,000 identified illegal filling stations operating across the country, to check the persistent scarcity of petroleum products.
The Chairman of Board of Trustees of IPMAN, Alhaji Aminu Abdulkadir gave the suggestion when he fielded questions from State House correspondents in Abuja.
Abdulkadir, who was one of the participants at the meeting of critical stakeholders in the nation’s oil sector, said the demolition of the retail outlets had become necessary to ensure availability of the products.
The meeting, which was presided over by the Chief of Staff to the President, Malam Abba Kyari, was convened by the presidency to find lasting solutions to problems of petroleum scarcity and diversion of the commodity in the country.
He said the exercise, if carried out by the Federal Government, would also serve as deterrent to those who might want to frustrate Federal Government’s efforts towards ensuring stability and sanity in the oil sector.
“But what is true is that there are people who are not licensed marketers, who have access to these products and they are doing what they like best because they want to profiteer from it, thereby constituting these problems for government, marketers and Nigerians at large.
“And these over 2,000 unlicensed marketers are neither IPMAN nor DAPMAN members.
Reacting, the zonal controller said the IPMAN’s claim was untrue.
He queried how IPMAN was able to cumulate he figure, saying “how did IPMAN come about the figure? They should give us the list.
“If IPMAN has the list of the 2,000 filling stations they should give it to us, we will act on it and go after the stations. That is our job.’’
He explained that the DPR was on the prowl daily to arrest erring stations.
“As we speak, our men are outside, scouting for such stations. It is the fuel scarcity that revealed some of them, if there was no scarcity, people would not volunteer such information.
“As a result of the scarcity, we were able to get information on some of the stations ripping off Nigerians and the cases have been reported.
The Tide source reports that Customs gave 250 jerry cans of petrol to the Nigerian Army (9 Brigade), 200 to Nigeria Police Force, 100 each to Nigerian Prisons and Federal Road Safety Corp.
According to him, 50 jerry cans each were distributed to DSS, Customs Training Centre, Fire Service, Customs Compliance Team, Immigration and Customs Information Unit (CIU).
F.O.U. received 400, while 780 jerry cans were auctioned to the general public.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta4 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
