Business
NPA, Navy, NIMASA Partner To Secure Onne, Rivers Ports
Following the incessant attacks of vessels by sea pirates in Onne and Rivers Ports, Nigeria Ports Authority (NPA) says it is partnering with the Nigerian Navy and Nigeria Maritime Safety and Administration (NIMASA) to tackle the menace.
NPA also said, plans are in the pipeline to acquire two 1.7 meters offshore monitoring vessels to complement the efforts and make the waterways safe for traffics.
Managing Director, NPA, Mrs Hadiza Bala Usman disclosed this at the weekend in Port Harcourt during the quarterly stakeholders forum held at NPA Dockyard, Rivers Port.
Represented by, the Executive Director, Finance and Administration, Mohammed Bello Koko, Usman said, soon the Nigeria Navy will be deployed to Onne and Rivers Ports to enhance surveillance and security of the facilities.
The MD also said, NPA has gotten approval for the procurement and purchase of six water tanks patrol boats.
She said the six patrol boats will enable the security agencies to patrol in and around the ports for safety.
Hadiza Usman also insisted that arrangements are in top gear with the Nigeria Navy and the office of the National Security Adviser for installation of a 3 c i, a security system that would enable NPA to monitor vessels and ships and pick them up when there is any distress.
She noted that, the disastrous system faced by the ports will soon be curbed through the NPA’s collaboration with the Navy and NIMASA.
According to the MD, the federal government is working assiduously to improve security of lives and property nationwide to the benefit of everyone.
On equipment, Hadiza Usman said, NPA will soon acquire more tugboats and construction of six pilot cutters in Onne Port to enhance productivity.
The Managing Director also said, procure processes is ongoing for the purchase of six marine boats, even as NPA is planning to dualise Bonny channel to accommodate more sea going vessels to increase traffics.
She also told the stakeholders that NPA will soon embark on the dredging of Rivers Port dockyard, to accommodate more vessels.
Usman decried that the facility at the dockyard is near moribund as budgetary provision has been made to upgrade the dockyard.
She assured terminal operators and stakeholders that, NPA will soon embark on concession reviews in the port.
Earlier, Port Manager, Rivers Port, Alhaji Abubakar Umar lauded the Managing Director, Hadiza Bello Usman for embarking on the restructuring of NPA.
Umar said, the restructuring has helped in achieving optimum operation efficiency in the ports.
On the achievements, Umar said the serene atmosphere enjoyed by the stakeholders has attracted more importers and increased ship traffic in the port which has led to more revenue generation.
The port manager also disclosed that, Rivers Port maintains cordial relationship with the stakeholders and terminal operators for efficiency.
Management, he said recently allocated two new security patrol vans to the port.
Other achievements by Umar include, responsive management, reduction in vessel turnaround time.
Alhaji Abubakar also said, Rivers Port recorded improvement in revenue generation and collection, improvement in service delivery and improved safety guidelines.
Chinedu Wosu
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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