Business
Oil Spill Devastates Rivers Community …Destroys Crops, Aquatic Lives
The people of B. Dere Community in Gokana Local Government area are now in a confused state following a recent oil spill in the area.
In a chat with newsmen, Chairman of the Community Council of Chiefs, Chief Anthony Dorgbaa confirmed that the people were exposed to what he called “untold hardship.
Dorgbaa, noted that both farmlands and aquatic lives which were the major means of livelihood have been destroyed as “our major means of survival is gone” he lamented.”
He expressed shock over the situation, given the level destruction already done to crops, animals and other means of economic activities in the area.
The Tide gathered that the cause of the spillage was connected with the ruptured underground oil pipeline suspected to be the property of Shell Petroleum Development Company (SPDC).
It was also learnt that the said pipeline, conveyed crude oil from other parts of the state to Nigerian National Petroleum Company’s refinery in Okrika.
As a preventive measure, engineers and other experts from Shell have been deployed to the impacted site to ensure that the situation was brought under control, as at the time of going to press.
Other measures such as water tanks, escavators, tankers, and heavy duty vehicles have been provided for urgent and smooth evacuation of the spill.
Also, environmental experts from the Federal and Rivers State Governments, as well as representatives of the National Oil Spill Detection and Response Agency (NOSDRA) were out to ensure that the exercise and its procedures were strictly followed.
In what may look like the counter to the process, some landlords at the impacted site have threatened to resort to legal suit, should the council of chiefs fail to carry them along in the scheme of things.
“This is not the first time such thing is happening here, last time we were not compensated,” the added.
The leaders of the Landlords Association, Messrs Baridon Bera and Monday Zormuu, expressed regret that such scenario had played out in the past, where they were not compensated, but were prepared to resist any similar attempt.
As at the time of filing this report, pipeline experts and environmentalists, have promised to make public the cause for spillage immediately the corrosive test conducted on the pipeline was out.
Security operatives were also at the site to ensure safety of workers.
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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