Business
Union Carpets NURTW Over Illegal Motor Parks
The Rivers Drivers Transport Co-operative Union Limited has expressed worry over the activities of the National Union of Road Transport Union (NURTW) for monopolising public roads and setting up illegal motor parks in the state.
The President of the co-operative union, Comrade Benoye Sunday dropped the hint in a chat with our correspondent in his office in Port Harcourt.
Sunday said the menace caused by the NURTW on other road users had been a source of concern that they have now constituted a taskforce to illegally carry out their activities in the name of the Rivers State Government.
According to him, despite the directive by the Governor, Chief Nyesom Wake during a stakeholders meeting on April 14, 2018, directing PHALGA and Obio/Akpor to ensure all illegal motorparks and units were banned, the order has not been heeded.
He opined that their illegal activities have been worrisome and causing public nuisance and untold hardship to members of the co-operative union as they refused to join their union, adding that his members are no longer safe in Port Harcourt and its environs as NURTW hoodlums who claimed to be taskforce harass, maim, drivers and impound vehicles which recently caused the death of one of their members a keke rider who was allegedly stabbed to death by NURTW taskforce along Okporo-Rumuodara route in Obio/Akpor Local Government Area for refusing to pay N1,500 for ticket.
Sunday said NURTW has no right to restrict and obstruct other road users from accessing government facilities and called on the government and the Commissioner of Transport, Ibinabo Michael-West to further call NURTW to order to confine themselves to their jurisdiction and stop using the name of the ministry to perpetrate their illegal activities as they claimed to be enforcing MOT enumeration, stickers and painting order.
He also lamented that his members at slaughter, Woji and Akpajo routes were daily molested and forced to pay N1,500 per keke rider a day, pointing out that the extortion is uncalled for as Government workers do not even pay such tax or levy each day.
Collins Barasimeye
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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