Business
Contractors Declare Commitment Towards Ogoni Clean-Up
Contractors selected to remediate impacted oil spill sites in Ogoniland in Rivers State have declared their readiness to effectively carry out the clean-up exercise.
The 21 contractors selected for the job made the commitment during a kick-off meeting with Hydrocarbon Remediation Pollution Project (HYPREP) in Port Harcourt, yesterday.
Speaking with newsmen on the sidelines of the meeting, one of the companies that won the bid to handle the clean-up exercise, Earthpro Unique Integrated Limited, said it was fully prepared to deliver the job according to specification.
The Managing Director of the company, Prof Babatunde Bolaji Benneth, noted that the firm was going to handle Lot 5 in Eleme Local Government Area, stressing that the company had already received a letter of the contract award for the clean-up exercise.
He indicated that arrangements have been put in place to ensure that entry into the community to carry out the exercise was smooth, adding that as soon as the site is handed over to the company on Monday, it would swing into action.
“As soon as my site is handed over to me, I will invite you to the site to see things for yourself. Like they say, the taste of the pudding is in the eating. I can’t begin to enumerate to you what we have,” he said.
Prof Benneth disclosed that the company had already carried out similar jobs in the past, stressing that the firm has technical partners in Canada, United States, Turkey and here in Nigeria, saying, “we are fully prepared. All we required is security.
“If we have safe sites, in no time, people can begin to appreciate that remediation is not rocket science. It is something that Nigerian companies can handle and efficiently too.”
HYPREP’s Head of Operations, Mr Musa Idris, explained the essence of the kick-off meeting with the contractors, stressing that it was intended to acquaint them with the standard of work expected from them.
He hinted that the handover of sites to the companies would commence on Monday, stressing that the clean-up exercise would have multiplier effects on the people of the various communities, as it would provide employment and other economic incentives to them.
By: Donatus Ebi.
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.
