Business
Illegal Parks: Task Force Reads Riot Act To Truck Drivers
The Rivers State Task Force on Street Trading, Illegal Markets and Motor Parks has read a riot act to truck drivers operating along six local government areas within the East/West Road of the State.
To this end, the task force is to begin confiscation of heavy duty vehicles parked along roads in the affected LGAs from today (Monday).
Coordinator of the task force, Bright Amaewhule who disclosed this to newsmen in Port Harcourt at the weekend, said the routine parking of trucks and trailers along major roads was constituting nuisance.
Amaewhuke directed the truck drivers operating within Eleme to move to a terminal provided for them along Ejama community in Ebubu, Eleme LGA.
“With effect from Monday (today), all trucks, trailers operating within and along the East-West Road of Eleme, Gokana, Khana, Tai, Oyigbo and Obio/Akpor Local Government Area can no longer park along the road.
“Whichever company that is operating within this axis of Ogoni and Port Harcourt, you are expected to enter into that park in Ejama, Ebubu in Eleme LGA.
“If any trailer is found outside whether parked or doing any kind of business, that trailer, together with the driver or the conductor will be prosecuted,” Amawhule stated. Amaewhule expressed happiness at the level of sanity along strategic locations in Eleme LGA and lauded his men for a job well done.
“We have been able to put the Onne axis of Eleme Road where buses and vehicles can now operate easily. No more street trading in that area. The same thing is applicable to the Akpajo-Elelenwo junction.
“That place is now free. No more street trading and no more illegal motor parks,” he said.
Dennis Naku & Tonye Nria-Dappa
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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