Business
Ministry Urges Collaboration With Stakeholders On Niger Delta Dev
The Ministry of Niger Delta Affairs has expressed its commitment to collaborate with all stakeholders to fast-track development of the region.
Minister of State for Niger Delta Affairs, Senator Omotayo Alasoadura said this during the peace, security enlightenment and sensitisation programme by the ministry, yesterday.
Our correspondent reports that the programme with theme: “Dialogue, a Panacea for Peace and Development’’, was held at Okeikpe in Ukwa West Local Government Area of Abia State.
He called on the stakeholders to work together in order to eliminate obstacles hindering development in the region.
According to him, the transformation of the Niger Delta cannot be single-handedly achieved by any one organisation, individual, institution or agency.
“The Ministry will implement programmes to harmonise the existing Niger Delta Action Plan of the Ministry and the Niger Delta Mandate of Niger Delta Development Commission (NDDC) into a single development agenda.
“It will be done through a process that will ensure robust participation of our people as a priority area in the year 2020,” he said.
Alasoadura said that the interaction was one of the strategies by the ministry to fulfill its mandate aimed at fostering the desired peace and security for sustainable development of the region.
Also, the Permanent Secretary in the ministry,Mr Olusade Adesola said that similar programmes were held in 2019 in three states of the region namely: Delta, Bayelsa and Rivers.
He said that the programme was necessary in order to address and prevent issues giving rise to conflicts, agitations and youth restiveness in the region from further escalation.
In his remarks, Governor Okezie Ikpeazu of Abia State appealed to the ministry to tidy up and complete those ongoing projects in the state.
Okezie, represented by the Abia deputy governor, Dr Ude Chukwu, also called for a better compensation for the state to prevent unnecessary restiveness.
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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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