Business
Lagos Tanker Drivers To Begin Indefinite Strike Monday
The national leadership of the Nigeria Union of Petroleum and Natural Gas Workers has directed petroleum tanker drivers to withdraw their services from Lagos State with effect from Monday.
NUPENG said on Friday that the directive followed the failure of various authorities in the state to address three major issues that had severely caused petroleum tanker drivers pains and harrowing experiences in the state for several months now.
It said this in a statement signed by the National President, Williams Akporeha and the General Secretary, Olawale Afolabi, with the title ‘NUPENG leadership directs withdrawal of services by petroleum tanker drivers in Lagos State with effect from Monday, August 10, 2020.’
The union said, “The entire rank and file members of the union are deeply pained, frustrated and agonised by the barrage of these challenges being consistently faced by petroleum tanker drivers in Lagos State and are left with no other option but to direct the withdrawal of their services in Lagos State until the Lagos State Government and other relevant stakeholders address these critical challenges.
“It is sad and disheartening to note here that we had made several appeals and reports to the Lagos State Government and the Presidential Task Force for the decongestion of Apapa on these challenges but all to no avail.”
NUPENG said it had made wide consultations with various leadership organs of its union and with other key stakeholders in the oil and gas industry.
It said it resolved to embark on an indefinite strike beginning from 12 am, Monday, August 10, 2020, if there are no decisive and convincing actions from the Lagos State Government to address the concerns and challenges.
It said the three major challenges tanker drivers were facing in Lagos included extortion and harassment by various security agents and, area boys’ (miscreants).
NUPENG said it was disturbing and inexplicable that security agents who were expected to ensure the free flow of traffic and protection of road users were using their uniforms and arms to intimidate, harass and extort money from tanker drivers.
“This menace must stop and the leadership of these security operatives in Lagos State must go all out to call their men to order with immediate effect.”
The union also lamented that what it described as the menace of containerised trucks at Apapa, Kirikiri and Beach Land axis of Lagos and the collusion of government officials hindering fuel tankers from loading activities at depots and tank farms.
“Persistent traffic gridlock and indiscriminate parking of containerised trucks on major Lagos roads and bridges leading to Apapa port, Kirikiri, Beach Land, Satellite Town, Ijegun, are another major setbacks bedeviling the smooth running of the operations of Petroleum Tanker Drivers in Lagos State.”
According to the statement, MRS depot has been held captive for more than three months from discharging products to tanker drivers despite heavy availability of petroleum products stockpiled in their tank farm facilities.
“It’s really worrisome that Lagos State, which is known to be a mega city and centre of excellence, has now become a safe haven for area boys and area godfathers who now see petroleum tanker drivers as soft targets, extorting money from them every day, assaulting them and vandalising their trucks in some instances,” it added.
Business
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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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