Business
PH Airport Sets Up Panel Over Fire Incident
Sequel to the fire incident that gutted two giant generator sets at the Port Harcourt International Airport, Omagwa, recently, the management has constituted a panel of enquiry to unravel the causes of the inferno.
The Airport Regional Manager, South-South/South-East, Mr Felix Akinbinu, who disclosed this while interacting with aviation correspondents, last Thursday, said management was doing everything possible to unravel the circumstances of the fire incident.
He said no staff of the authority has been queried or suspended as a result of the incident, explaining that the management was awaiting the result of the panel.
“We do not want to be in haste, but we are determined to unravel the circumstances that resulted in the fire incident, and we do not want anybody to be treated unjustly.
“We will be patient to wait for the outcome and the findings of the panel on the matter, before any further action will be taken on that. We trust that the committee will do a thorough job” he said.
The Tide’s findings revealed that the two giant generator sets that were serving as alternative source of power at the airport, got burnt about two weeks ago.
It was further gathered that the generator house was located close to the office of the airport fire fighters, yet there was no prompt response to quell the fire.
Some airport users have, however, expressed concern over the role played by both the airport security and fire fighters in the incident.
Reacting to the incident, a travel agent at the airport, Mr Ogbonna Otamiri, said he suspected a foul play in the fire incident.
“How can the generators get burnt at that particular time of the day, when it was not yet dark, whereas the fire fighters were there, as well as the aviation security operatives assigned there.
“Who wants to undo the Port Harcourt airport, what is going on here? Until now, no serious action has been taken, no arrest, no query yet; all you hear is setting up a panel”, he said.
A Niger Delta activist and former management staff of Air France, Mr Kenneth Quaker, in his reaction, said the unfolding events were like drama aimed at sabotaging the Port Harcourt International Airport.
By: Corlins Walter
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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