Business
Diri Laments Erosion Menace In Bayesla
Bayelsa State Governor, Senator Douye Diri, has bemoaned the devastation caused by erosion in several communities across the state.
Governor Diri, who visited the ravaged Obogoro community in Yenagoa Local Government Area urged the Federal Government to release the funds meant for ecological disaster to aide the state’s erosion control measures.
Senator Diri, who spoke to journalists after inspecting the Saint John’s Primary School, which had been washed off by erosion, directed the Commissioners for Works and Infrastructure and that of Environment to immediately commence remedial work to salvage the situation in the community.
His Chief Press Secretary, Mr. Daniel Alabrah, in a statement, quoted him as saying that for the first time under his administration, the state had a sub-head for erosion control in its budget.
On the activities of sand dredgers compounding the woes of erosion-threatened communities, Diri also directed the Ministry of Environment to carry out Environmental Impact Assessment (EIA) before permitting commercial dredging activities.
He said his government was poised to implement laws passed by the House of Assembly on commercial dredging of sand.
“We have the Ecological Fund managed by the Federal Government and a lot of these challenges at the state level we cannot handle alone. So I call on the Federal Government to also support the state government by releasing funds from the Ecological Fund and from the Natural Resources accounts to assist the state government in trying to handle most of these challenges”, he said.
“I commiserate with the Obogoro people and share their pain. But there is hope because I just directed the Ministry of Works to immediately swing into action by opening up the natural canal. When that is done, we will also dredge to sand-fill this eroded area”, he added.
“The only thing you can see that indicates there was a primary school here is that pillar. I have also directed the Commissioner for Education to preserve it. Let it be known that there was a primary school here and the river has eaten our land.
“There are several other communities affected by erosion and you are aware that it is the first time in a budget of the state government that we have a sub-head for erosion control.
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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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