Business
Azikiwe Road Construction Drivers, Commuters, Hawkers Recount Ordeals
Commercial drivers and commuters plying Azikiwe Road in the heart of Port Harcourt metropolis, as well as hawkers along the Road have expressed hardship following reconstruction work being carried out on the road.
Various interviews carried out by The Tide reveal that the drivers were unanimous in the travail of having to spend longer time on the road due to traffic holdup warranted by the construction work.
Some of the drivers who spoke anonymously stated that the construction work on the road has inflicted various kinds of hardship on heir economic life.
“Since November, last year, when this construction started, I have not been able to gather money to do anything reasonable for myself and my family,” one of the drivers said.
His reason was that “after making returns to my oga (the owner of the vehicle) I have barely enough money to survive for the day. So, far now, I am owing house rent, school fees for my children, not to talk about other things I cannot do now.”
For Chief Humphrey Emeto, the chairman of National Road Transport Workers (NURTW), Mile III Park,” I can only appeal that the government come to our aid by ensuring that the contractor handling the project hastens work because we must continue to ply the route.
“The only problem is that because of the hold-up, we are not able to make enough money daily and this has also affected the daily check-off we pay to the government.
Commuters, who ply the road, particularly civil servants, dread the experience of sitting in a hot vehicle in scorch sun, not being able to know when to get to the office and home.
By the time they (government) embark on this kind of job, good as the intentions are, they should have thought of how not to cause this kind of confusion.
“They should either take the job gradually, not taking the whole road at a time, or doing the job at night when modern major construction works are done in more civilised environment,” a civil servant said.
On their part, hawkers along the road also claim that they make lesser money now that there is m ore hold-up.
According to some of them, they make as much as N10,000.00 to N15,000.00 daily before the commencement of the re-construction work.
“But now, it is difficult to even make N5,000 a day; one of the hawkers who identified himself as Mr Akpan Jacob, said.
Sogbeba Dokubo
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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