Business
Customs Agent Seeks Ports Improvement
A licensed Customs agent, Nwangwu Emele, has stressed the need to upgrade the nation’s seaports to ensure that set goals are achieved.
Emele, who is also the Managing Director of a Port Harcourt-based freight forwarding firm, Emelco International Limited, gave the recipe for efficiency in the nation’s seaport on Tuesday during an interview with The Tide in Port Harcourt.
He argued that all stakeholders must work towards making Nigerian ports friendly and efficient in service delivery, noting that if the 48 hours cargo regime is to be feasible, the operators should put all the necessary parameters in place. According to him, every effort should be geared to ensure trade facilitation in the nation’s seaports.
“We must observe the operational capability of all the stakeholders, particularly the principal ones such as the Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS), service providers, shipping companies, concessionaries, banks, transporters and the security agencies in the ports.
“Before a port is referred to as being friendly and efficient, it must adequately deliver importers’ goods in good time, charge fairly reasonable fees for its services, and avoid high rate of tariffs”.
He maintained that a situation where one cannot take delivery of one’s goods from the port in two weeks means that such a port was completely unfriendly and inefficient.
Emele argued that it was wrong to blame the management of Customs for the woes of the ports since the service only handle a quarter of what passes through it. He expressed delight that the management of NCS, under the leadership of Alhaji Inde Dikko Abdullahi, faithfully implemented the reforms and restructuring of Customs since he was appointed last year.
“The former long room, with its usual bad image for delay, is no more there. In fact, the name was sometime changed to Custom processing centre (CPC). It has been given a facelift by the Comptroller General of Customs who always ensures that only very few highly intelligent officers who do not need the persence of importers or agents before their work is done are posted there”.
“This was made possible through the various methods and systems, which includes the self-assessment by importer and the agents, e-payment and of course, the backing of ASYCUDA++. All these have worked like magic to eliminate human contact in order to reduce the delay in clearing goods in ports”, he said.
He noted that the major problem the ports are facing today in attaining quick delivery of goods are caused by other stakeholders, which federal government brought to ports. He said there must be checks and balances so as to know whether all the stakeholders are up to date in their responsibilities, so that, “we can get the maximum benefits from the ports”.
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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