Business
Nigeria, Not e-Waste Dump – NESREA
The National Environmental Standards Regulation and Enforcement Agency (NESREA), has reiterated its resolve not to allow Nigeria to be a dumping ground for electrical and electronic waste by foreign nations.
Dr Ngeri Benebo, Director–General of the agency gave the assurance at the second Expert Critique Meeting on the Draft National Environmental Electrical and Electronic Sector Regulations in Abuja
“Nigeria will not be used as dumping ground, we will ensure that adequate regulations are put in place to check against this menace, the developed world is ready and willing to cooperate and partner with Nigeria on this issue”.
“We have received alerts from developed countries on e-waste to be dumped into Nigeria, because Nigeria is part of the global movement against e-waste,’’ she stressed.
According to her, the principal thrust of the regulations is to prevent and minimise pollution, adding that, “they have been divided into various parts with a view to covering the issues at stake from cradle to grave”. She stated that the draft regulations had undergone first expert critique and review, pointing out that the corrected draft had been further reviewed at the state level by the Federal Ministry of Environment.
Benebo, however, said that NESREA would ensure the harmonisation of the new regulations to accommodate states, ministries and other relevant agencies, to guide against movement of toxic wastes in and out of the country.
She stated that Nigeria succeeded in sending back shipments containing e-waste back to its port of entry, because of the network coupled with effective security alert in the country.
The resource person for the review of the draft regulation, Mr Herve Guilcher, from the Office of Hewlett Packard (HP) for Europe and Africa, described e-waste in Africa as a serious issue demanding a serious solution.
He said that e-waste was not as bad as people thought, adding that, “it can be a source of revenue for the informal sector”.
Chief Emeka Dike, President, Alaba International Market Traders Association (AIMTA), called on the government to reduce tariff on imported goods, to enable traders dump importation of e-waste in preference for importation of new electronic and electrical goods.
He argued that reduction of tariff on importation of electrical and electronic goods would check the influx of used electrical and electronic wastes into the country.
“We are ready to comply so long as the legislation will not affect our business and environment, we will key into it,’’ he assured.
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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