Business
Arms Importation: Fashola Urges FG To Summon Countries’ Reps
Gov. Babatunde Fashola of Lagos State says representatives of the country where arms seized at Apapa Port were imported from, should be summoned to explain their role in the process.
Fashola made the remarks on Saturday in Lagos, while speaking with journalists after inspecting the seized arms and ammunition at the Apapa Port.
He suggested that the Ministry of Foreign Affairs should summon officials of the country concern immediately to serve as a deterrent to others.
Fashola also implored the Federal Government to order the suspension of imports from the country where the deadly weapons originated.
He said that unless the government wanted to play politics with the criminal act, the arrests already made and the names of the importers were enough evidence to bring those behind the act to book.
He said that the seizure was not different from what happened on December 25, 2009 when a Nigerian, Abdul Mutallab was allegedly caught trying to bomb a U.S.-bound aircraft.
The alleged incident resulted in Nigeria being de-categorised and its airport reclassified.
“Our seaport is not different and now that we have succeeded in seizing some magnitude of arms and ammunition at our seaport, we must build on this success.
“We should send the strongest international message out that we will not have our ports used for moving, selling or to convey arms,’’ he said.
“First of all, I think we must start to imagine what would have happened or the potential for destruction that this store of arms would have done if it had gone into wrong hands.
“The possibility is there that if this thing got out there to the wrong hands it would have been clearly unimaginable,’’ Fashola added.
The governor asked: “What do we do with this success; do we want to climb the slope or do we want to climb a hill.
“I think we must use this success to climb a slope and progress from here,” he said.
Fashola said he was sure that investigations were going on and that serious questions must be asked about where the consignment came from.
“We must use this discovery, this success to send the strongest possible message outside of this country of our commitment to national security and to the protection and safety of the lives of our citizens,’’ he said.
Fashola said that this was the time to find out where the cargoes originated from and summon the diplomatic representatives of the concerned country “if we have not done so’’.
“This is where we should be considering whether or not we should suspend imports from that country to send the strongest signal to every other country that ship goods to Nigeria.
“They should be told that our ports are for the prosperity of Nigeria and Nigerians and not for agents of destruction,” he said.
Fashola, flanked by the Commissioner of Police in the state, Mr Marvel Akpoyibo and other service chiefs, said the interception by the security operatives must be commended.
“The success recorded by the security operatives should not be wasted by delays and foot-dragging but we should apply the appropriate sanctions and punishment,” he said.
On October 26 men of the Nigeria Customs Service (NCS) and other security agencies intercepted 13 containers of arms and ammunition at the Apapa Port.
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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