Business
FRSC Tasks Tanker Owners On Reflective Tapes
The Delta Command of the Federal Road Safety Corps (FRSC), has advised tanker drivers to use retro-reflective tapes on their vehicles to avoid head-on collision.
The FRSC Acting Sector Commander, Mrs Patricia Emeordi, gave the advice recently in Warri during a Truck Safety Campaign sensitisation on retro reflective tapes, organised by the Arrive Alive Road Safety Initiative and sponsored by Chevron Nigeria Ltd.
Emeordi said the importance of the retro-reflective tapes on all categories of vehicles, especially trucks, could not be over-emphasised in spite of other caution signs.
According to her, the tapes do not only make the vehicles visible at night, they also show their sizes when the tapes are properly placed.
The acting sector commander advised drivers to place the tapes on both sides of their vehicles to illuminate them when turning.
Quoting the National Road Traffic Regulation 2004, Section 56 (P) as requiring all commercial vehicles other than taxis to have two reflective stickers fitted to the extreme, she said the stickers should be four inches wide and 12 inches long to indicate the maximum width of the vehicles.
Emeordi, therefore, appealed to drivers, especially those driving trucks, to use the retro-reflective tapes.
Mr Femi Odumabo, the General Manager, Government and Public Affairs, Chevron Nigeria Ltd, said the safety campaign was consistent with the company’s tradition of care and commitment to the safety of lives on Nigerian roads.
Represented by Mr Philip Bassey, the Senior Committee Engagement Representative, Chevron Nigeria Ltd., Odumabo said the company and its partners, the Agbami Field, placed high premium on safety in line with the commitment to protect people and the environment.
He said the company was happy to partner with the FRSC to check accidents on Nigerian roads, adding that the campaign would focus on safe driving and enlightenment.
In his opening remark, Mr Ikeh Okonkwo, the Chief Executive officer, Arrive Alive Road Safety Initiative, said that Nigeria contributed one-fifth of the 3,500 daily road accident in the world, while trucks contributed 50 per cent of the figure.
Okonkwo said that most Nigerian roads were in a deplorable state, noting that “trucks parked on the roadsides must have the caution sign to warn on-coming vehicles.”
He advised that the retro-reflective tapes be used to achieve safety on the roads, saying that with contributions from all stakeholders, zero accident was attainable.
In his response, Chief Magnus Onyeka, the Public Relations Officer of Petroleum Tankers Union in Delta, appealed to government to ensure that roads across the country were put in good shape, “as 60 per cent of road crashes are caused by bad roads”.
He said that the union had banned the movement of trucks between 7 p.m. and 6 a.m., as well as the sale of alcohol in the union’s canteens across the nation.
“We sanction any member caught drinking alcohol in the morning.”
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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