Business
Cleric Tasks FRSC On Road Accident Management
The Federal Road Safety Commission (FRSC) has been urged to rededicate itself to safety management and saving of lives of road traffic crash victims. The call was made by venerable Micheal Oluwarohunbi of the Anglican Church
Oluwarohunbi gave the charge on Sunday at the Cathedral Church of the Advent, Life Camp, Abuja, at a service to mark the 2011 World Remembrance Day for Road Traffic Crash Victims.
He acknowledged that the job of saving lives of accident victims was risky and hazardous but stressed that the commission could do more through selfless service.
Oluwarohunbi prayed God to protect and guard officers and men of the commission as they discharged their duties in the overall interest of the nation and humanity.
“I am aware that your work is hazardous, a lot of risk is involved but you can do more through faithful service and dedication of the men and women of the organisation.’’
Oluwarohunbi urged FRSC officials to shun corruption and indiscipline as such attitudes hindered national development.
“It is no longer a story to us that corruption and indiscipline are some of the bane of our society and it appears that they are more pronounced among government functionaries.
“Let us resolve to shun evil deeds. Let us resolve to shun corruption, let us eliminate greed from our system, let us stand out for integrity and excellence.
“Let us submit ourselves to change and transformation, by our actions, in terms of policies and in our operations.’’
On the occasion, Mr Osita Chidoka, the Corps Marshal and Chief Executive Officer of FRSC, read the first lesson
Chidoka said that road accidents were man-made, stressing that the enforcement of rules and enlightenment might not achieve much unless there was a change of attitude on the part of motorists.
Chidoka said available records showed that there were 161 deaths per 10,000 accident vehicles in Nigeria, adding that “our data on road accident is worrisome to us.’’
He said more deaths were recorded on Fridays and especially Sundays between noon and 4p.m. as people were in hurry to get to their destinations.
The UN in 2005 declared the third Sunday of November as World Day of Remembrance of Road Traffic Victims.
According to the World Health Organisation (WHO), 1.3 million people die annually world-wide in road accidents.
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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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