Business
Customs Boss Assures On 48 Hours Cargo Clearance
Customs Area Controller, Port Harcourt Command, Comptroller Mamman Jamo, has assured that 48 hours cargo clearance can be possible at the ports provided the business community operating at the ports complies with the federal government guideline on importation.
The customs boss who stated this in an interview, said the importers/agents should make proper declaration and correct payments for their import. He noted that the 48 hours clearance is also possible if agents /importers are encouraged to operate at the ports at weekends provided they complied with the official guideline. He said this would go a long way in reducing delay of cargo clearance and port congestion.
According to him, agents should be able to make self assessment of their goods, which would make the verification easier for the officers of Nigerian Customs Service and this, he said would eliminate delay in the release of cargoes declared.
He argued that some operators have cited inconsistency and poor implementation of government policies over the years and government agencies with overlapping functions and lack of adequate infrastructures as reasons why 48 hours cargo clearance might not be attained, but noted that the shipping companies have important role to play to achieve 48 hours clearance of cargo.
“The shipping companies should provide connectivity with agents/their importers and other relevant agencies. Shipping companies should provide definite time for container positioning at the terminal examination bays for select cargoes. The shipping companies should display the actual location of containers and inter-terminal transfer for display, so that the time wasting on locating the cargo is reduced and 48 hours clearance of cargo could be achieved,” he said.
The Customs boss urged the customs officers to live up to their duties, stressing that there must be change in their attitude towards this important aspect of their functions. There should never be delay on any correct documentations and payment of duties as stipulated by law,” he said.
“The service should equally insist on the speedy submission of manifest electronically and thereafter notify the manifest seat within 24 hours of arrival of the vessel, this will equally eliminate delay,” he added.
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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