Business
Agents Make Case For SON’s Return To Ports
Clearing agents under the aegis of the Association of Nigeria Licensed Clearing Agents (ANCCA) had thrown its weight behind the Standards Organization of Nigeria (SON) in its current efforts to persuade the federal government to rescind its decision that SON should leave the ports.
The spokesman of the Association Seme Border Chapter, MR Okwochie Emman said the clearing agents were prepared to support SON in its clamour for reinstatement to the seaports.
Okwochie who made the declaration in an exclusive interview with The Tide correspondent at Seme border said the ANCCA needed SON officers for joint inspection of imported consignments.
According to him, agents were not opposed to undertaking joint inspection with SON because the role of the agency in promotion and protection of public health is paramount to national survival.
Okwochie expressed deep regret that the removal of SON from the ports and land borders has created an unhealthy opportunity for large quantities of unwholesome products to escape detection at the ports.
The ANCCA chieftain stressed the need for customs to invite officers of the standards organisation to assess shipping documents in order to forestall influx of spurious products.
Okwochie expressed concern that the country’s international image would be dented by activities of unpatriotic Nigerians and their foreign collaborators who flood Nigerian markets with fake and unwholesome products stressing that the federal government in its wisdom should bring back the Standards Organization of Nigeria (SON) to the nation’s seaports and land borders to track down unscrupulous importers of sub-standard products.
It could be recalled that federal government ordered nine government agencies out of the ports as a measure to eliminate corruption in the sector.
The Finance Minister, Dr Ngozi Okonjo-Iweala gave the maching order which sent the standard organization of Nigeria (SON), National Drug Law enforcement Agency, (NDLEA), National Agency for Food, Drugs and Administration Control (NAFDAC), Plant Quarantine, Directorate of Military Intelligence (DMI) Directorate of Naval Intelligence (DNI), NESREA, and Police Bomb Disposal unit packing from the nation’s ports.
The agencies approved by the minister to remain in the ports are Nigeria Port Authority (NPA), Nigeria Maritime Administration and Safety Agency (NIMASA), which has statutory functions.
Others are, the customs service, port Health, Immigration Service, State Security service (SSS), and the Port Police Command.
Nkpemenyie Mcdominic, Lagos
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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