Business
Ikuru Tasks Rivers Legislators On Effective Representation
Rivers State Deputy Governor, Engr. Tele Ikuru, has charged the state’s representatives in the National Assembly to strive to deepen democracy by ensuring effective representation and enhance their capacity to deliver the dividends of democracy to their constituents.
Engr. Ikuru gave this charge yesterday during a meeting of stakeholders from Andoni/Opobo/Nkoro Federal Constituency tagged “An Evening With Your Representative” organised by the member representing the constituency at the House of Representatives, Hon. Dakuku Peterside, at Hotel Presidential, Port Harcourt.
He however commended Hon. Dakuku Peterside for his impressive performance at the House, reiterating his confidence in him, “Remember, I said during the campaigns that once, we have seen a man who will speak and shout for us; that man is Dakuku; today, he has justified my statement; by his call on us to assess his performance at a meeting like this is because he is responsible, Engr. Ikuru said.
Describing Hon. Peterside as the best ever produced in the constituency for moving two motions and supporting about 50 others within three months, Engr. Ikuru thanked him and urged him not to relent.
In his speech, the former Deputy Governor of the State, Sir Gabriel Toby expressed happiness that Hon. Peterside has changed the pattern of leadership exhibited by his predecessors by hosting his constituents to account for his stewardship, enjoining his future successors to emulate him.
In their separate speeches, Senator Magnus Abe, representing Rivers South-East senatorial district at the Senate; the Opobo-Nkoro member of the Rivers State House of Assembly, Hon. Senibo Anderson Miller; the Managing Director of Niger Delta Development Commission (NDDC), Dr. Christian Oboh; Dr. Sam Sam Jaja and Dr. Silas Eneyo lauded Hon. Peterside for effective performance at the House, commending the people for carefully choosing him, while assuring that dignitaries and professionals of the area would meet with him to chart a course for progressive development of the constituency.
Earlier, the host, Hon. Dakuku Peterside disclosed that his commitment to contribute to every debate in the House facilitated his appointment as House Committee Chairman on Petroleum Resources (Down-Stream), stressing that some of the bills he proposed include “Threat of Annihilation of Riverine Communities bill, Construction Industries Regulation bill and had made great input into the bill seeking the attention of the Federal Government on the plight of Oloibiri where oil was first discovered in Nigeria, saying two of the bills proposed by him had been passed into law, adding that the rest were at various stages of debates.
The highpoint of the evening was the inauguration of a seven member committee to plan and organise an Andoni-Opobo/Nkoro Economic Summit to take place sometime next year, 2012.
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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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