Business
Don Blames Lack Of Dev On Poor Environment
A lecturer at Ahmadu Bello University, Zaria, Prof. Emmanuel Oladapo, has said that poor environmental performance is hindering sustainable development in Nigeria Oladapo noted in an interview with our correspondent in Abuja on Saturday that a lot of unchecked environmental activities had polluted the country’s environment.
“A lot of activities are going on in our environment which have polluted the air, land and water. These challenges need government attention to reduce the effect on the environment.
“Gas flaring in the Niger Delta needs to be tackled with all seriousness.
“Statistics has shown that 69.1 per cent of Nigerians are poor, indicating that something is wrong with our development. We have not been consistent in promoting environmental sustainability.”
Oladapo, who is also a climatology and environmentalist, urged the Federal Government to map out strategies to address environmental issues in a coherent manner as environment holds the key to sustainability.
However, he noted that a strong political will and accountability would assist in promoting socio-economic, environmental, educational issues, among others.
He noted that the forthcoming Rio+20 in Brazil slated for June would focus on green economy in the context of sustainable development, poverty eradication, and institutional framework for sustainable development.
He expressed the need for Nigeria to strive for green and sustainable economic development to achieve the goals of Vision 20:20:20 and the MDGs by 2015.
Oladapo also expressed the need for all stakeholders, including MDAs, NGOs, the media, CBOs and the academia, to come up with suggestions to achieve the goals.
“All stakeholders have to come up with different suggestions in areas they felt government should address.
“And all these should be put together in a summary as a document for presentation at the Rio +20 conference.
“Areas that are expected to be captured in the document should include the achievement, opportunity, challenges, next line of action, among others.
“All these suggestions should be included in the draft for sustainable development we are developing for the country.”
Business
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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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