Business
Jonathan Wants Roads Fixed To Reduce Accidents
President Goodluck Jonathan, has directed the Minister of Works to fix bad roads in the country to reduce accidents and ensure safety.
The Minister of Information, Mr Labaran Maku disclosed this last Thursday at a one-day public lecture organised by the FRSC in collaboration with the Nigerian Television Authority (NTA).
Maku, who was the chairman of the occasion, noted that the country had lost many lives to road accidents.
He said that as part of efforts to reduce pressure on roads and reduce accidents, the Onitsha light Port would soon be inaugurated for use.
Maku attributed most of the road accidents in the country to human factor, and called on motorists and road users to comply with safety regulations and avoid cutting corners.
“Road accidents do not come from God because it is a fatalistic attitude by Nigerians.
“Whenever we crash our vehicles and kill people, in most cases, we say it is the will of God. God is not responsible for accidents and fatalities.
“We are largely responsible because of human errors. Accidents are preventable; most of the crashes we suffer on our roads are preventable,’’ he said.
In a presentation, Mr Osita Chidoka, the Corps Marshal and Chief Executive of the FRSC, called for the development of minimum national standards for vehicles in the country to reduce accidents.
Chidoka noted that many vehicles, especially mini-buses being imported into the country were without safety standards.
He, however, said that the FRSC in collaboration with key stakeholders in the transport sector had set up a committee to formulate national safety standards for vehicles being brought into the country.
The corps marshal said that when operational, the committee would set safety standards that must be met by all vehicles coming into the country.
He said that many of the mini-buses brought into the country from some Asian countries were being used for long distance journeys which they were not meant for.
“I have also noticed that the vehicles carry 18 passengers instead of the 15 passengers they were designed for, thereby making them prone to accidents.”
He described the problems associated with the mini-buses as “worrisome’’, saying that they were not meant to be used for mass transit.
Chidoka said the FCT had the highest rate of road accidents in the country followed by Kogi, Oyo, Nasarawa, Ondo, Osun, Benue, Ogun and Kano.
He noted that Oyo and Kano had the highest number of deaths from road accidents, and said that the two states occupied the first and second position because of their link with many other states.
The title of the lecture was “Road Safety in Nigeria: The journey So Far.’’
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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