Business
Bodija Bridge: Motorists Seek Alternative Routes
Motorists plying the Secretariat-Bodija road in Ibadan metropolis are now diverting to alternative routes to beat the traffic snarl caused by the closure of the Bodija bridge.
Investigations by the newsmen last Wednesday revealed that commercial drivers heading to Bodija market from Bere now divert through Ikolaba-Favours junction to link up with the market road.
Other motorists also pass through the State secretariat to link Adeyi junction before heading to Sango.
Speaking to newsmen on the situation, Mr Yekini Dauda, Nafiu Ambaliyu and Akeem Moradeyo, all commercial bus drivers playing the Bere-Bodija market, said the diversion had led to more cost in fuel consumption and time wasted.
They, however, commended the state government for embarking on reconstruction of the bridge, saying it had become a death trap whenever there was a down pour.
Some residents, however, complained about the traffic jam now being experienced on the road, saying there was need to deploy traffic management officials to the scene.
Mrs Akinola Aderoju, who had to go through the State Secretariat-UI road complained about the narrowness of the road and the delay experienced at the entrance and exit of the Secretariat due to checks by security men.
Another resident, Mr Ayande Arije, said the reconstruction of the bridge ought to have been awarded in December after the August 26, 2011 flood.
He called on the contractor handling the project to consider the importance of the bridge while justifying the investment of the state government and sacrifice made by residents.
When contacted, the state Commissioner for Works and Transport, Mr Yunus Akintunde, told newsmen that the road would remain closed until the completion of the work on the bridge to avoid distraction each time there was a downpour.
He said that the alternative routes were good enough for the duration of the reconstruction work.
Akintunde appealed to motorists to support government in its effort to improve the welfare of the people.
Bodija Bridge: Motorists Seek Alternative Routes
Motorists plying the Secretariat-Bodija road in Ibadan metropolis are now diverting to alternative routes to beat the traffic snarl caused by the closure of the Bodija bridge.
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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