Business
Dickson Gives Directive On Contract Documentation
Bayelsa State Governor, Hon. Seriake Dickson has directed ministries, departments and agencies handling construction-related projects for which contractors are yet to be mobilized to complete proper documentation of such contracts before the end of this month.
Governor Dickson who issued the directives while inaugurating the chairman and members of the State Infrastructure Advisory Committee at the Executive Chambers of Government House, Yenagoa lamented the setbacks his administration’s ambitious programmes have suffered as a result of the ravaging flood.
He said the directive had become imperative as Government is fully set to immediately continue with both ongoing and new projects as soon as the flood recedes.
While seeking understanding from the contractors, Governor Dickson assured that Government will do everything possible to mobilize them to site.
Governor Dickson, however urged the 16-member committee to advise Government on how to construct and maintain its critical public facilities in the State.
The Governor also charged the committee to conduct a baseline study of the entire state and furnish Government with statistics on the highest water levels.
Knowing the topography of the State, Governor Dickson said he had since conceptualized the idea of setting up the committee even before assuming office, pointing out that the magnitude of the current flood disaster reinforces its significance.
Expressing confidence in the committee, Hon Dickson also enjoined them to look into issues of concession, adding that government alone cannot build all the state-of-the-art infrastructures it intends to build for the State without input from the private sectors.
“From time to time we will like to have reports and advice in terms of the priority of our public infrastructure and also in terms of issues that have to do with concession because the state does not have the resources on our own to do all the construction that we really need”.
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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