Business
Senate Probes Military Helicopters’ Use
The Senate has resolved to probe the use of military Helicopters.
The resolution followed a motion sponsored by Senator Chris Anyanwu, titled Urgent need to investigate the recent crash of Naval Augusta 109 Helicopter in Bayelsa State.
The upper chamber further resolved that the results of past investigation into air mishaps should be made public.
During the debate, Senators raised issues on the incessant and wrong use of military helicopters and called for a regulatory framework to ensure that military equipment are not indiscriminately used for personal reasons.
Presenting the motion, Sen Chris Anyanwu noted that between 2007 and 2011 there had been two crashes of similar Augusta Helicopters owned by the Navy at different locations in the countr,y adding that the causes of these crashes each time remain unknown to the public.
She said a deep “seated systems problem must be unearthed and resolved to avert further unnecessary loss of lives and heavy financial losses to the nation.”
In his contribution, Deputy Senate President, Ike Ekweremadu who presided over the session Condoled with all those affected in the crash and noted that Nigeria has lost so much human resources in recent times
His words “I think we have recorded so much death in this country over the last two years. Since 2010 when terrorism reared its ugly head in Nigeria. And since then we have had several deaths arising from terrorism, kidnapping, arm robbery, diseases pollution accidents, road mishaps, air mishaps and other kinds of incidents that have afflicted us over the years.”
These are ordinary Nigerians. The truth is people are dying on a daily basis in this country which is very regrettable. I believe in the last two years we have lost over 50,000 people.
“So this calls for all of us as leaders of this country to halt this trend. “I think that our regulatory agencies need to wake up and ensure that only air worthy planes should take off and land in this country and for the pilots to be properly trained. And of course a lot of people have died because of security lapses. We need to also wake because the protection of live and property is the main responsibility of government”, Ekweremadu added.
In a tear-ladden voice, Senator Ahmed Markarfi, said the crash calls for the executive, which has a lot of resources, to ensure that measures are in place to avert the continuous loss of lives in Nigeria.
Senators Barnabas Gemade, Ganiyu Solomon, Abdul Ningi, Olubunmi Adetumbi and Uche Chukwumerije warned against the use of military equipment, especially helicopters for private purpose and called for a stop to the indiscriminate use of military choppers by very important persons.
Sen. Abdul Ningi said, “we have to put our acts together to regulate the use of government’s military hardwares.”
Nneka Amaechi-Nnadi, Abuja
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
-
Entertainment5 days agoFunke Akindele’s Behind The Scenes Crosses ?1.77bn
-
Rivers5 days ago
Rivers Police Commissioner Condemns Vigilante Group Over Aluu Attack
