Business
INEC De-Registers 38 Parties
The Independent National Electoral Commission (INEC) has de-registered two more political parties, bringing the total number of de-registered parties to 38.
Our correspondent reports that the affected political parties are Change Advocacy Party (CAP) and Democratic Front for a Peoples Federation. (DFPF)
A reliable source at INEC told newsmen that the decision to de-register the parties was the commission’s meeting of February 5.
The source also said that the political parties affected did not meet the requirements stipulated by the Electoral Act 2010 as amended.
When contacted, the Chief Press Secretary to the INEC Chairman, Mr Kayode Idowu, confirmed the de-registration of the parties.
Meanwhile, the Independent National Electoral Commission (INEC) is determined to conduct free, fair and credible elections in 2015 and beyond, the INEC Resident Electoral Commissioner in Enugu State, Dr Lawrence Azubuike”, said.
Azubuike gave the assurance in Enugu at a capacity building workshop which the commission organised for the commission’s staff in Enugu State.
Azubuike said that toward achieving the goal, the commission had commenced series of training for its workers to prevent any laxity in the future elections.
“INEC is doing everything possible to conduct one of the freest elections in 2015. There is a consensus that the electoral exercises which the commission has undertaken since 2011 have improved.
“Therefore, the public will no longer tolerate any shortcoming from the election management body,’’ he said.
Azubuike expressed delight that INEC in the state had not had cause to conduct re-run, run-off or bye-elections since 2011.
He attributed the development to hard work and dedication to duty by the staff and urged the participants to take the workshop seriously.
He said the workshop would boost the workers’ productivity in meeting the expectations of Nigerians in future elections.
In a paper entitled, “Election Logistics: Distribution of Election Materials’, the Head of Department, Operations of INEC, Dr Fidelis Uguru, stressed the need for timely provision of election logistics for elections.
He added that the distribution of election logistics were key to the success of elections.
Uguru explained that the logistics for polls involved planning for and computation of human electoral personnel as well as sensitive and non-sensitive materials.
He said that it also required timely recruitment and procurement of resources, effective transportation of electoral personnel and materials, proper storage of material and provision of adequate security.
Uguru said that out that distribution of election materials, especially non-sensitive ones like voters’ register, forms and stationery usually commenced two weeks before an election.
Uguru emphasised the imperative of monitoring movement of distributed materials with a view to ensuring that they got to the end users.
“If all these are put in place for the elections and with the cooperation of the electorate, there will be free and fair elections in the country,’’ he said.
Some of the participants who spoke to newsmen after the session, expressed satisfaction with the series of training workshops for the staff of the commission.
Dr Anthonia Ekwo and Mr Bassey Effiong expressed optimism that the capacity building workshop would motivate the staff to strive for higher productivity to ensure credible elections.
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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