Business
Low Scanning Machines Utilisation Worries Customs
The Nigerian Customs Services (NCS) Area One command, Port Harcourt, has decried the low utilisation of the scanning machines used for cargo clearing at Port Harcourt port.
Recounting the processes involved in cargo clearing, recently in Port Harcourt when the Senate Committee on Finance, headed by the former Kaduna State governor, Ahmed Makarfi, visited the command the Area One Comptroller, D. G. Kaffi said that the scanning machine provided is grossly under-utilized due to non-patronage by importers.
Kuffi maintained that the major issue in the low utilization of the scanning machine is due to the fact that container vessels do not call at the port.
He said that Port Harcourt Port operates on bulk cargo, and that the highest number of trucks that have been scanned at the centre per day is 30, adding that this is relatively low in customs operations as compared to what obtains in other ports, especially Lagos.
The comptroller, however, explained that there are no discrepancies on the reports content and quantity of goods scanned, as the bulk cargo content is homogenous and the scanner captures it accurately.
“Right now, there is dull business operation because we don’t have vessels at the port,” he said.
The Senate Committee on Finance also has Senator Bukola Saraki, Clever Ikisikpo, Aloysius Etuk and Senator Gumba as members, and were at Port Harcourt port to ascertain the level of business operations at the port, as part of their over-sight functions.
Corlins Walter
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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