Business
Stakeholders Express Shock Over Demuren’s Sack
Aviation stakeholders yesterday in Abuja expressed shock on the removal of Dr Harold Demuren as Director-General of the Nigerian Civil Aviation Authority (NCAA).
President Goodluck Jonathan had on Monday through the office of the Secretary to the Government of the Federation (SGF) approved the removal of Demuren from office.
The Special Adviser to the Minister of Aviation, Mr Joe Obi, told newsmen that the action was sudden.
“The sack was not from us, we got to know through the letter from the SGF and we are still waiting for the announcement of the new person through the same medium,’’ Obi said.
Reacting, Comrade the Head of Medium Term Sector Strategies, an aviation union, Saidu Abdulrasaq, described Demuren’s removal as untimely.
Abdulrasaq said that the Federal Government did not give any satisfactory reason to warrant the sack, adding that he was not satisfied with the way Demuren was removed.
“The government did not show any reason to warrant his sack, not that he was indicted by the National Assembly over the report of the DANA plane crash or any other indictment.
“Although, the reason is between the Presidency and National Assembly, maybe to settle rifts because I do not see anything that could relate Demuren to causing confusion in the sector.
“He is an aeronautical professional but the reason for his sack has not been properly communicated, but I believe it is based on political decision,’’ Abdulrasaq said.
According to him, Demuren abided by the standards of the International Civil Aviation Organisation (ICAO) in discharging his duty.
The Manager of the Abuja office of Arik Airline, Mr Muhammad Abani, said that the government would have still given the former NCAA boss more time to utilise his wealth of knowledge to improve the aviation sector.
“To me, he is a professional, for quite a long time he has contributed tremendously to the growth of the sector. I don’t think someone like that should be easily disengaged.
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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