Business
Bayelsa, JTF Collaborate To Curb Oil Theft
The Bayelsa Government has pledged to collaborate with the Joint Task Force (JTF) to curb crude oil theft and other related vices in the state.
Reports say that this was part of the resolution of the state’s weekly security council meeting in Yenagoa.
Briefing newsmen at the end of the meeting, the Chairman of the task force, Maj,-Gen. Bata Debiro, said the measures were initiated to curb the activities of vandals on waterways in the state.
Debiro said that security operatives would require more gunboats and other logistics to step up their efforts in checking criminal activities on waterways in states in the Niger Delta.
The chairman noted that Gov. Seriake Dickson had commended the efforts of the Nigerian Security and Civil Defence Corps (NSCDC) and other security agencies in tackling the nation’s security challenges.
Debiro also remarked that Dickson had stressed that the delivery of dividends of democracy would suffer setbacks in the absence of adequate security of lives and property.
He said that the flow line from Nembe to Bonny had been shut down for repairs, stating that the State Government had promised to offer assistance to enable security agents carry out patrols on the waterways.
“We had a meeting with the governor to brainstorm and collaborate with other security agencies and the SPDC representatives on the way forward to curb pipeline vandalism, illegal bunkering and oil theft in the Niger Delta.
“We have looked into where we have challenges, most especially logistics, and we will require more gun boats to be able to conduct aggressive patrols on the waterways and the creeks, especially in Nembe, Brass up to Bonny in Rivers State,” Debiro said.
In a related development, Dickson while receiving the Zonal Commandant, Zone G, of the NSCDC, Asst. Commandant-General Joseph Oragande, underscored the importance of law and order in society.
Dickson said that his administration had enacted appropriate legislations to drive its policy of zero tolerance for crime, criminality and violence soon after assumption of office.
Justifying government’s investment in the security sub-sector, Dickson described Bayelsa as one of the safest states in the country where investors could operate in with peace of mind.
Dickson also received officials of the NSCDC, who were in Bayelsa for a sensitisation workshop on the negative impacts of oil theft
Earlier in his remarks, Oragande commended Dickson for his developmental strides and continued partnership with security agencies in the state.
Responding to the NSCDC’s requests, Dickson assured the visiting commandant of his administration’s preparedness to provide an enabling operating environment for the corps within the limits of available resources.
He directed the Chief of Staff, Government House and his Special Adviser on Security to liaise with the corps to enable government provide the most pressing needs for the agency.
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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