Business
NIMASA Tasks Border Communities On Human Capacity Dev
Border communities in the riverine areas have been urged to key into the human capacity development programmes of the Nigerian Maritime Administration and Safety Agency (NIMASA) as a way of partnering with the federal government.
The co-ordinator of the Eastern Zone, of NIMASA, Mr. Anthony Ogadi, made the call in a paper, “Promoting Maritime Security and Economic Activities in the Nigerian Waters: The Role of Border Communities in the Riverine Areas,” presented at a one-day sensitisation workshop organised by the Ministry of Foreign Affairs at the Conference Hall, Ijaw House, Yenagoa, Bayelsa State last Thursday.
Mr. Ogadi said border communities in the riverine areas should set up maritime marshals that would assist in intelligence gathering on security issues, act as link to government agencies within their dormain, propagate grassroots programmes and projects on security awareness and human capacity development as well as form virtual seafarers pool for NIMASA.
According to him, “with these bridging initiatives by NIMASA and the participation of local communities over time, to key into government programmes, the anticipated synergy and trust would have been developed which would in turn diffuse the current state of insecurity and positively impact the socio-economic development of the communities”.
He disclosed that Nigerian Seafarers Development Programme (NSDP), founded in 2008 in collaboration with some states was in line with the International Maritime Organisation (IMO).
The NIMASA Zonal co-ordinator further stated that the projection of NSDP had been to create 250,000 jobs in the seafarers profession by 2025, with a target of training 5,000 Nigerians in the next 10 years as seafarers to graduate as maritime engineers, nautical scientists and naval architects.
Ogadi hinted that 800 cadets are being trained under the federal and state governments in partnership with maritime institutions in Singapore, Malasia, United Kingdom, Turkey, Philippines and India.
He said 1,500 seafarers, which included 1,300 cadets and 200 ratings are being trained under the full NIMASA sponsorship scheme, adding that the role of NIMASA includes promotion of the development of indigenous commercial shipping in international and coastal shipping trade, regulate and promote maritime safety, security, marine pollution and maritime labour.
He however noted some consequent socio-economic problems which according to him include emergence of sophisticated crime such as kidnapping, piracy, sea robbery, pipeline vandalism, militant agitation, youth restiveness among others.
Business
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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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