Business
Customs Deadline: Service Providers Still In Charge At Ports

L-R: Representative of Vice President, Mrs Anastasna Daniel-Nwoba, Chairman, Transition Committee, Bureau of Public Enterprises, Mr Olatunde Ikuerowo, Managing Director, Ibadan Oyesiku and Vice Chairman , Integrated Energy Distribution and Marketing, Mr Olatunde Ayeni, at the hand over of Ibadan Distribution Company to Integrated Energy Distribution and Marketing Company in Ibadan last Friday.
The November 30th
deadline given by the Federal Government for service providers at the nation’s ports to formally handover to the Nigerian Customs Service (NCS) may be unrealistic, as the service providers are still in full charge of providing services.
The Tide’s visit to the SGS operational office in Port Harcourt (one of the service providers) has revealed that the SGS will still be in-charge of the scanning at both Onne and Port Harcourt wharfs as the service provider.
A competent source disclosed to The Tide that there are some personalities in Nigeria that have stakes in SGS, and that there political big wigs are the people that brought the SGS to the contract, and would not allow the contract to be terminated.
One of the officers of the company in an interaction with The Tide in Port Harcourt, said that whatever SGS des in terms of operations and charges is what those that have stake in the company tells them to do.
According to him, “The SGS is an international company, and we are not just here on our own, there are influential people that kept us here and they will protect our interest.
Meanwhile, when The Tide visited the Area One Customs Office in Port Harcourt, it was gathered that the NCS is still looking forward to the November deadline.
The Public Relations Officer of the area command, Mr Samuel Harry, said that officers of the customs have been trained to take over from the service providers, and that a committee from Abuja had just visited the area to ascertain the level of preparedness for take note.
He said that the take over of the service operations from the service provider will depend on the recommendation of the Federal Government’s Committee that went round all customs formations to see the level of readiness.
However, another officer of the customs in the area (name withheld) expressed mixed feelings on the take-over of operations by the customs.
According to him, the issues are being politicized, as those that have stake in the companies still have interest in keeping the service providers in business, and continue to have their own share on the business.
It would be recalled that the Federal Government entered an agreement with service providers like web-fountain in Port Harcourt Port among others to train Customs and handover later to them.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News2 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports2 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics2 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics2 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Maritime2 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
-
Sports2 days agoPalace ready To Sell Guehi For Right Price
-
Sports2 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports2 days agoTottenham Captain Criticises Club’s Hierarchy
