Business
Sensitisation, Solution To Tax Evasion – Chairman
The Executive
Chairman of Rivers State Internal Revenue Service (RIRS), Mrs Onene Osila Obele-Oshoko has described sensitization as a major step in curbing tax evasion by the citizens of the state.
Obele-Oshoko said this in an interview with newsmen during the sensitization/road show programme organized by RIRS in Port Harcourt.
The Chairman who led the road match noted that the service had to embark on the compaign to raise the level of tax compliance in the state, adding that citizens are bound by law to pay tax to enable government embark of developmental projects.
“People are complying with the payment of tax in Rivers State but there are still those who are not paying. Government need the tax to carry out projects for the benefit of the citizens because your tax is your power”, she said.
In his contribution, the Director Ministries, Department and Agencies of Government (MDA), Mr. Austin Ntor-ue noted that tax payment was the only way government would be supported in working for the people.
Ntor-ue called on the citizens of the state to see tax payment as a necessity, adding that the visible transformational projects in Port Harcourt are good examples of tax payers money.
A staff of the Ministry of health, Mr. Brownson Wikor who received fliers from the sensitization team, noted that tax payment are necessities, stating that “if all the citizens pay tax, government would not be dependent on oil generated revenues”.
A student who pleaded anonymity said that tax payment is good but expressed concerned over the concentration of projects in the urban areas, adding that nothing is happening in the villages.
She called on government to also remember the rural areas in their development strides.
RIRS staff matched from forces Avenue, to Trans-Amadi through Aba Road for where the moved to Eastern-by-pass.
Kingsely Nna
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.
