Business
NPA, Ship Owners ToPartner On Maritime
The Managing Director of the Nigerian Ports Authority (NPA), Malam Habib Abdullahi, says the organisation will partner with major stakeholders, including the Nigerian Indigenous Ship owners Association (NISA), to develop the maritime sector.
This is contained in a statement made available to newsmen on Monday in Lagos by the Assistant General Manager, Public Affairs of NPA, Mr Musa Iliya.
Abdullahi, according to the statement, made the pledge while receiving new executive members of NISA, who paid him a courtesy visit in his office.
He said that all the stakeholders needed to work for the overall growth of the nation’s maritime sector.
The managing director said that the NPA held the association (NISA) in high esteem as a major stakeholder in the industry.
He said that the views of ship owners on issues concerning maritime administration could not be ignored.
Abdullahi urged the ship owners to make their relevance and importance felt in the scheme of things.
He said that though it was the responsibility of the Nigerian Maritime Administration and Safety Agency (NIMASA) to implement the Cabotage Act, the NPA would continue to give support and work for its success.
According to him, the gains of the Act will be mutually beneficial to all stakeholders.
The managing director urged indigenous ship owners to patronise the Continental Shipyard Limited (CSL) – an NPA Joint Venture Company – for the repair of their ships.
He said that he was ready to partner with NISA in constituting a joint committee to look into areas of mutual interest.
The President of NISA, Capt. Olaniyi Labinjo, told the managing director that the new executives decided to visit him because they recognised the organisation as a very important government agency in maritime affairs.
Labinjo said that as stakeholders, there was a need for healthy relationship between NISA and NPA so that both could collaborate and synergise to attain international standards.
in the shipping industry.
The NISA president said that such collaboration was urgently needed in view of the dwindling revenue from oil and gas due to the falling prices of oil in the world market.
Labinjo said there was the urgent need to position the maritime sector as an alternative to oil and gas in revenue generation.
He thanked the managing director for his support to NISA over the years and sought more active involvement of NPA in Nigerian Maritime Expo (NIMAREX) activities.

L-R: Commissioner for Commerce and Industry, Rivers State Hon. Chuma C. Chinye, President, PHCCIMA, Engr. Emeka Unachukwu, Chairman, South East, and South Chamber of Commerce forum, Honourary Life President, PHCCIMA, Elder (Dr.) Hyke E. Ochia with Chief Nabil Saleh, at the public presentation of the Yellow Pages Directory, organised by Ministry of Commerce and Industry at Atlantic Hall, Hotel Presidential, Port Harcourt recently. Photo: Egberi A. Sampson
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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