Business
NSCDC Steps Up Surveillance Around Oil Installations
The Nigeria Security and
Civil Defence Corps (NSCDC) has said it was stepping up surveillance around oil pipelines in the country to curb activities of vandals.
Mr Emmanuel Okeh, NSCDC Public Relations Officer (PRO), said this during an interview with the newsmen in Abuja, on Monday.
Okeh, who decried the spate of pipeline vandalism in the country, said that the ugly trend was sabotaging the nation’s economy.
“Protection of national asset is one of the primary functions of the Corp; that is why we have stepped up surveillance around the pipelines and other critical infrastructure in the country,’’ he said.
He said the agency was also building a more robust synergy with other security agencies and evolving the use of sophisticated technology surveillance on all pipeline routes across the country.
He said that increased surveillance and partnership with the host communities, especially in the Niger Delta, had led to more arrests of the miscreants who indulged in the act.
The PRO said there was need for more training and development which he said would enable the corps to check the activities of the vandals.
He said the corps had mapped out new strategies and acquired modern ICT facilities that had been deployed to strategic locations where critical national assets were constantly threatened.
He called on Nigerians, especially communities with pipeline routes, to cooperate with security agencies to tackle the challenge of pipeline vandalism.
“We call on Nigerians, especially the host communities, to monitor and volunteer information to security agencies on the activities of these vandals so that we can collectively defeat them,’’ he said.
Okeh expressed optimism that the strategy would go a long way in curbing the activities of vandals and ensure better protection of the pipelines.
On the recent vandalisation of some pipelines at Ikorodu in Lagos, the PRO said that he did not have details of the incident. He, however, said officials of the NSCDC and other security agencies were on ground to maintain law and order.
Armed vandals had on Sunday attacked pipelines along the Abulewa community in Ikorodu area of Lagos leading to explosions at the site.
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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