Business
RSG Wants Wrecks On Waterways Removed

L-R: Secretary to Nasarawa State Government, Mrs Zainab Ahmed, Director, Consumer Affairs Bureau, Nigerian Communications Commission (NCC), Mrs Maryam Bayi and Deputy Vice Chancellor, Academics, Kaduna State University, Dr Ahmad Babajo, at the 71st NCC Consumer Outreach Programme in Kaduna, yesterday.
The Rivers State Government has given a 14-day ultimatum to owners of wrecked ships and boats littered within its waterways to remove them or face the wrath of government.
This was contained in a statement by the chairman, Rivers State Ministry of Environment’s Taskforce on Removal of scrap metals and wreckages on roads and waterways, Chief Solomon Chukwu, and made available to The Tide in Port Harcourt on Monday.
According to the statement, the Taskforce in Rivers State Ministry of Environment was constrained in carrying out its mandate, and therefore called on owners of disused or abandoned wreckages of ships and boats including vehicles, trucks, trailers, construction equipment and scrapped metals littered on the waterways and roads to remove them as anyone towed away by the government would be at the expenses of the owners.
It stated that even those in public or private premises within the jurisdiction of the agency were also affected by the order, stressing that owners of scrap metals already towed to the government approved dumps are still called upon to retrieve them if they are found still useful to remove them within the 14 days, as anything short of that would be scrapped by the taskforce.
“All affected persons including companies operating in the state are hereby notified,” the statement further stated.
Collins Barasimeye
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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