Business
MWUN Wants Rehabilitation Of Rivers Marine Transport Corporation
The Chairman, Maritime
Workers Union of Nigeria (MWUN), Rivers State, Comrade Jonah Jumbo, has advocated for the rehabilitation of the moribund Rivers State Marine Transport Corporation at Marine Base, Port Harcourt.
Jumbo made the call last Monday, in an interview with The Tide in Port Harcourt on the way forward for the maritime sector.
According to him, facilities at the State’s Marine Corporation at Marine Base are being under utilized and allowed to rust and waste, while one of the premises has been taken over by the Vehicle Inspection Officers (VIO), the Rivers State Road Traffic Management Authority (TIMARIV) and other road transport touts as their parking space for impounded vehicles.
He said time had come for the present government under Governor Nyesom Wike to rehabilitate the sector to generate revenue, help provide employment opportunities for the teeming youths in the state as well as give marine transportation a boost.
The union boss noted that there were many potentials in the marine sector that are wasting away, especially seafarers who after their trainings and certification go into the streets in search of marine jobs.
According to him, with the rehabilitation of the marine transport sector, Marine operators would have a sense of belonging and enjoy the much needed dividends of democracy in the state, stressing that the premises as well as the fleet of boats and River craft including the marine mobile clinic boats, have been abandoned for years.
He said the State Ministry of Transport should without further delay rehabilitate the areas and put all the facilities into use as to assist the people of the riverine communities who as tax payers have been deprived of such government facilities.
He reiterated that government should invest more money into the sector to give the people of Rivers State and indeed the seafarers opportunities to earn a living as well as reduce crime rate and other criminal activities on the waterways.
Collins Barasimeye & Mercy Ikiensikimama
Business
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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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