Business
TIMARIV Wants Govt To Declare State Of Emergency On Authority

L-R: Executive Director, Refocusing Nigerians Talents Organisation, Mr Abanka Musa; Mrs Olowu Esther; members, Refocusing Nigerians Talents Organisation, Dr Ayotunde Kehnde and retired Col. Henry Ikoghode, presenting Books and Magazines on Strategic Advocacy and Promotions of Indigenous Inventors/Innovations for Wealth/Job Creation in Nigeria in Abuja recently.
The Rivers State Road Traffic Management Authority (TIMARIV) has called on the Governor of the state, His Excellency Nyesom Ezenwo Wike to declare a state of emergency on the agency.
The call was contained in a communiqué signed by the Branch Chairman, Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees (AUPCTRE), TIMARIV Chapter, Rivers State, Comrade Igenewari Ketuphel and the Secretary, Comrade Wokocha Kelechi and issued at the end of an emergency general meeting held at their head office, Moscow road, Port Harcourt on Monday.
The communiqué stated that the Rivers State Government should carry out a comprehensive and independent audit to x-ray the act of rascality and impunity by the management of the authority which led to the owing of over five months backlog of staff salaries, and the gross mismanagement of the outfit, as the assets and funds of the agency were diverted to private pockets.
According to the communiqué, government should direct the management of TIMARIV to release the salaries of their union executives that have been unlawfully withheld since October 2014, adding that relevant security agencies should as a matter of urgency investigate the continued threat to lives of their members and subsequent killing of one of their frontline unionists.
It appealed that members of the union are facing untold hardship and also appealed that the over five months backlog of salaries owed members be paid as well as restructure the system, especially the current management as they lacked administrative prowess.
It appealed to the governor to also look at the demands of TIMARIV workers to integrate and regularise the salaries of their officers into the central payroll system of the Rivers State government as being practiced by other states that have functional traffic management agencies.
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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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