Business
AEDC Invests N2bn To Improve Service Delivery
The Management of
Abuja Electricity Distribution Company (AEDC), says it has invested N2 billion to improve its network assets and infrastructure to enhance effective quality service delivery to its customers.
The company’s Head of Client Relationship and Customer Services, Dr Balami Halidu-Arhyel, announced this in an interview with newsmen in Lafia, recently.
He said that the company was doing its best to ensure quality service delivery to its customers and called for their support to achieve its desired quest for constant power supply.
Halidu-Arhyel gave an assurance of improved power generation nationwide, adding that electricity consumers would soon notice further leap in power supply.
He further expressed the company’s readiness to ensure transparent and fair billing system in addition to improved service delivery to consumers.
“In order to ensure improved service delivery, AEDC has invested about N2 billion to improve network assets and infrastructure for the overall development of the country.
“We are doing our best to improve quality service delivery but lack of willingness on the part of some of our customers to pay for electricity; theft of energy and vandalism of equipment are some of the major challenges confronting the company.
“AEDC has established a call centre that is operational 24 hours every day through which customers can now channel their complaints for speedy action by the company.
He also appealed to consumers to regularly pay their electricity bills to avoid disconnecting their sources of supply.
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.
