Business
A’Ibom Groups Seek Completion Of State’s Tenure In NDDC
Ibibo Community in Akwa Ibom State has urged President Muhammadu Buhari, to appoint an indigene of the state as substantive Managing Director of the Niger Delta Development Commission (NDDC).
A group of concerned indigenes of the area argues that the erstwhile Managing Director of the Commission, B arr Dan-Abia, spent only two years from his tenure before he was sacked.
The leadership of Ibibio socio-cultural group, Mboho Mkparawa Ibibio noted that the Act, which set up the NDDC stipulated that every appointed leadership of the commission will hold office for a tenure of four years, which could be renewed, if necessary.
In an appeal, to President Buhari, the International President of the growth, Mr Monday Etokakpan, and the Secretary Mr James Edet, noted that while the president holds the authority to appoint any individual to manage government MDAs, indigenes from the oil-producing states which include Abia, Akwa Ibom, Bayelsa, Delta, Edo, Imo, Ondo, and Rivers were legally recognized as being board members to pilot affairs of NDDC.
We hasten to state here that we are not particular about the person of Barr Bassey Dan-Abia, as we may never know the reasons behind his replacement before completing the four year term for Akwa Ibom state but we however insist that his replacement should have been an indigene of Akwa Ibom state to allow the state run its fair and due tenure of four years in keeping with the extant law guiding the establishment and operations of the NDDC which had not been amended.
“Akwa Ibom has only utilized two years out of her four years as Barr Dan-Abia was appointed and sworn in December 2013. He was relieved of this appointment in December 21, 2015 and replaced by someone from Rivers State.”
Anything short of the above would leave Akwa Ibom State and people with the short end of the stick in a clear violation of the establishing Act in a democratic dispensation.”
The group emphasized the need for the president to permit indigenes of the state to complete the outstanding two year tenure as it is the due process stands.
“While Mboho Mkparawa Ibibio has no qualms whatsoever with President Muhammadu Buhari exercising his prerogative in effecting changes in strategic Ministries, Agencies, Departments, Commissions, and Parastatals as he deems fit in his government, we however have to bring it to the attention of the president that the provisions of schedule 3(1) – tenure of office in the NDDC Establishment Act 2000,” he added.
Chris Oluoh

L-R: Lagos State Commissioner for Local Government, Chieftaincy and Community Affairs, Mr Muslim Folami, Commissioner for Environment, Dr Babatunde Adejare, Commissioner for Information and Strategy, Mr Steve Ayorinde and Commissioner for Physical Planning, Mr Wasiu Anifowose, during a news conference on the demolition of Owonifari Market, Oshodi by Lagos State Government in Lagos recently.
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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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