Business
Ex-Security Chief Proffers Solution To Pipeline Vandalism

Commercial motorcyclists queuing to purchase petrol at a filling station in Madalla, as scarcity of the commodity continues in Niger, recently.
The former Chairman,
Delta State Waterways Security, Chief Ayirimi Emami, says it is only when necessary measures are put in place to make life easier for people living in the riverine oil-producing communities that the Federal Government’s war against pipelines vandalism and other oil and gas related crimes would record expected success.
Ayirimi disclosed this Saturday while speaking with journalists in Warri, the Delta State capital.
He said a situation where the communities continue to live under uncomfortable situation with high level of youth unemployment, the fight against vandalism of oil and gas infrastructure would continue to have challenges.
According to him, “far from applying force-of arms to shut out the vandals the whole idea is to ensure that the oil and gas being taken from the region make meaning in the lives of the host communities.
“The gas Nigeria produces supplies electricity to several parts of the country, but the communities from where it is being extracted don’t have electricity to use. The crude oil from the land is refined into fuel but there are no fuel distribution outlets to serve riverine communities; so they perpetually buy from black marketers”, he said.
He noted that the problem about fuel scarcity was because of recent irregularity in importation and regretted that year in year out, coastal communities in the Niger Delta region never get fuel at the normal pump price.
Ayirimi disclosed further that his campaign which he intends to unfold soon, aims at ensuring adequate provision of infrastructure and opportunities in the oil-producing environment, adding that putting desired infrastructure in place would give the host communities a sense of belonging.
He maintained that vandalism would end if comfortable environment and job opportunities were provided to the youths.
Chris Oluoh
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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