Business
Fuel Scarcity PH Lament Hardship
Residents of Port
Harcourt City, the Rivers State capital, have cried out over the untold hardships they suffer as a result of the current fuel scarcity experienced across the nation.
Some of the respondents lamented the high costs of transportation, food and other goods and services due to high costs of transportation, “and we have to contend with heavy traffic,” says, Mr Fubara, a director in the state civil service.
Fubara continued,” each time this NNPC Mega Filling Station is selling fuel, one whole lane of Lagos Bus Stop and part of Aggrey Road would be blocked sometimes we spend upwards of two hours just to go from this station Road Roundabout to Aggrey Road. Why must the filling station block the road because they are selling fuel?
Another respondent who simply gave his name as Dr Goodhead, lamented that he on his way to attend to his call duties, but could not easily get out of the traffic, “I can’t understand the reason why NNOC could not control their customers and make them stay on one side of the road, are we going to suffer non-availability of fuel and traffic jams too,?
“The traffic jam is experienced not only here, but everywhere fuel is being sold at the filling station, to motorists tend to jump queues or the station attendants try to make way for their friends or relations to come in front to buy fuel and others join them and create a chaos on the road”, says, Mrs Beli-Gam, a lecturer at the Rivers State College of Arts and Sciences.
Also responding, Dr Eberiene, a senior lecturer at the Rivers State University of Science of Technology lamental the situation and called on the filling station managements to swing who action and call their station attendants and their customers to be orderly and not throw residents of the city into more hardships than the are already faced with the scarcity of fuel.
One of the filling station attendents, Florence Eteng, who spoke in her own right stated that the crowed at the filling station was huge, “because we sell at official pump price while others sell at exorbitant prices.’
Attempts to reach the manager of the NNPC Mega Filling Station failed as more of the pump attendants was wiling to disclose the identity of the manager.
Tonye Nria-Dappa
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.
