Business
Agency, Firm Partner On Holding Bay
The Partner Government
Agencies and Stakeholders Forum (PGASEF) is partnering with Creek and See Truck Park to build a holding bay for 1,000 trucks to ease traffic between Mile 2 and Tin-Can/Apapa Ports access roads.
The Customs Area Comptroller (CAC), Kirikiri Lighter Terminal, Comptroller Benjamin Aber, made the disclosure in Lagos, recently when members of PGASF being championed by him led journalists to the uncompleted site for the truck bay.
Aber said that PGASF had been able to identify two locations as parking bay to decongest all the corridors leading to the ports on temporary and permanent basis for all trucks operating within the port environment.
Our correspondent reports that the permanent truck holding bay would be established along Mile 2 axis but currently awaiting ministerial intervention and directives.
“If we take 1,000 trucks off the port access roads, it will ease the road for the users as well as the truck drivers.
“There are rest rooms for both the truck drivers and tanker drivers,’’ Aber said.
He said with the temporary truck holding bay, there would be free entrance for people working around the Kirikiri Lighter Terminal area to have free access into their offices.
Aber said that a number of times, many people working around the Kirikiri area had been trekking several miles and parked their cars far away from their offices as a result of indiscriminate parking by the truck drivers.
“The main objective of the PGASF is to deliberate on security issues and challenges bothering on the implications of the traffic gridlock.
“The gridlock are around the access roads to Apapa port, Tin-Can Island port, Petroleum Tank Farms and Kirikiri Lighter Terminal.
“Our aim is to also proffer practicable solutions to resolve the challenges affecting the above mentioned areas permanently and attainment of free access roads along Mile 2 to Apapa corridors, ‘’ Aber said.
He stressed the need for the PGASF to achieve necessary synergy for coordinating timely information-sharing in a manner that would assist both the security agencies and stakeholders to tackle issues affecting them.
The Customs boss and members of the PGASF had been having constant weekly meeting since February in ensuring that they come up with conducive working environment for all port users and assist the government in generating more revenue.
Aber said that the benefits of decongesting the ports’ access roads were enormous, adding that it would increase economic activities within the corridors and increase revenue collection by all government agencies.
He said that decongestion of the roads would stop loss of lives and anxieties of the trading public and would also prevent fire outbreak due to convergence of tankers, trucks and environmental degradation.
Also speaking, the Chief Executive Officer of Creeks and See Truck Park, Mr Meyiwa Ogbebor, said that the truck holding bay would accommodate 1,000 trucks on daily basis.
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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