Business
RIWAMA To Sanction Erring Contractors
The Sole Administrator,
Rivers State Waste Management Agency (RIWAMA), Bro Felix Obuah, has said that hardtimes await waste contractors who fail to carry out their responsibilities.
He said the agency was not prepared to renege on its promise and decisions to keep Port Harcourt and its environs clean, hence, the determination to sanction any erring contractor.
In a statement signed by his Media Aide, Jerry Needam and made available to the press last week in Port Harcourt , Obuah. Noted that the waste contractors ought to do their duties, saying that the state has shown much commitment towards keeping part of its promise.
According to him, RIWAMA is not prepared to work with unwilling contractors, that those who are already in should show regard towards their jobs.
He maintained that his administration in RIWAMA has zero tolerance for clean environment and would ensure that it was properly executed.
Though, the statement was not specific as to the nature of the sanction, Obuah teased that any contractor found wanting would not go scot-free with the agency.
The Tide learnt that the agency has taken a new dimension since Obuah took over the mantle of its leadership.
It was further gathered that the agency has saved a lot of resources for the state government by what pundits described as prudent management of resources under Bro Felix Obuah leadership.
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.
Business
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