Business
Abia Residents Make Case For PH-Enugu Expressway
Abia State residents
have called on the Federal Government to quickly deploy to site the contractor awarded the rehabilitation of the Enugu – Port Harcourt expressway.
Some of the residents of the state made the plea in Aba and Umuahia in separate interviews with newsmen Thursday.
They explained that this was to reduce the carnage on the road especially on the Aba-Umuahia stretch..
The residents said that unless the reconstruction was done before Christmas, more lives could be lost through accidents on the dual-carriage way which had been reduced to one lane because of failed portions.
A trader in Aba, Mr Chima Onuoha said: “my mind is never at rest when I am travelling through the Enugu – Port Harcourt express way.
“This is because it is now full of potholes and often accidents happen on the Aba – Umuahia stretch as a result of potholes.
“Since January, the road has been in deplorable condition.’’
He noted that President Muhammadu Buhari had in his October 1 speech said that the road had been awarded to a contractor but added “we have not seen any company working on it.”
Onuoha called for immediate deployment of the contractor adding that if nothing was done urgently, the coming months would be hectic and dangerous for commuters preparing for the yuletide.
A business man, Mr Mike Emeka, also said that plying on the wrong lane by motorists struggling to save their time had turned the road into a nightmare for users.
“The government should start work on the road before Christmas to save lives and the time which is usually wasted in long traffic queues.
“If the President said that the road has been awarded to a contractor, he should send monitoring team to know if work is going on or not.
“He should be aware that we are yet to see any company working on the road,” he said.
Another resident, Mr Ikechukwu Akabogu, said he travelled from Aba to Umuahia three times a week but always felt unease because of the rate of accidents on the road.
“One day I was returning to Aba when we witnessed an accident where a Tipper crushed a commercial bus and killed all the passengers because both vehicles were struggling on one lane,’’ he said.
Akabogu expressed regret that the Federal Roads Maintenance Agency (FERMA) saddled with the responsibility of patching failed portions of roads in in the country had not done much in the past four years.
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.
