Business
‘Abuja Airport Can Be Fixed Without Closure, But…’
The Managing Director, Julius Berger, Mr Wolfgang Goetsch, has said that the runway at the Nnamdi Azikiwe International Airport, Abuja, could be fixed without closing down the airport.
However, the company said the work would take more than two years.
Goetsch made this known in his submission before the Senate on Tuesday at plenary.
According to him, the runway can be repaired without closing the airport, but is dependent on the scale of the repair.
He said that if there were only spot damages, then it could be repaired in a localised way.
“It can be shut down in the night. The spot can be repaired in the morning and temporarily given back for usage.
“But the state of the runway in Abuja, extent of damage and deterioration, the whole runway from one end to the other end is damaged.
“This means that if the method of spot repair is loose, you start from one side of the runway, lock it in the night and in the morning to open it up for traffic.”
According to him, this means that the spot repair will take two and half years to keep the runway stable.
“There is absolutely no option than to close the runway for these six weeks because it is not a repair work. It is a new construction of the whole surface of the building.”
Goetsch said that the runway had to be monolithic needing interlocked layers to guarantee a life span of 10 years.
He said that it was in the interest of all stakeholders to ensure that the work on the runway was carried out as quickly as possible.
“On our end, we guarantee that within the six weeks, the repair work is done. This is subject to the fulfilment of the obligation of all stakeholders,” he said.
“Under the leadership of the Minister of State for Aviation, all stakeholders are on board.
“Everything is going on very smoothly according to plan and there is no doubt that the obligation of all stakeholders is fulfilled.”
Also speaking, the Nigerian Society of Engineers said that it was possible to conduct the reconstruction of the runway without closing the airport.
“The society insists that it should be reconstructed immediately.”
President of the society, Mr Otis Anyaeji, noted that closing the airport was like shutting down the country.
According to him, absence of a second runway at the Nnamdi Azikiwe International Airport, Abuja, meant lack of excess runway capacity to temporarily close down the only runway for repair.
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.
