Business
Tipper Drivers Reject LASG’s Multiple Haulage Charges
The Union of Tipper and Quarry Employers of Nigeria (UTQEN) says it is against plans by the Lagos State Government to introduce multiple haulage charges on their services.
The Acting National Chairman of the union, Mr. Aliu Mayungbe disclosed the position of the union at a media briefing in Lagos last Monday.
He said that the state Ministry of Waterfront Infrastructure Development recently attempted to impose haulage levies on trucks moving sands from dredging sites.
Mayungbe described the plan as unlawful and a disincentive to businesses in the state.
The union chairman said that his members had been paying the said charge to government regularly through the Ministry of Transportation.
He said that attempts by the Ministry of Waterfront Infrastructure Development to use collection agents to collect the charges from truck drivers would amount to multiple charges.
According to him, the union maintains a position of neutrality and refuse to be entangled in the payment dispute between government and the Dredgers Association of Nigeria.
“Officials from the Ministry of Waterfront Infrastructure Development met with our members to solicit support for introduction of haulage fees on our activities.
“The collection process was for truck drivers to obtain N500 from dredgers on each truckload of sand moved from their site and pay to the ministry’s collection agent positioned at the gate of the site.
“We resisted the fees because our activities are not regulated by Ministry of Waterfront and Infrastructure Development, but by Ministry of Transportation.
“Moreso, the dredgers that are been pitched against are members of our union( and every increases in charges by government impacts negatively on our operating costs and reduces job creation opportunities,” he said.
Mr Abimbola Odusanya, the Public Relations Officer of the Lagos State Chapter of the union, said that officials of the ministry threatened to imprison truck drivers who refused to boycott sites of dredgers that did not comply with the payment.
“Obeying such order will hinder our business activities and relationship with dredgers.
“We instructed our members to resist efforts of government officials that tried to collect the payment from them.
“The issue of multiple charges is killing businesses, making Lagos unfriendly to entrepreneurs and a major factor for the increasing cost of doing business in the country,” he said.
Mr Batare Akpomejero, President, Dredgers Association of Nigeria, said that a judgement of Federal High Court had restrained the state from seeking to control commercial activities of dredgers.
“Due to multiple taxation on our activities from federal and state agencies, the court had ruled that the National Inland Waterways Authority (NIWA) and NIMASA were the proper and lawful agencies with authority in matters relating to the commercial activities for dredgers.
“To now have officials of the state government lobbying UTQEN through the pretence of introducing unauthorised charges to collect fees that the court restrained them from obtaining from us is unlawful,” he said.
Akpomejero said that multiple taxation was inimical to business expansion and growth, reduced profit, worsened unemployment rate and discouraged investments in the country.
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.
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