Business
‘Use Security Designs To Protect Infrastructure’
A security expert, retired Col. Godwin Sunmola, has advised local engineers to evolve designs to protect the nation’s infrastructure from damage, as well as improve the safety of Nigerians.
Sunmola, who is the Head of Security Services, First Bank Nig. Ltd., made the call at a public lecture organised by the Lagos Branch of the Nigerian Institution of Mechanical Engineers (NIMechE).
NIMeche is an arm of the Nigerian Society of Engineers (NSE).
The public lecture was entitled: “Physical Security Measures: Engineering as a Force Multiplier’’.
According to Sunmola, engineers have a major role to play in protecting the nation’s critical infrastructure.
“The purpose of critical infrastructure protection is to build capabilities and competencies to strengthen physical and information technology facilities, networks, services and assets,’’ he said.
He said that, terrorism and other forms of violence usually put the nation’s infrastructure and individual assets at risk.
“Engineers can protect these facilities through appropriate security designs,’’ Sunmola, a member of NIMechE and a fellow of the NSE, said.
He urged that the engineer must, at the design stage, take cognisance of the requirements to deter, detect, deny, delay and defend.
“These are the five-Ds of physical security measures.
“It is our job to design, build and maintain security infrastructure.
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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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