Business
Tanker Drivers Seek RSG, NDDC’s Collaboration
The National Union of Petroleum and Natural Gas Workers Petroleum Tankers Drivers, (NUPENG, (PTD) sective has called for collaboration efforts between the Rivers State Government and the Niger Delta Development Commission (NDDC) on the rehabilitation of the East West Road, Refinery Junction to Eleme Junction section.
In an interview with The Tide in Port Harcourt on Monday, the immediate past chairman of the union, Comrade Timothy Ogbu, said such collaborative efforts would facilitate the early completion of the road rehabilitation.
Ogbu said members of the union have suffered on the road for long hours due to the poor state of the road particularly from the refinery junction Alesa-Eleme to Eleme junction.
He explained that the NDDC cannot do it alone without the direct supervision of the Rivers State Government engineers to ascertain the quality of materials being used by the contractors on the road rehabilitation.
The former labour leader urged the contractor to expedite action on the road rehabilitation, having mobilized to the site over two months ago and yet the level of work is still at the surface level.
He challenged the contractor to exhibit the professional expertise in handling the road reconstruction and rehabilitation for durability and worthiness.
He said NDDC supervisors need to engage the services of the engineers from the state ministry of works for effective service delivery by the stipulated period as agreed in the award of the contract between the parties.
Meanwhile, The Tide investigation has revealed that the section of the road rehabilitation was awarded by the NDDC to Wester Group of Companies despite the efforts of the state government to fast track the rehabilitation of the road.
However, many motorists who spoke to The Tide have lamented the slow pace of the road rehabilitation by the contractor, Western Group of Companies.
Mr Chukwuma Ozike urged the contractor to complete the road on time as motorists and passengers are suffering on the road.
Mr Godfred Barisana called on the contractors to do a good quality job on the road, stressing that no concrete good work has been done on the road so far by the contractor. It urged the contractor to consider the long suffering of the people on the road and expedite action for early completion.
Philip Okparaji
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.
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