Business
Buhari’s Lagos Visit: Travellers, Commuters Groan Over Restriction Of Movement
Some travellers and commuters were yesterday, forced to walk long distances to the Murtala Muhammed Airport, Lagos to catch their flights, following restriction of movement around the airport vicinity by security operatives.
Our correspondent reports that the movement restriction around the airport is due to the visit of President Muhammadu Buhari to Lagos.
The president is expected to inaugurate the newly constructed Ikeja Bus Terminus among other engagements.
Our correspondent reports that as early as 5 a.m, commercial buses and other unauthorised vehicles were restricted from plying the Agege Motor Road, Airport Road, Mobolaji Bank-Anthony Way and other link roads.
Activities of shuttle buses and taxis within the airport were also restricted, forcing commuters and travelers going to the airport, to walk long distances to their destinations.
Our correspodnent observes that the situation had also affected flight operations by domestic airlines, which had to delay their 7 a.m flights for about an hour to enable stranded passengers catch up with fights.
Air Peace, in a statement posted on its Facebook page empathised with its guests over the situation.
“We empathise with our esteemed guests who are having a challenge accessing the airport to catch their flights due to the diversion of traffic at various points In Lagos.
“This is currently affecting flights out of our base in Lagos despite the availability and readiness of our crew to operate their flights.
“We urge our valued guests to remain calm, while we monitor the development and take steps to minimise the impact of the resulting flight disruptions,’’ the airline said.
Similarly, Arik Air, in continuous public announcements, appealed to passengers already checked in on its 8 a.m Lagos-Port Harcourt flight to exercise patience with other passengers yet to arrive due to the movement restriction.
However, Henrietta Yakubu, the General Manager, Corporate Affairs, Federal Airports Authority of Nigeria (FAAN), explained that the restriction on commercial vehicles was to allow smooth movement during the president’s visit.
An aviation expert and a member of the Aviation Round Table, Retired Capt. John Ojikutu , faulted the early closure of the access way to the airport which caused discomfort to travelers.
“Knowing that most flights outbound Lagos are between 7 a.m/7.30 a.m, the closure of the airport that is built within urban developed area like MMA should not have come before 7.30 a.m.
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.
