Business
GPHCDA Warns Against Building Without Approval
The Greater Port Harcourt City Development Authority (GPHCDA) has called on land developers and the general public to get clearance from the authority before embarking on any development.
Sole Administrator of GPHCDA, Amb. Desmond Akawor, who made the call while speaking to aviation correspondents at the Port Harcourt International Airport, Omagwa last Thursday also urged the public to obey the instruction given by the authority, to leave 150 meter from both sides of the Tam David-West Road.
He said that government has undertaken to build that road with street lights to make the area to be well planned as well as make it a signature area in Port Harcourt in terms of development.
According to him, the essence of leaving 150 meters both sides of the road is for special development within that axis.
“Government may have in plan that any structure that will be built within that 150 meters at both sides from the road must be a four story buildings, that is a development plan.
“Not a situation where somebody will just go there are build face me and I face you or anything. That will not be acceptable.
“That is why we have been doing a lot of publicity to tell people to leave that 150 meters from both sides of the Tam David-West-Obiri Ikwerre-Airport road, and some people are obeying.
“Do not buy land without clearing from the Authority. Come and clear from the development control unit and they chart the your plan to see that it does not fall within the pipeline or drainage.
“Once that is cleared, we will give a “No objection certificate and you will go and build. But when it falls or anyone build without clearance from the authority, we will relocate the structure for you, and you know what that means”, Akawor said.
The GPHCDA boss also said that his officers are always there and that demolition is going on, and that some structures have been marked for demolition.
Akawor, therefore, urged the public to always come to the GPHCDA office to get clearance as well as know the master plan of government, before they embark on any development.
Corlins Walter
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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