Business
Commuters Decry State Of PH-Aba Road
Commuters living around Oyigbo axis of the Port Harcourt-Aba Road in Rivers State have again decried the worsening state of the road.
A cross section of motorists and commuters told The Tide at Oyigbo last Friday, that their businesses and movements were seriously affected due to the nature of the road, especially around the Intels Bus Stop in the area.
Speaking with The Tide, a bus driver Enoch Ndifreke said he slept inside his vehicle Thursday’s night due to what he described as stagnant hold-up as a result of the bad road in the area.
According to him, he was coming from Aba to Port Harcourt before falling victim to the traffic jam from 3.00pm till dawn at same spot.
He said over 15 vehicles, including tankers and trailers blocked the two lanes of the roads due to the pot-holes on the road.
Also, a student, Chisom Bright, said he left school since 2.00p.m., but was grounded in the traffic-jam and that he used to walk from Intel company area to Oyigbo junction at about 9.00 p.m.
He called on federal government to fix the deplorable area of the road, while the construction is ongoing.
A commercial driver, one Blessing appealed to government to help in fixing the road, saying that the state of the road was also affecting the economy of the state.
He said the deplorable condition of the road has made the commuters to increase their transport fair, explaining that transporters could only go one trip in a day because of the traffic jam orchestrated by the bad road in the area.
“We are appealing to government to fix the bad road, because the situation is also affecting the economy of the state and Nigeria at large.
“Imagine, passengers would be paying higher from Aba and Oyigbo to Port Harcourt with their goods, it will make them sell the goods at higher prices to cover the increase in the transport fare”, Blessing expressed.
Enoch Epelle
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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