Business
NDPHC Develops 16 Injection Sub-Stations In N’East
The Niger-Delta Power Holding Company (NDPHC) has constructed and handed over 16 injection distribution sub-stations to Yola DisCo to further boost electricity supply to Nigerians in the North-East zone.
The Managing Director of NDPHC, Mr Chiedu Ugbo, disclosed this in Yola when he visited the Gov. Bindo Jibrilla of Adamawa.
Ugbo, who briefed the governor on the workings and various activities of NDPHC, said the company had also completed nine intervention electricity distribution projects across the region.
The managing director said NDPHC had been involved in developing National Integrated Power Project (NIPP) in generation, transmission and distribution value chain in the country.
He also said NDPHC had also embarked on the development of solar electricity for households, adding that the company had successfully deployed about 20,000 units of solar technology in the first phase of the project.
Ugbo revealed that the completed 16 injection sub-stations, comprising 1×7.5MVA 33/11KV and the intervention projects, had been handed over to Yola DisCo to boost supply of electricity to its customers in the region.
He listed the locations of the projects to include Mubi, Numan, Jabbi, Konar, Girei, Gashua, old power house, SPY, Dumne, Dima and Tinde Laro in Adamawa.
For Yobe, he said that the projects were sited in Potiskum, Damaturu, while Taraba and Gombe had theirs in Wukari, Jalingo , Riyal and Bauchi road.
For Borno and Bauchi states, he said the projects were stationed in Bama, Biu, Gombe road, and Misau road.
He said work was, however, slowed down for security reasons for the injection sub-station in Bama.
Ugbo further listed the intervention projects to include supply and delivery of transformers and distribution materials required for reconstruction and rehabilitation of vandalised power facilities in Maiduguri.
Rehabilitation of Damaturu-Buni-Yadi Gulani 33Kv Line and replacement of damaged transformer in Guijba and Gulani in Yobe and rehabilitation of 26.5Km 33kV injection sub-station with associated 11Kv line networks at Nguru.
According to Ugbo, the company has also extended electricity supply to three communities in Song Local Government of Adamawa.
“For Bauchi, the company intervened by constructing a 33KV LT lines, supplied and installed distribution transformers in eight communities in Tafawa Balewa/Bogoro council areas.
“It also extended electricity supply to four communities in the council areas.”
Ugbo also noted that other generation, transmission and distribution projects had been completed, while some were still under construction across the country, saying that NDPHC did not have any abandoned projects in the country.
He, however, decried the non utilisation of some of the completed distribution infrastructure by some DisCos, adding that the situation was resulting in the deterioration and vandalism of the infrastructure.
“There were projects that were completed before now that were not taken over by the DisCos, but we have gone to them and said to them, we can’t leave these projects idle.
“The projects were being vandalised , some of the parts are being stolen; we need you to start using this project to supply the communities light and they have come to say yes.
“We are approaching the DisCos one by one, saying, these are the projects; accept this project, and we are also carrying out repairs on the vandalised projects and paying for securing the projects.”
Jibrilla, represented by the Deputy Governor, Mr Martins Babale, said it was cheery that Adamawa was part of the board of NDPHC representing the North-East.
He said the state government was committed to infrastructure development in education, health, among other sectors, for the well being of the people.
He, however, said electricity was required to boost the various developmental initiatives of the government hence the need to work with NDPHC to further develop electricity infrastructure in the state and in the region.
He urged NDPHC to develop more power infrastructure in the region, adding that it would partner the company in solar energy development.
The News Agency of Nigerian (NAN) reports that the management of NDPHC had begun the visit to board members in all the six-geo political zones to brief them on activities of the company.
The team had visited the governors representing South-East, North West and North-East on the board of the company with three more regions to visit.
One recurring remark and response from the governors and their representatives in the zones visited was a call for more projects in generation, transmission and distribution in their states and regions.
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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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