Business
Commissioner Explains Traffic Jam On PH Roads
The Rivers State Commissioner for Transport Hon. Michael Ibinabo West, has blamed impatience and outright disobedience of traffic rules by motorists for the rising traffic jam in some areas in Port Harcourt City and its environs.
West made this known in an interview with The Tide when commenting on the rising traffic jam at Garrison Junction in Port Harcourt.
He called on the Federal Road Safety Corps (FRSC) in the state to do the needful in cautioning motorists in the state.
West attributed some of the traffic jam and auto crashes to the reckless driving and disobedience of traffic rules in the state.
He said the state government under the present administration of Governor Nyesome Wike has done all the needful developments on road construction and maintenance, and that road in Rivers State are supposed to have free-flow of traffic at every point.
The commissioner further tasked FRSC to intensify effort in implementing safety and traffic rules on the road.
On Oyigbo road, the commissioner also blamed the Federal Government for lack of political will to embark upon federal road projects in the state.
According to him, the Port Harcourt-Oyigbo road is a federal road, and on several occasion, the road always maintained by the state government without any remittance.
He said the only alternative road to save the worst condition of the federal road was the old Aba Road recently constructed by the state government as an access road to Oyigbo and Aba axis.
Enoch Epelle
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports1 day agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports1 day agoAFCON: Lookman gives Nigeria third place
-
Sports1 day agoFulham Manager Eager To Receive Iwobi, Others
-
Niger Delta1 day agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
-
Sports1 day ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Editorial1 day agoBeyond Accessing Bonny By Road
-
News2 days agoSERAP Sues Govs, FCT Minister Over Security Vote Spending
-
Sports1 day agoMan of The Match award Excites Nwabali
