Business
Nigeria To Enforce Safety Code On Dangerous Goods
The Nigeria Maritime Administration and Safety Agency (NIMASA) says the country was set to implement safety code on dangerous goods to enhance safety in the nation’s marine environment.
NIMASA’s Director of Operations, Mr Rotimi Fashakin said this last Friday during a technical session for port users on the Implementation of International Maritime Dangerous Goods (IMDG) Code organised by NIMASA in Lagos.
He said that the indiscriminate dumping of dangerous goods in the marine environment had been a growing concern and a threat to human health and the environment.
He said that the IMDG code was a convention under the auspices of the International Maritime Organisation (IMO) to which Nigeria is a signatory.
He recalled the negative effect that the dumping into Koko Port in Delta in 1988 of 18,000 barrels of hazardous waste from Italy and recent similar cases had caused the area.
He said that there was the need to pay special attention to the negative effects that dumping of dangerous goods in the environments could cause the residents.
”The special requirements in the transportation of IMDG is to eliminate or minimise the risk of injury to people.
“Over the years, the maritime sector in many countries had taken measures to regulate the transportation of dangerous drugs through identification, labelling and stowage of such goods,” Fashakin said.
He said that the measure for international regulation on transporting dangerous goods was ratified by the 1929 International Conference on Safety of Life at Sea and adopted in the 1948 Conference.
He added that the usefulness of most IMDG , especially, to industries had made them inalienable from man hence the desire for them.
“This session is, therefore, part of Nigeria’s readiness to effectively perform its statutory responsibilities of implementing the IMDG Code on transporting dangerous goods in order to guarantee the health of its citizens,” he said.
Also, NIMASA’s Head of Marine Environment Management Department, Dr Felicia Mogo, who facilitated the session said that the code was meant to enhance the safe carriage of dangerous goods.
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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