Business
Ogoni Clean-Up: HYPREP Opens Bids For 36 Lots
The Hydrocarbon Pollution Remediation Project (HYPREP), has opened and concluded contract bids for 36 additional lots in the Phase one, Batch 2 of the ongoing clean-up of impacted sites in Ogoniland in Rivers State with over 100 companies participating in the bidding process.
Declaring the bidding process open in Port Harcourt recently, the Project Coordinator of HYPREP, Dr. Marvin Dekil said the process was going to throw up seven specialised companies to handle more complex sites in the clean-up exercise which would eventually deploy more complex options in cleaning up the sites.
According to him, the companies which come out successful at the end of the exercise would further participate in commercial bidding for the final evaluation of their capacity for the clean-up project.
Dekil while urging the companies which participated in the technical bids to follow laid down processes and cooperate with the procurement team, assured that only the best companies would emerge winners at the end of the day, stressing that HYPREP was out to offer them the best through a very transparent process.
Describing the bidding process as another milestone in the remediation project, he said the agency would set a list of criteria for the selection of the companies, adding that “the remediation work is going to be a continuous, comprehensive, technical and detailed process”.
Dekil further noted that the agency was encouraging local content and local contractors in the remediation work, stressing that a lot of Ogoni contractors that are pre-qualified participated in the bidding process.
He hinted that the 21 companies initially approved for the clean-up were carrying out the exercise in less complex sites using simple remediation options in several communities in Ogoniland.
Donatus Ebi
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.
