Business
FG Begins Remediation Work On Nkpolu Road
Residents and road users at Nkpolu axis of the East/West Road can now heave a sigh of relief as the Ministry of Niger Delta Affairs has started remediation work on the road.
The Tide reports that the Ministry of Niger Delta Affairs on Saturday deployed personnel and equipment to the site, with special attention on the drainages and water channels.
Speaking to The Tide, the Ministry of Niger Delta Affairs Site Engineer, Henry Abite, said the ministry had reaffirmed its preparedness to rehabilitate the drainages and water channels as a remediating measures, saying as soon as the flood water are channeled to the right directions the problem of the road would be half solved.
The chairman of Nkpolu-Rumuigbo Community Development Committee, Achinike Orubuogwu in his comment said that the community would provide needed support for the project to succeed.
He said, “The Ministry of Niger Delta Affairs is here to carry out the repair of the road today, we are also here to receive them. We will join hands and partner with them, especially in providing them all the necessary enabling conducive environment for them to do whatever they want to do”.
It would be recalled that the Nkpolu axis of the East/West Road had long been abandoned by the Federal Government following which several protests were staged to draw the attention of the Federal Government to the area.
Mid last year, the Minister for Niger Delta Affairs, Senator Godswill Akpabio promised to fix the road when he visited the area, but nothing was done until last Saturday.
Meanwhile, commercial drivers and other road users had commended the move by the Niger Delta Affairs Ministry.
Speaking to The Tide, a taxi driver, Deji Kehinde, expressed joy over what he described as God’s intervention, saying “There is nothing people have not done to draw the attention of the Federal Government to come and fix the road, yet no answer.
Another road user, John Akah, who commended the efforts of Federal Ministry said “the action is long overdue and we have been expecting Federal Government presence on this road rehabilitation for over five years and now that they are here, we wish they do a thorough job that would be sustainable”.
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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