Business
FAAN Takes Over MMIA’s Toll Gate From Concessionaire
The Federal Airports Authority of Nigeria (FAAN), yesterday took over the Murtala Muhammed International Airport’s Access Toll Gate from the Integrated Intelligent Imaging West Africa Ltd, a year after expiration of the contract.
FAAN staff in the company of aviation unions thronged the access gate as early as 7.00 a.m and took over the ticketing points from the former managers.
FAAN staff, after dislodging the former managers, drafted members of the airport authority’s commercial department to man the ticketing points.
The General Secretary, Association of Nigeria Aviation Professionals, Mr Abdulrasaq Saidu said the management of the access gate remained the sole responsibility of the Commercial Department of FAAN.
He said concession of the access gate was “fraudulent without a review of the contract for more than five years now”, adding that the traffic of the route had greatly increased since the last exercise was carried out.
Saidu also alleged that some individuals in FAAN and the Ministry of Aviation had compromised over the access gate, saying that government was losing revenue from there.
The President, Air Transport Senior Staff Services Association of Nigeria, Mr Ahmadu Ilitrus explained that the concessionaire agreement with FAAN expired 12 months ago and the company had refused to leave the toll gate.
Ilitrus said that the government had appointed a new concessionaire but the former managers refused to leave.
“FAAN is an employer and when it decides to terminate and appoint another new concessionaire, then, the former one should have handed over.
“But, the former concessionaire refused to hand over after the appointment has been terminated, so what do you expect FAAN workers to do?”
Also, the Deputy National President of Air Transport Mr Sarah Rimdams said workers came to recover their revenue points to the government as the contract with the former managers expired in February. 2019.
“We are at the access gate to test run this place to actually know how much can be generated monthly.
“This will definitely bring more revenue being remitted by the concessionaire to the FAAN account.
But the Manager, Integrated Intelligent Imaging West Africa Ltd, Mr Toluwaleke Abajingin, said he was shocked to see workers and unions taking over the access gate.
Abajingin said the case was in court, adding that as a responsible organisation, his staff did not resist the takeover.
Abajingin said his company had been paying FAAN up to date and that the company was never informed about any upward review of the contract or otherwise.
Abajingin said there was a first right of refusal and that FAAN had not communicated to his company on the agreement.
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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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