Business
Air Passengers Protest Seizure Of Vehicles, Extortion At PH Airport
Users of Port Harcourt International Airport, Omagwa, including air passengers, have expressed concern and displeasure over the indiscriminate seizure of their vehicles at the airport by agents of the Federal Airports Authority of Nigeria (FAAN).
They alleged that the airport environment was becoming notorious in recent times for seizure of vehicles of air passengers by FAAN concessionaire firm and car hire operators, on the excuse of wrong parking.
One of the aggrieved victims, Victor Mba, while narrating his ordeal in the hands of a FAAN concessionaire firm, told aviation correspondents that his car was seized and chained because the two back tires exceeded the line marked out for parking.
He alleged that he was asked to pay a fine of N12,000 before his car could be released to him.
“The surprising thing is that nobody there directed me on such issue, as there was no signpost to direct people either.
“I wondered if this could be another method to extort money from the travelling public and air passengers. Something that needs just a caution or direction has now been turned into forceful payment of fine, and that is as good as extortion”, he said.
Also recounting his experience on the issue, another victim of alleged extortion, Mr Dickson Iwarimie, who is a journalist by profession, said his car was confiscated and chained for not following the ‘back-in’ packing method.
According to him, he was not directed on such while parking, only to come back and meet his car chained after he had finished making advanced booking at the terminal building.
He also alleged that the FAAN concessionaire firm asked him to pay a fine of N12,000 for not complying with the back-in parking method.
Iwarimie threatened to take legal action against the company, insisting that such fine amounts to extortion.
He pointed out that there is no law in Nigeria that allows such fines to be paid at the airport, especially when there was no one to direct car owners on how to park or give caution.
Although the manager of the concessionaire firm was not available for comments, one of the officers of the firm who pleaded anonymity, confirmed the seizure and said that they were working based on the terms of reference given to them.
According to her, it is from the fines and charges the firm collects from traffic violators that the staff salaries are being paid.
By: Corlins Walter
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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