Business
EIRS Explains Non-Availability Of Vehicle Number Plates
The Edo Internal Revenue Service (EIRS), has attributed the non-availability of vehicle number plates in the state to lack of supply from the Federal Road Safety Corps (FRSC).
Mr Courage Eboigbe, Head of Corporate Communication, EIRS, said this in an interview with The Tide’s source yesterday.
Eboigbe said, “the FRSC is not supplying, it is a nationwide issue. It is wrong to say that we are not applying for vehicle number plates.
“FRSC is responsible for the production, but due to maintenance it cannot produce number plates which are issued to state internal revenue services for sale to end users.
“The ones we have are exhausted, but we have already placed order for number plates.’’
Eboigbe urged motorists in the state to be patient and assured them that as soon as the FRSC made supply, they would get them.
NAN reports that some motorists in the state had complained that they could not get the new number plates to replace the old ones.
They called on the FRSC to expedite action on the production of number plates to stem hardship they face in acquiring them.
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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