Business
Traders, Motorists Lament Poor State Of Rukpokwu-Eneka Road
Traders, business opera
tors and motorists have lamented over the poor state of roads in Rukpokwu and Eneka communities all in Obio/Akpor local government area of the state.
Some of the traders who spoke to The Tide, said they can hardly make ends meet as their customers now go to other markets to purchase their daily needs.
A trader on building materials, Mr Lucky Anaele, said the worst hit area is the Rukpokwu-Eneka road as a section of the road had developed a deep gully, leading to the area being called “water side”.
Anaele explained that some traders were forced to relocate because of low patronage and realizing that the landlord of the shop would not listen to excuses for the store rent.
Another trader who deals on provision and who would not want her name in print said, “we even find it difficult to transport our goods because of the bad road.
She called on the state government to do something urgently as the area had been cut off from Port Harcourt, explaining that cars stop at either side of the waterlogged area to pick and drop passengers who pay higher for the short distance.
A commercial driver Mr Ikye, who plies the road bemoaned the level of neglect on the road by government, noting that they charged N50.00 before the road got bad but today, any driver loading Rukpokwu to Eneka takes N150,00.
He disclosed that cars plying the road are regular customers to the mechanic because of the terrible state of the road.
According to him, before the rain started, we heard that the state government had awarded contract for the rehabilitation of the portion that is now called waterside but till now we have not seen any sign.”
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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