Business
Oil Theft: NSCDC To Deploy Drones, Aircraft For Surveillance
Commandant-General,
Nigeria Security and Civil Defence Corps (NSCDC), Dr Ade Abolurin says the Corps had concluded plans to deploy about 500 drones and aircraft for proper surveillance of oil installations in the country.
Abolurin disclosed this on Monday in Abuja at a meeting with senior officers of the Corps as part of efforts to strengthen its operational strategy.
He said that the move was in line with the new administration’s resolve to tackle the issue of oil theft headlong to boost the economic revenue accrued to the country.
The NSCDC boss, who decried the spate of pipeline vandalism and oil theft in the country, said the corps was working round the clock to stem the tide.
He said the corps was exploring new ways to monitor and protect the pipelines, especially the use of technology and sophisticated gadgets to track down the vandals.
“I can assure you that we are already exploring new approaches which will include the massive deployment of technology as opposed to the outdated conventional approach you are use to,’’ he said.
He said that some drones had already been deployed on a test run basis in some areas in the Niger Delta region such as Bayelsa, to test its efficacy.
Abolurin also said that officers of the corp’s anti-vandalism unit had also undergone refresher training in line with international best practice to deal with the menace.
He said that so far this year, about 250 vandals had been directly arrested, while another 100 were arrested by other security agencies and handed over to them for prosecution, with 35 successfully convicted.
He said the corps had also stepped up its protection of other critical infrastructure in the country such as power installation, telecommunication masts and equipment so as to ensure better service delivery to Nigerians.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics4 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics4 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business4 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies
