Business
Committee On Aviation Security Extends Report Submission Date
The Chairman, Ministerial
Committee on Assessment of Aviation Security, Air Commodore Hambali Tukur, said that the committee had extended the date for the completion and submission of its report to the Federal Government to next week.
Tukur told The Tide source in Abuja that the initial three weeks timeline given to the committee could not be met due to some issues it encountered at the beginning.
Tukur added that the Easter holiday also contributed to the delay, adding that the government granted the committee an extension of time to enable it to complete the assignment. “We are still on the assignment and we are hoping to complete it in the coming week.
“The initial timeline was three weeks but the ministry granted more time to finish the assignment because of some unforeseen issues we encountered in the course of our job.
“I can assure you that in the coming week, the assignment would have been completed and when the report is out, it will be made public for everyone to analyse it‘.’’
Tukur thanked the President, International Civil Aviation Organisation (ICAO), Dr Benard Aliu, for his visit to Nigeria and commended the organisation’s Audit Team for paying attention to the country’s aviation industry.
He said that the visit of the world aviation body and its president was a good sign for the industry and the country, urging the government to implement all the recommendations made by the ICAO boss.
According to him, given the place and importance of aviation around the world, there must be adherence to certain minimum standards for the sake of passengers and all participants in the industry.
“It is good for ICAO to from time to time carry out this audit and advise on how to improve aviation safety and security at least not only in Nigeria but all over the world.
“Like I said earlier, for the ICAO President to come to Nigeria, it shows the importance the world body attached to the nation’s civil aviation, especially the change in the new administration.’’
Tukur also commended Aliu for the decision of ICAO to make the Nigeria College of Aviation Technology (NCAT) a regional training centre in Africa.
According to him, NCAT is a premier institution in Africa and therefore, should be given its pride of place in the region through necessary upgrades and transform it into a world class Aviation College.
Tukur further said that the establishment of a national carrier would help boost the contribution of the aviation sector to the country’s Gross Domestic Product (GDP), adding that many countries had sustained their economies through aviation.
He, however, advised that adequate steps be taken to ensure that the country does not repeat the mistakes that led to demise of the defunct Nigerian Airways.
According to him, the economy must be able to sustain the aviation industry before a country can have a national carrier, because it is foreign currency dependent.
“We don’t manufacture things that the industry uses; that means there would be high demand of foreign currency to take off to such a level that we would be able to use local content.
“Many countries, even within the African region, have moved aviation to such a position that their economy depends on it.
“Take Ethiopia for instance, Ethiopian Airline is world standard because it is part of the star alliance and it is contributing greatly to the economy of that country.
“The same thing will happen if Nigeria is able to marshal its resources and give the aviation industry the boost it needs with the establishment of a national carrier,’’ Tukur said.
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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