Business
Urban Distortion: RSG Assures On Offenders’ Prosecution
Despite machinery put in
place by the present Rivers State Government to streamline trading and transportation activities in Port Harcourt in particular and elsewhere, such business operations have been defied in that direction.
In an exclusive interview with The Tide in his office last week, over the unwholesome development, the state Commissioner for Urban Development and Physical Planning, Hon Chinyere Igwe said punitive measure could be taken against defaulters.
According to Igwe, the present government believes in the rule of law, therefore prosecution of offenders would follow due process.
“This government is a government that believes in the rule of law because it believes that every facet of the law should be followed”, he said.
He disclosed that under the Rivers State Physical Planning Development law of 2003 it prescribes that offenders should be arrested and prosecuted.
He expressed regret that people do not want to obey the law due to government’s magnanimity in giving them space to get in line.
On the possibility of cabals out to defy government order he said, he was not aware of such development.
However, he disclosed that there has been various interactive sessions with business operators.
“I do not know of such cabals but we have interactive sessions and advocacay visits to most of them in the markets and parks”, he said.
The commissioner explained that through such interactions the government intends to speak to their conscience, adding that failure for them to continue in illegality would be viewed otherwise.
On complaints by hawkers for non-availability of space to do their business, the commissioner explained that already the state governor has flagged off the building of the second phase of the Mile One Market under a Public, Private Partnership (PPP) arrangement.
He explained that the contractor has asked for a space near the Mile One Police Station included in the plan.
On Oil Mill Market, he said people from neigbouring states were allowed to come and do business so long as they operate within the ambit of the laws of Rivers State.
“We are one country whether you live in Aba or Sokoto and any part of Nigeria; we will not stop people from trading and movement in and out of Rivers State.
“The one we will not tolerate is were in course of enjoying your right, you desecrate our environment”, he said.
On challenges, he said ignorance of the people on illegal trading and other activities on the right of way of the public.
He added that he intends to live the mark that “I want to be the man who Governor Wike used to change the mindset of the people in physical development sector of the state.
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
-
Politics3 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business3 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoJ And T Dynasty Set To Move Players To Europe
-
Business3 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics3 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics3 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business3 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment3 days agoAdekunle Gold, Simi Welcome Twin Babies
