Business
RSG Outlaws Cart Refuse Collection Soon
The Rivers State Government says it plans to phase out the use of carts for the collection of solid waste in Port Harcourt and its environs.
Commissioner for Environment, Mr Kingsley Chinda, who disclosed this to newsmen at the Port Harcourt International Airport, Omagwa said that the state capital had passed the stage of using cart trucks to evacuate refuse.
According to him, the system has become outdated, pointing out that the business can only be allowed to flourish if the operators modernise their equipment.
He announced that government would soon embark on monthly collection of sanitation fees, just as house to house refuse collection would be resumed with vehicles.
Mr Chinda noted that the solid waste sector had been privatized and government would only play a supervisory role, saying that local governments in the state had been directed to set up environmental committees to facilitate the exercise at the grassroots.
The environment commissioner hinted that a meeting would soon be held with local government chairmen to inform them of what to do and the limit to which they would go about the sanitation of their areas.
Shedie Okpara
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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