Business
‘PH Airport, Not Commercially Viable To Importers’
Renowned Customs broker and Chairman, Association of Nigerian Licensed Customs Agents (ANLCA), Port Harcourt Airport Chapter Area I, Command, Mr Eddy Unuekhai, has said that Port Harcourt International Airport at Omagwa is not commercially viable for business.
He also said, only one weekly Cargo flight patronises the airport, thereby slowing the pace of business transactions.
Unuekhai while frowning at the under utilisation of the airport said, only one quarter load of goods is received at the port, making the airport unattractive for business.
The chapter chairman who spoke to The Tide, yesterday shortly after a visit by the National President of ANLCA, Iju Tony Nwabunike to the chapter office.
According to him, more than 60 per cent of goods is carted to oil and gas free zone, while 20 per cent goes to various bonded terminals and the remaining 20 per cent are oil related equipment and other goods.
He insisted that no commercial goods come to Port Harcourt Airport.
The chapter chairman appealed to the Nigeria customs and other stakeholders to assist the body in ensuring that trade and commercial activities were boosted at the Port.
Umekhai also decried the bus activities of some officers and federal government agencies which poses a serious threat to their operations at the Airport.
Chinedu Wosu
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.
