Business
Motorists Seek Reconstruction Of Abua- Ahoada Road
Motorists plying the Ahoada-Abua road in Rivers State have decried the deplorable condition of Ahoada Abua road.
They want Rivers State Government to intervene to save the economy of the people in the area.
A taxi driver, Mr Saturday Ikiti, told The Tide that the state of the road would soon cut-off some Abua communities from the rest of the state.
He said that the road poses grave danger to the economic development of the area and as well inhibit the movement of goods and services.
Another taxi driver, Roy Abije said that criminals have taken advantages of the bad road to rob people on daily basis in the area.
He said that the uncountable pot-holes on the road also increase the transportation problem in the area, which according to him affects the prices of food items in the area.
The driver stressed that if urgent action was not taken to repair the road the trend of criminality would get out of hand.
Also speaking to The Tide, a passenger, Joe Graem, said that the 22km road is a crucial economic corridor traders from Port Harcourt, Kalabari, Ikwerre and other parts of the Orashi region to go to Abua market on daily basis to buy agricultural products.
He called on government of Rivers State to extend its development of road infrastructure to the road to boost the state’s economy.
He said that the market, which road linked to one of the major foods stuff markets that supplied over 50 per cents of both plantains, Banana, Garri, Potatoes among others to the rest of the state and beyond.
“Report had it that the road hinking Ahoada to Abna was constructed by a German Construction Company (Guffanti Nig. Ltd) in the mid of 1970s during the regime of the Navy Commander Alfred P. Diete-Spiff as Military Governor of Old Rivers State, 43 years ago.
“On that note, it is obvious that the road is overdue for very serious reconstruction, especially now that we have a listening governor in the state”, Graem said.
Enoch Epelle
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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