Business
Communities Laud Wike On Road Projects
The people of Abua in Abual/Odual Local Government Area and Ndele community in Emohua Local Government Area of Rivers State, have commended the Governor Nyesom Wike administration for good and quality road networks in the areas.
Some of the opinion leaders who spoke with The Tide over the weekend expressed satisfaction with the road networks done by the state government, saying it has eased communication and boosted trade and commerce between Abua and Ndele communities.
A community leader from Ndele, David Ejiowhor, noted that the import of the massive road work done by Wike’s administration was not necessarily for aesthetic value , but for its impacts in opening rural communities to the metropolis where they could easily move their farm produces for higher sales.
A retired teacher, Mr Oye Amage, noted that Wike’s governance style in terms of opening rural communities and containing criminal activities is exemplary and value based, explaining that it is more meaningful and more result – oriented, sustainable than the fanciful rituals of youth and women empowerments.
“This is because roads connection of rural ,areas, especially agrarian communities, will stimulate local economy, reduce rural poverty and ensure sustainable development”, he said.
Also speaking, a community leader in Abua, Chief Emmanuel Oghu, said the opening of rural communities with roads ,has reduceds poverty and improved the health of the people.
The community leader called on the governor to mobilize the contractors working on Abuo/Ndele link road back to site to enable them complete the construction of the Ndele -Abua/Odual Bridge which his administration initiated.
Oghu noted that Ndele -Abua /Odual Bridge is an important road that link more than 50 communities in two local government areas, adding that the absence of good roads hinders trade.
He said, “The non completion of the road has killed the local economy in a food belt that produces food crops, fish and brew local gin , exacerbated rural poverty and led to heightened crime”, adding that it is because of the bad road that makes it difficult for policing that had made that axis hot bed of cult activities and kidnapping’’, they said.
By: Ike Wigodo.
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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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