Business
4,000 Drivers Abandon Licences With FRSC In Ondo
The Federal Road Safety Commission (FRSC) in Ondo State, says more than 4,000 driver’s licences remain unclaimed in the state.
The FRSC Sector Commander in the state, Mr Rotimi Adeleye made the disclosure while speaking with newsmen last Friday in Akure.
Adeleye expressed displeasure at the refusal of the applicants to collect their drivers licence while others were in possession of fake licence.
“As part of Easter festival patrol, we are going to place special focus on failure to install speed limit device, embark on zero tolerance for over loading as well as driving without driver’s licence.
“Right now as I am talking to you, we have about 4,000 driver licence produced and unclaimed in the state. Some of them had been produced since last year.
“So, with this, we are embarking on massive enforcement of the driver’s licence, those drivers that had not collected their licence should endeavour to go to the licencing office where they applied and claim them.
“Our officers and men on the highway will not take excuses that their driver licence is at home or is under processing without any genuine evidence,” he said.
Adeleye also said that officers and men of the command would be on road throughout the festive period to ensure free flow of traffic and compliance with traffic rules and regulations.
“We discovered that a lot of motorists don’t care about being on the right lane when driving or travelling, so we want to enforce that while driving with expired tyre will also be our focus.
“We are appealing to the motorists that before setting out for Easter journey, they should ensure that the light of their vehicles are working perfectly and the wipers and tyres are in good condition too.
“More so, they should ensure that they set out on their journey early to avoid over speeding,” he said.
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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