Business
NDDC Tasks Engineers On Project Design
The Managing Director of Niger Delta Development Commission (NDDC) Mr. Chibuzor Ugwuoha, has charged engineers in Rivers State to be committed to giving good project designs to their clients, especially the NDDC, whenever they are consulted for their services.
Giving the charge while speaking as the Special Guest of Honour at the membership induction and fellowship celebration dinner of the Nigerian Society of Engineers (NSE) Port Harcourt branch last weekend, the NDDC boss said that one of the challenges facing engineers is on how to deliver outstanding designs to their clients.
He said that the viability of any project will depend on the design given by the engineer in charge, pointing out that NDDC has various challenges in their projects due to bad project designs and urged the NSE to help in this regard as the umbrella body of engineers to guide its members to give value for money by setting standards, and as well as discipline erring members.
The NDDC Chief executive who was represented by Mr Ndu Ahiankwo, himself a fellow of Nigerian Institute of Quantity Surveyors (FNIQS), and assistant director, Utilities of NDDC, said that the commission can not do anything without engineers, adding that most of the engineers in Port Harcourt are consultants to NDDC.
He also described engineering as a key profession in national development, and that there is no sphere of life where engineers can not be found, and vowed that the NDDC will continue to partner with NSE.
Earlier in his address, the Port Harcourt branch Chairman of NSE, Engineers Dr. A.H. Igoni said the ceremony is a yearly event and congratulated the new inductees for making it this year.
Engineer Igoni urged the inductees to be active in the NSE activities and also relate well in their professional practice with both their colleague and others.
Also in his speech, the President of NSE, Engineer Chief Olumugiwa Ajibola who was the Chairman of the occasion, urged the inductees to take extra responsibility in their engineering practice from now, because any mistake they make from now will be accountable by the NSE.
About 90 new members were inducted.
Corlins Walter
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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