Business
Food Dealers Exploit Alternative Routes To Rivers, S’ South States
The Hausa community foodstuff dealers in Rivers State, say they have started to arrange for alternative routes through which they supply foodstuffs from the northern part of the country to Rivers State and other South South states.
The group said it was taking this decision given the level of damage, killing and disruption of movement they have suffered on the South East route, particularly when there is any form of riot like the recent ‘EndSARS’ protest that was hijacked.
Leader of the Hausa community in Rivers State, Alhaji Ibrahim Maisundu, who disclosed this while speaking on a live radio interview in Port Harcourt on Monday, said his group had decided to use alternative routes in order to safeguard the lives and properties of the foodstuff dealers.
According to him, arrangements are on top gear to begin to use the Benin/Warri axis to transport foodstuffs down to Port Harcourt and other South South areas.
He debunked the rumour making the rounds that foodstuff dealers decided not to supply foodstuffs to Rivers State, saying the irregular supply was caused by insecurity on the South East routes.
“We don’t have problems with Rivers State and South South in our supply of foodstuffs. We have problems with the South East.
“Over 100 of our trailers were stopped in the South East in this recent disturbances and protests, and the foodstuffs being carried have been damaged especially those that are perishable, and some trucks vandalized or damaged.
“We are working seriously on alternative routes through Warri, and we want to stop the supply of foodstuffs to South East, except the governor of Abia State calls Arewa to a meeting.
“This issue has affected those that deal on onions very badly, and you can imagine that right now, a bag of onions now costs N80,000 in the Port Harcourt market. Who will like to buy, and how will people cook food without onions?
“We are appealing to the Rivers State Government to provide security for our people. We know that this state is a peaceful state and we have been living here doing our business for a long time without any problem.
“Very soon, everything will be okay, and trailers will start coming in to Rivers State, and normal food supply will be restored as usual, and we want regular food supply in this state “, Maisundu said.
By: Corlins Walter
Business
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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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