Business
Kerosene Scarcity Hits Abuja Over Kaduna Curfew
The Abuja NNPC mega station said it had no kerosene to sell because of the curfew imposed in Kaduna State following the recent attacks on churches and reprisals by Christian youths.
Reports said that the station had had no stock of the product for almost a week now.
The development has led to the absence of long queues of consumers who thronged the station daily to buy the product.
The Operations Supervisor at the filling station, Mr Stephen Yohanna,described the situation as “unfortunate’’ but assured the public that loading of the product would soon resume now that the curfew hours had been extended.
“We have run out of stock of kerosene and that is why we are not dispensing at the moment.
“We get our supply of the product from Kaduna but the crisis there has hampered our operations here,’’ Yohanna said.
He reiterated the commitment of management of the filling station to ensuring the availability of kerosene always.
Sales representative at the station, Mr Baba Shettima, said that they were expecting two trucks of kerosene.
“We are expecting two trucks of kerosene from Kaduna, by God’s grace; we will commence the sale of kerosene to our buyers by tomorrow,’’ Shettima said.
Other filling stations visited by our correspondents did not have the product as well.
Sales Supervisor at AP filling station, Central, Mr Samson Olajumoke, corroborated the fact that the curfew in Kaduna had affected supplies.
“We get our supplies from Lagos, but they have not been able to supply us with the product because they themselves cannot get it due to the crisis situation in Kaduna.
“We are expecting to start getting it by next week; when we get the product, we will start selling immediately,” he said.
The consumers of the product have continued to lament the non availability of the product.
A trader, Mrs Taiwo Ajala, said that the lack of kerosene at the stations was already taking its toll on her catering business.
Ajala said that the NNPC mega station was the only station where she got the product at the official price of N50 per litre.
Meanwhile, black marketers are making brisk business as they are seen displaying the product in front of the various filling stations. They sold a litre for between N180 and N200.
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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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