Business
JTF Sings Success Story In 2013 …Blames Challenges On Logistics
The Military Joint Task Force in the Niger Delta, Operation Pulo Shield, has reeled out what it described as its success story for 2013 to journalists during a press briefing.
The Commander, Maj.-Gen. Bata Debiro, said that within the year his men arrested no fewer than 1,857 suspected oil thieves and destroyed 1,951 illegal refineries in 2013.
General Debiro disclosed that, the JTF conducted 1,025 anti-illegal oil bunkering patrols within the year under review through which the outfit scuttled 81 barges, 1,117 Cotonou boats, 82 tanker trucks and 1,873 surface tanks.
Debiro further said that 39,760 drums of illegally refined petroleum products, 570 pumping machines and 75 outboard motor engines used as apparatus to facilitate oil theft were seized and destroyed.
He also said 46 vessels of various sizes and capacities were arrested during the period.
The JTF boss said the outfit was able to achieve the above feat through constant patrols based on credible intelligence obtained from various sources, particularly command headquarters, other formations of the JTF, informants and good citizens.
Debiro said, “In spite of the difficult environment in which it operates, the JTF has recorded modest successes, although still confronted with a handful of challenges and constraints.
“These challenges were inadequate maritime platforms, insufficient operational vehicles, lack of some essential kits and insufficient manpower.
“The task force is however optimistic that most of these challenges will soon be addressed through the efforts of Chief of Defence Staff, Defence Headquarters and the National Economic Council intervention plan initiated by President Goodluck Jonathan,” he said.
According to him, the outfit could stop illegal bunkering completely in the region provided it was well equipped and the logistical challenges facing the outfit fully addressed.
He commended his officers and men for their diligence in the fight against oil theft, piracy and other criminal activities in the region.
“We can stop illegal bunkering in our country. Afterall, it was started by someone. But this cannot be fully achieved if the logistical challenges facing the JTF are not addressed,” he added.
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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