Business
Lagos Residents Charge Govt On Registration Initiative
Lagos residents have ap
pealed to the state government and the Lagos State Residents Registration Agency (LASSRA) to intensify its awareness campaign on the State Residents Registration Initiative.
Some of them told newsmen in separate interviews in Lagos that residents were not aware of the registration exercise which they described as a good initiative.
A businesswoman, Linda Ihekhire who resides at 31, Muyiwa Opaleye St., Aguda, said she got information about the exercise in late December 2013.
“There is still low awareness about the registration; I heard about the registration after the Christmas period.
“I decided to come and register because I do not know the extent to which the state government will take the exercise,” she said.
Ihekhire, however, appealed to the state government and LASSRA to intensify its awareness campaign.
Rukayat Tijani, who resides at Jibowu, Yaba, said that the initiative was good but appealed to LASSRA to create awareness among transport workers and traders.
“I do not think that motorists and most of the traders know about the exercise.
“Some cannot leave their business outfits for the registration exercise.
“The registration can be taken to market places and motor parks if government really wants to help the people residing in the state,” she said.
Olumide Oliyide, a resident of Moloney St., Yaba,Olumide Oliyide told The Tide that he registered this month, adding that he got to know through his friend who works at the Local Government Office.
“I did my registration early this year and I did not know until a friend told me; when he told me about it, I decided to go and register.
“I know that the National Identity Card is now a serious issue, so, I did not want to take chances.
“ Government should create more awareness,” he said.
Bridget Samuel, who resides at Block 7, Iponri Estate, said the state government should assist residents by registering them at their residence.
She also called for designated centres on streets rather than the local government areas.
“I do not think it will be bad if there can be centres in streets, I am not saying all streets but four streets can share a centre,” she said.
The Tide reports that the Lagos State Residents Registration Agency Bill was passed and signed into law on June 22, 2011.
The registration exercise will integrate residents into the e-government initiatives to enable the services provided by the government to be fully utilised.
It will also provide an accurate data base for evolving government policy and planning.
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.
