Business
Association Berates FG Over Poor Roads

Rivers State State Commissioner for Youth Deveploment, Sir Owene Wonodi (2nd right) presenting a gift to the Canon residentiary of St. Paul’s Anglican Church, Diobu, Rev Canon Kingsley Ogbonda (left), to mark 2014 International Youth Day. Photo: Chris Monyanaga.
The National Chairman of Road and Transport Workers, Trailer Park Branch, Eleme, Mr. Amadi Ebere has berated the Federal Government over the deplorable state of the federal roads from Eleme junction to Akpajo axis of the East West Road.
Ebere, in an interview with The Tide in Port Harcourt also accused the federal government of being insensitive to the plight of commuters and transporters within the area. He said the government should be held responsible on the prevailing nightmares experienced on the road.
The Chairman also claimed that the poor road networks along that route has caused a lot of unnecessary accident resulting to deaths of motorists and other road users.
He traced the low patronage of transport services by members of the public from the trailer park to Bori and other axis to the deplorable state of road network. He added that the association has also recorded low income from the transport business.
Also speaking, a civil servant Mrs Daughter Nna Barine regretted the bad road and high cost of transportation arising from poor state of the road.
In his own reaction, the General Manager of Big Sam Park Mile One, Port Harcourt, Mr. Ngogi Williams also attributed drop in number of passengers from Port Harcourt to Bori and other axis as witnessed by the Union to the bad road network in the area.
Consequently, he said motor parks in the area have been forced to reduce transport fare from N400.00 to N300.00 in order to stay in business.
Williams appealed to the Federal government to expedite action in the reconstruction of deplorable roads in the area so that commuters would have a sigh of relief in transportation.
Kingsley Nna
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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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