Business
BoPP Chairman Tasks Professionals On Due Process
Architects and other professionals in the building industry have been urged to be champions of due process by actively participating in the enforcement of relevant regulation, including the Due Process Law as it relates to architecture and building engineering in Nigeria.
Giving the charge while speaking on due process implementation and the role of professionals in the construction industry in a forum in Port Harcourt, the chairman, Rivers State Public Procurement Board, Precious Omoku stated that the Due Process Law is an old law that is found in most countries of the world, from Ghana to the United Kingdom and United States.
He said the cause of many building collapse in Nigeria, and in Rivers State in particular is because of neglect of Due Process implementation, citing examples of some building collapse incidents in Moscow Road, GRA and the Sakwe Commercial School in the late 80s; all in Port Harcourt.
According to him, “when there is a collapsed structure, it is either deaths are recorded or people get severely injured. Which ever it is, I can’t exonerate ourselves from blame in the unfolding development. We have abdicated our roles.”
Further more, Omoku said “If you fail as professionals in the building sector to make your input at the concept phase …you have failed in contributing to the decision making process. That makes it difficult for you to have an organic link between decision making and implementation.”
“Whether in specifying what a single house should look like or how our towns and cities should be; or to have tree-lined sidewalks and preserve some of the exotic native trees in our society design, Architects and other professionals must have their views represented at the table,” the procurement boss stated.
Omuku therefore urged professionals to ensue that facilities built in Nigeria should be of standard and quality that fit the need of the country.
Corlins Walter
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
