Business
FHA Uses Rammed Earth To Rebuild N’East Homes
The Federal Housing
Authority (FHA) says it has introduced Rammed Earth Technology to facilitate the construction of three-bedroom bungalows for Internally Displaced Persons (IDPs) across the country.
The Managing Director of FHA, Prof. Mohammed Al-Amin, told newsmen in Abuja that the authority would use its technical expertise for rehabilitation of IDPs at little cost.
Al-Amin described Rammed Earth Technology as a technology that would facilitate the construction of a three-bedroom flat with only 10 bags of cement.
“What we are doing with the IDPs across the country, particularly in the North-East, is to assist them to regain their shelter but not to give them shelter.
“We do not have the capacity but there is state government agency called North East Intervention Agency that is responsible for that.
“As the housing agency of the Federal Government, we have the technology, technical knowhow and the profession,’’ he said.
Al-Amin said the agency often examines the ecology of the zone where houses are built to get the best available technology globally.
According to him, the authority got the Rammed Earth Technology that was improved upon by an American scientist.
He said the technology was brought to Nigeria in order to adapt it to the North East Zone of the country.
Al-Amin said the IDPs were also given refreshers course to sensitise and sell the technology so that they could understand it better and key into it.
The FHA boss further said that the authority trained the trainers on the technology and established extension offices jointly with some NGOs.
This, he said, was to ensure that the technology was embraced by the IDPs so that they could quickly return back to their settlements.
“We established extension offices across the zone for our staff to train them on how to use the technology in building their houses so that they can quickly relocate back to their places at little cost.
“With the technology, an average Nigerian can afford to build a house with 10 bags of cement, and with just 10 bags of cement, you easily get three-bedroom bungalows.
“You use the old maiden earth, that is, the soil; you use a proportion of the soil with the cement, adding little amount of water under a prefabricated form.
“With some timing and technical concentration, you erect a wall and after 24 hours, you remove the form and go to the next wall and do the same,’’ he said.
According to Al-Amin, the prospective builder of a three-bedroom apartment will only spend N15,000, which is the cost of 10 bags of cement, instead of buying as much as N2 million worth of cement blocks.
He said the technology was cheaper and reduces time in rebuilding the communities in the North East Zone.
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.
