Business
CRSG Orders Immediate Revocation Of Land
The Cross River State
Governor, Prof Ben Ayade has directed the immediate revocation of plots of land illegally acquired by private developers at the state Poultry Farm of the Ministry of Agriculture located at the Ikot Effanga Mkpa area of Calabar Municipality.
This follows the desire of government to acquire sufficient Land for the Niger Delta Development Commission Poultry Project meant for the South South geo-political Zone earmarked to be located in Calabar. The Governor who was represented by his Deputy, Prof. Ivara Esu, during an inspection visit to the farm noted that the farm will serve as a location to raise day- old chicks for the people of the zone.
He described the attitude of the developers as well as all the parties involved in the sales and purchasing of all government properties as greedy and unpatriotic, describing the situation as a huge incursion into government land.
The Deputy Governor stated further that government intends to ensure that the revocation process is total and holistic in approach as government desires to expand on the concept and vision of the NDDC poultry project to accommodate the Senator Ben Ayade-led Administration’s Agriculture Programmes.
He called for a thorough investigation into the circumstances surrounding the sale of government land to private developers adding that there is need for Ministry of Lands Development to do a clear delineation of the affected areas.
Earlier, the Commissioner for Agriculture and Natural Resources, Prof. Anthony Eneji had described the NDDC Poultry Project as a mega project for the South-South Zone with a capacity to produce 78 thousand birds per day.
Eneji enumerated some of the numerous benefits to include; employment opportunities, wealth creation, as well as nutritional value to the Zone ,stating further that the endorsement of the governor, Senator Prof. Ben Ayade, has authenticated the programme of collaboration with NDDC for the overall benefit of the state in particular and the zone as a whole.
The Deputy Governor was accompanied on the tour by the Commissioner for Lands Development and the Directors for Land and Agricultural services.
Friday Nwagbara,
Calabar
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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