Business
ATOPCON Ex-President Wants Defined National Dev Plan
Former President, Asso
ciation of Town Planning Consultants of Nigeria (ATOPCON), Mr Moses Ogunleye, has called for a defined development plan to guide successive administrations in the execution of projects.
Ogunleye, who made the call in an interview with newsmen in Lagos, said that the plan would hasten the country’s development.
He said that lack of continuity of most projects by successive administration was the bane of economic growth and development of the country.
According to him, lack of a laid down development plan in the administrative system is responsible for low infrastructural development.
The ATOPCON ex-boss said that successive government at all levels had approved a lot of projects that had no feasibility study on how or when they would be executed.
“A development project plan gives an overview of what the government plans to achieve what is required to achieve it and within what period.
“A defined development plan will guide the government on how to easily execute projects.
“And successive administration should be able to continue such projects started by a previous government having known the nation’s development plan direction.
“But a defined development plan is lacking in the nation’s administrative system and that is the reason it has become difficult for the government to execute or accomplish given projects,” he said.
He stressed the need for successive government to accomplish projects started by the previous administration, adding that it was the only way significant development could be achieved.
“Through a project plan, the government would be able to announce a project and predict a stipulated period of time it will be accomplished.
“With this, the citizens will know about the project and be able to approach the incumbent government in case the previous government failed to accomplish it within its tenure,” he said.
Ogunleye further urged the Federal Government to privatise virtually all sectors of the economy to enhance economic growth and development.
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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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