Business
Traders Resist Relocation To New Market Site
Traders at the New Livestock Market, Enugu, have resisted attempts by state government agencies to relocate them from the market.
The traders, who were expected to vacate the market to give way for a new estate planned as part of the new Independence Layout, said on Thursday that it would take the “use of machine guns” by the agencies to relocate them.
“We have invested so much in the market and we cannot afford to lose it,” the Chairmen of the two sections of the market, Mr Kelvin Osita Ani and Alhaji Mohammed Joda, told newsmen.
They also claimed that the Muslims among them built a mosque that cost at least N10 million raised through levies.
The chairmen said it was the government that allocated the land to them after they were moved from the old Artisan Market on Ogui Road.
The traders said the “annoying” aspect of the relocation plan was moving them to where they would not have access to potable water.
“Without water we cannot deal in livestock,” said Joda, who is the Chairman of the Hausa section.
The chairmen said the traders were not prepared to comply with the government’s order to relocate to the new site on the Enugu-Port Harcourt Expressway.
They claimed that in 2008, a former Commissioner for Lands, Dr Festus Uzo, had invited them over the same issue but they never knew he was serious until officials of the Housing Development Corporation came with a similar directive urging them to move.
“We did not even know that government is serious about our relocation out of the place until some officials of the Ministry of Housing informed us that we have to move, said Osita, who is the Chairman of the Igbo section.
“We will never leave. It will take the killing of all of us with machine guns to leave the market,” Joda said.
Both leaders said the new site offered them was community land and added that the community told them that they could only use the place for just 10 years.
They said the state government had yet to provide an environment that could warrant their relocation.
“Unless they will kill all of us with machine guns, we will never leave this place,” Joda said.
They noted that previous administrations had ordered them to leave the old Artisan Market because of issues they had over water problems.
Reports say that items sold at the market include cows, rams, goats and foodstuffs.
They also operate a local abattoir at the market in addition to the various restaurants there.
Reacting to the stance of the traders, the state Commissioner for Lands, Mr Albert Edoga, said the parcel of land was allocated to them on a temporary basis.
“They have not refused to relocate. When they refuse, we know what to do to get them out,” Edoga said.
He, however, gave assurance that the state government would provide them with the needed infrastructure to facilitate their relocation to the new site.
Business
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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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