Business
Expert Makes Case For Collapsible Fish Pond
Chief Fishery
Officer, Plateau Agricultural Development Programme (PADP), Mr. Bulus Goswen, has said that the
collapsible fish pond is a “huge boost” to fish farming in the country.
Goswen told our correspondent in Jos that the innovation had
come at a time when fish was “highly needed”, in view of the rising demand for
fish as a major protein source.
He said, “Fish business is becoming increasingly popular;
the supply of fish has not been able to meet the massive demand.
“This new innovation where fish is grown in plastics had
eased the activity and will greatly increase production.
“It has the potential to attract new entrants into the
business as it has made fish farming cheap and simple.”
Goswen explained that the collapsible tank or pond did not
require one to construct concrete fish ponds with cement and other materials
that were usually expensive.
“Unlike the concrete pond that must either be abandoned or
destroyed when relocating, which would make an investor lose a lot of money,
collapsible thank is user-friendly.
“It can be detached, collapsed and taken to a new location
to be set up again to continue the business when the farmer is relocating,” he
said.
He added that with this scientific innovation, people can
“culture” fish almost everywhere.
“Collapsible pond has made it easy for people to culture
fish around their houses, in bedrooms, sitting rooms or veranda. Even people
living in upstairs are not left out,” Goswen said
According to him, the ponds are of various sizes, and the
number of fish harvested depends on the amount stocked.
He said that “about 1,000 fingerlings” can be reared to
table size in an average sized pond.
“After stocking the pond with fingerlings or juveniles, in
about four months, one can harvest fish, each weighing between one kilogramme
and 1.5 kilogramme.
“A fish of about 1kg goes for about N700 in the market; the
price increases with size. If the right things are done, profit can be as high
as 40 per cent,” Goswen said.
He called on fish farmers to be open to innovations and
embrace new techniques to ensure maximum return in fish farming.
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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