Business
Group Tasks Govts On Citizens’ Housing Rights
A human rights group, National Human Rights Commission has urged state
governments particularly Rivers and Lagos State governments to ensure that the
housing rights which are fundamental human rights of the citizens are
protected.
Chairman of the commission,
Chidi Odinkalu in a press statement stated that housing is fundamental human
rights that must be respected by every government.
According to him, “If
government will live up to its responsibility in ensuring that the housing
rights of the people is respected, then every effort must be made to provide
housing units in certain number every year.”
He said if government must
undertake development programme, even in urban renewal such that will involve
demolition of structures, that due process that will comply with international
human rights standards must be followed, as well as alternative living place be
provided.
Odinkalu expressed worries
over the state of affairs for those whose houses were demolished, without
having an alternative places for living, saying that communities affected by
the most recent instances of demolitions include those at the waterfronts in
Port Harcourt, Rivers State, Mpape in the Federal Capital Territory, and Maroko
in the Lagos waterfront, and that the number of people affected cumulatively is
said to be in hundreds of thousands or more.
He
said that most of the incidence of displacement without an alternative fell
heavily on the low income earners whose rights were not considered in terms of
housing.
The
human rights advocate therefore urged various governments to take the issue of
social housing more seriously, to ensure that the huge gap in the interplay of
demand and supply of housing are tackled.
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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