Business
A’ Ibom Airport Staff Training Gulps N2.5bn
The Akwa Ibom State Government has completed work on Phase 1 of the Ibom International Airport.
Meanwhile, about N2.5b naira is being spent on the training of engineers and operational staff for the airport’s Maintenance, Repair and Overhaul (MRO) facility.
Chairman, Ibom Airport Project, Air Commodore Idongesit Nkanga (rtd), who disclosed this when the National Good Governance Tour Team inspected the facility in Uyo, said Phase 1 of the project comprises the runway, the control tower, the fire bay, the MRO facility and the interim terminal.
He explained that the airport was designed for maintenance and cargo operations, adding that the types of aircrafts expected to be maintained at the facility include Airbus 380, Boeing 747-400 series and Jet-G.
In his remarks, the Minister of Information, Mr. Labaran Maku, stressed the need to have modern facilities that would accommodate Nigeria’s fast growing economy.
He commended the government of Akwa Ibom State for initiating the project, which he said, would add value to Nigeria’s aviation industry.
“We are made to understand that they have already trained many young people all over the country who are already feeding into the aviation system. We hope that this place will be completed in good time so that commercial, and other forms of aircrafts, that are taken out of the country would be maintained here.”
Also, the Akwa Ibom State Government is to build 10,000 housing units, aimed at providing houses for low-income earners in the state.
The first phase of the project, comprising 2000 housing units, is almost completed.
The state’s Commissioner for Housing and Urban Renewal, Mr. Emmanuel Enoidem, who disclosed this when the Tour Team inspected the Idu Uruan Mass Housing Estate in Uyo (made up of over 500 housing units), said completed projects include 300 units in Ikot Ekpene, 300 in Eket and 200 units in Ikot Abasi.
Other local government headquarters that benefited from 200 housing units each were Oron and Abak.
Mr. Enoidem said: “We are targeting 10,000 housing units and we are hoping that at completion, they will be given to public servants. It is the intention of this government that all public servants, at retirement, go back to their houses and not rented apartments.”
He disclosed that the state government is now subscribed to the National Housing Fund, which was discontinued in 2002 “to empower public servants, who are contributors, to take advantage of the loan available to buy into this property.”
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business4 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies
