Business
Imoke Urges Nigerians To Embrace Domestic Tourism
Governor Liyel Imoke of Cross River State has implored Nigerians to embrace domestic tourism instead of the current trend of holidaying abroad.
Imoke told a team of visiting journalists that the mindset of the average Nigerian that good tourism destinations were outside the country was incorrect.
He said Nigeria was blessed with some sites much better than those abroad.
According to the governor, if one per cent of Nigerians choose to visit Cross River’s tourist destinations in a year, it will mean a record 1.6 million visitors.
This, he said, was in addition to pocket-friendly costs which exclude visa fees and international flight charges.
Imoke also urged the Federal Government to evolve a tourism policy so that the federal might could be visible in developing the sector.
He noted that pristine and unique tourism destinations were in remote areas, citing the state’s famous Obudu Cattle Ranch Resort tucked away in a mountainous region with the challenge of accessibility.
The governor said the major roads leading to the Obudu ranch were federal roads, “with none of them in any shape worth mentioning.
He lamented that the government at the centre had not done enough to encourage tourism.
Imoke said that though Cross River was not as rich as most south-south states, his administration was being proactive in providing the enabling environment that would attract big investors so as to improve the living standard of the people.
He said that his administration had looked inwards by increasing its internally generated revenue from a mere N200 million monthly to about N2 billion presently.
The governor added that the enabling environment for big multinationals to invest in the state was being provided and that this had started providing results.
He said that the three oil palm plantations established by international agrobusiness giant, Wilmer, in conjunction with PZ Cussons, could be seen as life-changing ventures that would positively impact Cross River, Nigeria and the ECOWAS sub-region.
Imoke said he had visited a Wilmer plantation in Indonesia that had 17,000 direct employees, comparing this with the entire 20,000 civil servants in Cross River.
The Wilmer/Cussons plantations in the state, he added, had already taken thousands of youths off the streets and given them a means of livelihood.
Imoke said that it was with a view to providing employment that he insisted that the full value chain of the palm oil processing— from the crops to the refining plants— should be domiciled in Cross River.
According to the governor, the oil palm plants will generate more than 13,000 direct employment and 33,000 indirect jobs within the next five years when production is expected to reach more than 1,000 tons of refined palm oil daily.
He said that in line with the vision of making the state’s youths employable, a technical/management college has been established that would produce demand-driven graduates that would man the emerging industries.
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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