Business
Customs Impounds 1,071 Cartons Of Poultry Products
The Customs Headquar
ters Monitoring Team, Seme axis, has intercepted 1,071 cartons of smuggled frozen poultry products with a Duty Paid Value (DPV) of N5.78 million.
The Acting Controller of the Customs Federal Operations Unit (F.O.U.) Zone ‘A’, Ikeja, Alhaji Usman Turaki, made the disclosure in a seizure report made available to The Tide on Thursday in Lagos.
Turaki said the team, which was led by an Assistant Comptroller of Customs, Mr Abdullahi Kirawa, on Tuesday, at 08.30 hours, intercepted a Mercedes Benz truck with registration No AGB 217 ZD conveying the products on the Apapa/Oshodi Expressway.
The controller said 40 cartons of ceramic tiles and eight bath tubes were used in concealing the poultry products.
“It is instructive to note that the nefarious attitude and ingenuity of smugglers to device such means of concealment makes the seizure very symbolic,” Turaki said.
He said the interception followed the renewed mandate from the Customs Headquarters on the need for more proactive steps toward suppressing smuggling and enhancing border security, particularly during this electioneering period.
Turaki said the truck was trailed from an unapproved route, having been placed on surveillance by the operatives of the Headquarters Monitoring Team.
According to him, the intercepted vehicle was brought down to the F.O.U., where a physical examination was conducted which revealed the seizures.
The controller commended the team for deploying effective intelligence in effecting the seizure and urged the team to remain focused and resilient in its anti-smuggling mandate.
Turaki spoke on the synergy between his unit and the Headquarters Monitoring Team, saying that customs’ operations was a compendium of teams that were interwoven and whose operations were targeted toward achieving a common goal.
He said that the unit and the teams were working harmoniously in ensuring that all flanks and suspected areas used by smugglers were completely blocked.
Turaki said that the unit would continue to play a leading role in anti-smuggling, in view of the need to continuously meet and surpass its operational benchmark.
He warned smugglers to either stay away from the zone or face the wrath of his operatives.
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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