Business
Customs Unit Siezes N294.4m Goods
The Federal Operations Unit (F.O.U), Zone ‘A’ Ikeja, says it has recorded 482 seizures with a Duty Paid Value (DPV) of N294.4 million in the first quarter of 2015.
This is contained in a statement made available to newsmen in Lagos by the Public Relations Officer of the unit, Mr Uche Ejesieme.
According to the statement, 36 suspects were apprehended in connection with the seizures.
It explained that the seizures made in the period under review, represented 45 per cent increase when compared to seizures made in the corresponding period of 2014.
A breakdown showed that 8,584 bags of rice with a DPV of N55.7 million were impounded, while 11,647 cartons of frozen poultry products with a DPV of N62.8 million were also intercepted.
Also, according to the statement, 86 units of assorted fairly-used vehicles valued at N108.5 million were seized.
The statement noted that other seized goods were: textiles, foot wears, vegetable oil, insecticides, wine, soaps and spaghetti, all with a DPV of N67.2 million.
“We are confident that our renewed zeal and optimism will be the catalyst for optimal performance.
“The war against smuggling, no doubt, is a herculean task, because of the natural tendency for smugglers to fight back each time their goods are seized.
“However, we have remained undeterred, as we believe that we have a responsibility to secure the nation against influx of prohibited goods.
“We will not abdicate this responsibility for whatever reason,’’ the statement said.
The service urged Nigerians to support it through genuine information which could assist in tracking smugglers and their routes.
The statement said the unit would continue to ensure that it was steps ahead of smugglers.
“We have also institutionalised the concept of Customs Community Relations (CCR), which is meant to provide an enabling environment for operations in our places of assignment.
“This became imperative as a result of cases of incessant attack of our operatives in some volatile areas.
“We have also collaborated and synergised with the various security agencies in line with the six-point agenda of the Comptroller-General of Customs, AlhajiAbdullahiDikko.
“In addition, we have incorporated ICT in our anti-smuggling drive and the resultant effect has been phenomenal,’’ it said.
The statement said the unit had recorded remarkable seizures through the concept of Risk Management and Cargo Selectivity.
“This method enables us to assess the seaports and areas under our watch to ensure effective control and monitoring.
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.
