Business
Bauchi: Committee Recovers 79 Vehicles, 97 Parcels Of Land
A committee set up by Bauchi State Government to recover property illegally allocated to individuals by the immediate past administration has recovered 64 vehicles and 97 parcels of land, the chairman said.
The Chairman, retired Air Commodore Ahmed Tijjani-Baba, made the disclosure in an interview with newsmen in Bauchi on Friday.
Tijjani-Baba explained that the vehicles were among 100 listed by the committee for recovery from highly placed individuals, politicians, former commissioners, special advisers and top civil servants.
He said that the vehicles were allocated to the beneficiaries by the last administration on May 28, 2015, a day to the swearing-in of the present administration.
Tijjani-Baba said that the committee discovered that the vehicles were purchased by the former administration between January and May and auctioned to the beneficiaries without due process.
He said that efforts were being made to recover the remaining 21 vehicles through various legal strategies.
Tijjani-Baba disclosed that the committee also recovered all 97 plots whose certificates of occupancy were earlier revoked by the committee.
He explained that the plots belonged to state government institutions but were allocated to individuals.
Tijjani-Baba further explained that 89 plots out of the number belonged to Bauchi State College for Arts and Science but allocated to individuals in the name of “curved outs”.
He explained that eight plots were also curved out at the premises of Bauchi State Agricultural Development Programme and allocated to individuals.
“We have also recovered the 89 hectare land worth N650 million along Bauchi to Gombe Road and served 33 occupants of government houses at Gubi with notices to pay off their bills.
“We have also served those who bought government houses at Tambari Housing Estate to pay off their outstanding balances within two weeks,” the chairman said.
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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