Business
Registrar Explains High Survey Fees
The Registrar, Surveyors Council of Nigeria (SUCON), Mr Suleiman Hassan, has attributed the high fees charged by surveyors to the quality of their work.
Hassan told newsmen in Abuja on Tuesday that surveyors’ professional competency and experience make them highly expensive in the light of their numerous challenges.
He said that surveyors’ fees are always exorbitant in the construction industry because they are unwilling to compromise quality.
According to him, the end results of the services surveyors render to their clients more often than not encourage stakeholders in the construction industry to engage true professionals rather than quacks.
“The issue of charges depends on what you want to achieve, if you patronise a professional surveyor in view of the high charges you can always go back to him or her to ask questions.
“You are also sure if anything goes wrong there is always a place you can take him to, you can report him but if you patronise a quack the day he gives you your work plan he will leave that place, you won’t see him again.
“People that charge you higher are always ready to give you more; the issue of charges depends on how informed your client is.
“If I pay you small money it is for that service delivery you cannot come back to me later to either consult or ask questions and with this, you will find out that you have been short-changed.
He said that the council was doing its best to flush out quacks in the profession despite all the challenges, adding it will not rest on its oars until the menace of quackery has been brought under control.
The Tide source reports that land surveying in Lagos now costs as much as between N350, 000 and N650, 000 depending on location or site to be surveyed.
In Lagos Island, Eti-Osa, Ikeja and Papa, land surveying which used to cost N300, 000, is now going for N1million.
In Somolu, Alimoso, Mushin, Agege, Ibeju Lekki, Kosofe, Lagos Mainland, Amuwo Odofin Local Government Areas, where formerly pegged surveying cost of N180, 000 has now been hiked to N650, 000.
Hassan also identified paucity of fund as a major challenges hindering the effectiveness of the council to ensure physical monitoring and evaluation of its members and profession which is part of its mandate.
The registrar further said insufficient funding had limited the council’s ability to establish more zonal offices that will help in coordinating its activities.
“The major challenges facing the council are the issue of finances, because there are things that we need to do which proper funding has hindered us from doing.
“For example, we need to be on ground in every state to have our offices for effective monitoring, and effective evaluation of our members.
“We have offices in some states but it is not enough, we need more zonal offices,” he said.
The registrar said that the council was contemplating collaboration with other stakeholders to make sure registered surveyors adhere strictly to the code of conduct of the profession by doing the right things.
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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