Business
Construction Expert Bemoans Influx Of Substandard Blocks
A construction expert, Mr Kunle Awobodu, has called on the Standards Organisation of Nigeria (SON) and Lagos State Building Control Agency (LASBCA) to start monitoring sandcrete block production to avert building collapse.
Awobodu, the National President of Building Collapse Prevention Guild (BCPG), said that the rate at which substandard sandcrete blocks flooded the building construction market was worrisome.
He spoke to newsmen in Lagos, yesterday.
“It will be suicidal to ignore the effect of using substandard blocks for the majority of Nigerian buildings,’’ he said.
According to him, the danger inherent in the use of low quality blocks for building has become a source of concern for construction professionals, who will not want their reputation dented.
Awobodu said that lack of regulation in the production of blocks contributed much to building collapse.
“Block-making has become an all-comers affair. The machine for manufacturing blocks is easily fabricated in all nooks and crannies without strict specifications and standards.
“There is no monitoring system for the quality of sand and water being used for block production. The mix ratio varies widely.
“In the past, a 50kg bag of cement was being used to produce 25 blocks of 225mm (9 inches) size, but nowadays, a 50kg bag of cement produces as many as 45 blocks of 225mm size,” he said.
Awobodu said that increase in the cost of producing blocks due to hike in the prices of cement and other production variables encouraged compromise in the quality of blocks.
“However, the sharp practices are surmountable with the efforts of the LASBCA, SON and other relevant bodies.
“Once these regulatory authorities start strict monitoring of block production and sanctioning of defaulters, production of substandard blocks will stop,” he 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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