Business
Customs Destroys N35m Imported Chicken
The Federal Operations Unit (FOU) Zone ‘C’ of the Nigeria Customs Service (NCS) in Owerri has destroyed goods with duty paid value of N35 million contained in a 1×40 ft trailer.
The Customs Area Controller in the zone, Mr Bukar Amajam who spoke to journalists in Owerri on Tuesday at the scene of the destruction, said his officers had been on the trail of the truck for three weeks following a tip off.
He said his men finally tracked down the vehicle at a stadium in Owerri, Imo State capital, last Sunday when all the items were confiscated with the help of sister agencies like NAFDAC, the Police and the Army.
Amajam expressed regret that in spite of efforts by customs to check smuggling, people were still bent on making quick money even at the detriment of other peoples’ live.
He said that the danger inherent in the consumption of imported poultry chicken included damage to human body organs.
“This 1×40 ft trailer load of frozen imported chicken is a huge loss to the owner.
“The danger in imported frozen chicken is the mode of preservation which is dangerous for human consumption.
“The chemical content used for the preservation can be dangerous to health,” he said.
The comptroller commended the sister agencies for their collaboration and pledged to continue to work with them to rid the state of smugglers.
Amajam said his men were better equipped, motivated and trained to track down smugglers and their collaborators at anytime and anywhere.
He advised smugglers to desist from the nefarious duties as they would always regret their actions.
Our source reports that the 1×40 trailer load contained thousands of bags of frozen chicken which had already started decomposing.
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.
Business
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