Business
NIA Boss Tasks ARCON On Discipline
The Nigerian Institute of Architects (NIA), and its regulatory body, Architects’ Registration Council of Nigeria(ARCON), have been charged with the responsibility of instilling discipline and ensuring high professional standards in the practice of architecture if architects must remain relevant within the sub- sector of the construction industry, as well as be abreast with developmental issues that border on transparency and discipline among members.
President, Nigerian Institute of Architects, Festus Adibe Njoku, who gave the charge at the Institute’s National Secretariat, Abuja, during a media parley recently, noted that the achievement of the institute and ARCON, since their inception, no doubt, speaks volumes, urging the two arms of the profession to break new grounds on some areas that are pertinent to the growth of architecture profession in Nigeria.
Meanwhile, NIA president has disclosed that his institute has commenced work on a Nigerian affordable housing project for the common man, using local materials in order to make the houses affordable for the low income earning group in the country.
Making the disclosure in Abuja recently, Njoku said: “We want to build a sample in Abuja. The walls might be made of mud and not blocks but when it is plastered and painted, nobody will know the difference.
We want people to know that they can build a house with local materials without spending too much. The materials will stand the test of time.
We will solve the problem of high cost of building for the poor man. It is the best approach to solving housing deficit in Nigeria.” Njoku, who lamented erosion of standards among architects, tasked ARCON to check the trend and instill discipline in the profession not minding whose ox is gored.
He said: “The Institute will channel its energy towards the issue of discipline in the practice. This is one hydra-headed monster that has been gradually eating deep into the fabric of this profession.”
According to Njoku, the need to infuse discipline, professional ethics and transparency in the process therefore calls for concerted efforts by NIA and ARCON, if practitioners are not only to remain afloat in the profession, but to ensure professional standards in the practice.
Commenting on the necessity for collaboration with the Federal Government, state governments, their agencies and institutions such as the political class as well as local and international relevant consultancy associations for the much-needed synergy that would facilitate the desired built environment on sustainable basis, NIA boss said there is need for continuous parley and interaction with mass media more than ever before to showcase interventionist programmes and achievements to the public.
On job creation, he said: “Job creation is one area that NIA more than any other body in the built environment profession, has greater responsibility.
A lot of young architects graduate from institutions of higher learning every year, and most of them end up joining others already in the job market. I therefore enjoin professional architects to use all machineries at their disposal to create job opportunities for our teeming young professionals.”
The president said there is need for continuous education of its members and public enlightenment on their responsibilities to the policymakers, sister associations and the general public.
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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