Business
SON To Establish Laboratories In Six Geo-Political Zones
The Standards Organisation of Nigeria (SON) says it has concluded plans to establish laboratories in the six geo-opolitical zones for testing products and ensuring standardisation in the country.
The Special Assistant to the Director-General of SON, Mr Bola Fashina, disclosed this in an interview with newsmen, yesterday in Abuja.
According to Fashina, the organisation already has in its 2020 budget, plans to establish laboratories in the six zones to ensure that products met required standards for certification.
He said SON would ensure that products within each region could easily be tested at the regionally laboratories, instead of sending them to its laboratories in Lagos, Kaduna or Enugu.
“In the last four to five years, we have had a new laboratory complex consisting of about 36 laboratories in Ogba Industrial Estate in Lagos.
“A lot of laboratories there have already attained international accreditation.
“This is to ensure that the result of whatever test that is carried out there is acceptable globally,’’ he said.
Fashina noted that the establishment of the laboratories was aimed at supporting government’s Economic Recovery and Growth Plan (ERGP) to ensure that Nigerian products and produce were easily exported without rejection.
“Apart from these ones, we have other laboratories, namely textile and leather laboratory located in Kaduna, engineering laboratory in Enugu, and another laboratory in our operational headquarters in Lekki, Lagos.
The Head, Public Relations, SON, further said that a national centre was being constructed to take care of Nigeria and West African Metrology Institute to support industrialisation.
He explained that the centre would ensure accuracy of measurement in length, volume or mass, among others to ensure that manufacturing and trading were done with accuracy.
Fashina said that the centre would also ensure that machines used in manufacturing in the country were calibrated from time to time to ensure accuracy.
“It is an ongoing thing because laboratories evolve with technology as taste of people change all over the world and in view of the fact that standards now are not static.
“Standards all over the world are being harmonised at regional, international and continental levels, often times standards in food are usually coded standards.
“It is only in cases where such standards do not exist that you find new standards being developed for products that are just emerging.
“Once they are developed, it makes trading across borders very easy,’’ he said.
Fashina expressed SON’s commitment to continue to invest in developing laboratories in view of the implementation of African Continental Free Trade Area (AfCFTA) agreement.
Business
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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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