Business
Bird Flu: Traders Lament Poor Sales In PH
Following the reported out
break of Avian Flu, otherwise known as bird flu, in Port Harcourt, traders have been complaining of poor sales of chicken and eggs.
The Tide correspondent who visited some of the markets in Port Harcourt at the weekend observed that the usual patronage during such periods was not there, as most of the dealers were seen relaxing in their shops.
It was further observed that those who retail such eggs were also complaining as they could not even sell a crate as at the time our correspondent visited the market.
Although, some of them said they were not aware of the outbreak of the diseases, but expressed optimism that they would have a good sale before the end of the day.
A business woman and manager of Inabel Frozen shop, Madam Inabel Okumbia said she had been recording poor sales of recent until one of her customers informed her that it was because of the reported cases of bird flu in the state and other parts of the country.
Okumbia noted that the outbreak had really affected her business, especially on chickens, as she went to market and loaded cartons of chicken into the shop.
She called on the government to take urgent steps to ensure that the diseases is contained urgently to save them from incurring losses.
Another dealer, Mrs Ibifaa Johnbull expressed dismay that the issue of bird flu is being reported in the country again, after being experienced a few years ago.
Johnbull, the owner of J and J frozen food investment said the outbreak of the avian flu in Port Harcourt had been very worrisome as it is affecting their market with poor patronage, and complained that most of her customers who used to purchase frozen chicken now prefer to buy fish and other frozen meats.
She also called for quick intervention by the government and other authorities concerned.
A petty trader on chicken parts in one of the markets, who only gave her name as Uloma, lamented over the poor patronage unlike before, stressing that buyers are also scared after hearing the outbreak of bird flu in the state, but that she has confidence that it would soon be over like the dreaded Ebola virus.
Meanwhile, the Rivers State Commissioner for Agriculture, Mr Emma Chinda, who announced the outbreak said hundreds of fowls infected by the avian flu had been killed in a private farm in Port Harcourt.
Chinda also disclosed that the farm had been quarantined and decontaminated, after samples of the flu were taken to the Veterinary Research Institute in Vom, Plateau State, enjoining the people of the state not to panic, as the state government is doing everything to contain the outbreak.
Collins Barasimeye
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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