Business
FG Delivers 16,000 Houses In 2 Years -Pepple
The Federal Government has said that it had delivered a total of 16,447 housing units in two years.
The Minister of Lands and Housing, Ms. Amal Pepple, said this at the 2013 Ministerial Platform in Abuja.
According to her, the projects were achieved through the various interventions of the Federal Mortgage Bank and the Federal Housing Authority.
“In housing delivery, we have delivered a total of 16, 447 houses made up of 238 housing units under our prototype housing scheme.
“The prototype housing scheme is primarily for civil servants and that is the only housing scheme in which we are giving a little money in the budget, yearly; we have delivered 2009 houses under the PPP contractor financing scheme.’’
She said the achievements were in line with the presidents’ Transformation Agenda to curb the 16 million housing deficit.
Pepple said 238 housing units were under the prototype housing scheme while 2009 housing units were under the Public-Private Partnership.
She said the FHA had delivered 1,756 houses and 4934 constructed by the Federal Mortgage Bank.
She said that 7,510 were built through estate development loans provided by the FMBN.
Pepple said that the projects were spread across the six geo political zones of the country.
The minister said the ministry’s achievements also included the review and update of the national building code which, she noted, was in the process of being passed into law by the House of Representatives.
She also said the national housing policy and the national urban development policy were approved in June 20, 2012 by the Federal Executive Council (FEC).
“The policies will position the housing sector as one prime driver of socio – economic development, including job creation and accelerated national transformation.“
On land administration, she said 2,667 Certificate of Ocupancy were granted,1,651 consent granted for the transfer of land titles and 3,787 serviced plots created through the ministry.
Pepple said efforts were being intensified to update the land data -base management and processing system in the country.
She said discussions were on going with all the state governors to reduce the cost of Land title applicants and turnaround time to approve land application in order to bring down the prices of housing for the citizenry.
Reports say that heads of agencies under the ministry participated at the forum.
Some specialised agencies and parastatal are scheduled to make presentations on Friday’s edition of the forum.
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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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