Business
ECOWAS Experts Parley On Livestock Dev
Experts on livestock farming, trade and security have begun a three-day meeting to validate the draft strategic action plan for the development of livestock farming in the ECOWAS region.
The plan seeks transformation and economic value addition to the cattle, meat and dairy sector to provide sustainable food security, reduce poverty and provide acceptable income to the people of the region.
A statement issued by the ECOWAS Commission in Abuja said the meeting was holding in Bamako in response to a mandate by regional ministers responsible for livestock development and trade.
According to the statement, the mandate requires that participants draw up a specific strategy for the development of livestock farming as part of the framework for the implementation of the ECOWAS Agricultural Policy (ECOWAP).
It also requires the Commission to carry out the work plan schedule adopted by the ministers in charge of livestock farming.
Part of the schedule is the strategic orientation of the ministerial request, regarded as advocating the promotion of a regional vision of livestock farming.
This is based on certain recommendations, including the need for capacity building of national and regional professional bodies.
It also includes the development of regional dairy organisations and professionals in the sector as well as institutional support for improved management and governance,’’ the release added.
The statement listed some recommendations including the justification for the ministerial mandate and strengthening of public veterinary services for the proper accomplishment of their regulatory mission.
It also pushed for support for the development of private veterinary services as well as the production, gradual processing and intensification of livestock farming systems, including semi-urban production.
The release called for improvement of feeds, health and breeding of West African domestic animals.
The statement said that participants were drawn from relevant ministries and agencies in member states.
Other participants are from NGOs, the African Union International Bureau of Animal Resources, FAO and World Animal Health Organisation.
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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