Business
10,000 Farmers Benefit From e-Wallet Scheme In Jigawa
An estimated 10,075 farmers benefited from the Federal Government’s e-wallet fertiliser distribution scheme in Jigawa during the last cropping season.
Alhaji Idris Danzomo, the Permanent Secretary in the state’s Ministry of Agriculture, stated this while inspecting the distribution of 7,200 tonnes of fertilisers to dry season farmers at Auyo in Jigawa on Tuesday.
Danzomo said that 10,075 out of a total of 10,116 farmers, who applied for the fertiliser under the Gross Enhancement Support (GES) programme benefited from the scheme.
He said, “The Gross Enhancement Support (GES) programme, in other words, called voucher system started this year and Jigawa State participated during the last rainy season.
“The programme was successfully conducted with 10,075 farmers receiving two bags of fertiliser each at 50 per cent subsidy with overall success of 92 per cent,” Danzomo said.
He said that the Federal Government had also allocated 7,200 tonnes of fertilisers for distribution to rice farmers during the current dry season in the state.
The permanent secretary explained that the fertilisers would be sold at 50 per cent subsidised rate.
Danzomo said that some 2,400 tonnes of improved rice seeds would also be provided free to the participating farmers.
According to him, the Federal Government has earmarked 48,000 hectares of rice plantation for cultivation this dry season across the state.
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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