Business
FAO Wants Planting Materials For Farmers
The Food and Agriculture Organisation (FAO) in Nigeria has urged the Ibadan-based National Institute for Horticulture (NIHORT) to continue to provide clean planting materials for farmers engaged in horticultural activities.
The FAO country Representative in Nigeria, Dr. Louise Setshwaolo made this known when she visited NIHORT Wednesday, to see the facilities in the FAO-funded tissue culture laboratory set up in the Institute.
The visit to the Institute was aimed at assessing the implementation was aimed at assessing the implementation of FAO’s plantain and Banana Project ongoing in the four states of Abia, Cross River, Delta and Oyo.
NIHORT had produced 26,000 plantain and Banana suckers distributed to farmers in participating states.
The FAO representative thanked the management of NIHORT for their collaboration on the project, saying that without their support, the project wouldn’t have achieved much.
“By this, we have laid the foundation for further collaboration. We believe NIHORT will continue to support states on the planting materials. In any area where you need FAO to cooperate with you, let us know,” she said.
Earlier, Dr. Babasola Adelaja, the Director of fruits and spices, who represented the Institute was playing a key role in the implementation of FAO’s plantain and Banana project.
While noting that some of the facilities for producing the suckers were domiciled in the Institute, Adelaja called for more areas of collaboration between the FAO and NIHORT.
For the FAO-funded labouratory, he said that the equipment the UN agency provided had helped to increase efficiency in the production of tissue culture for use by farmers.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
