Business
Expert Urges Government To Invest More In Fishery
The Kaduna State Government has been urged to subsidise the cost of fish feeds to encourage individual investments in the development of fish farming in the state.
Assistant Director of Fishery, Kaduna Agricultural Development Project (KADP), Mr Abel Williams, made the appeal in an interview with newsmen in Kaduna.
Williams advised the government to make fish feeds easily accessible to farmers to help them sustain their production.
He said the demand for government’s support became imperative as fish farmers in the northern parts of the country were interested in buying into the emerging fish farming business.
Williams said that government should not allow fish feeds which, he noted, constituted about 70 per cent in fishery production, to impede the expanding employment opportunity.
“Most of our fish farmers’ farms are collapsing; they can’t compare themselves with those in the south.
“Fish farmers in the south have gone far; they have ways of producing their feeds,’’ he said.
Williams said that fish farming in Kaduna State would grow astronomically if the state government subsidised the cost of feeds or developed a programme for production of cheap feeds.
He also urged the state government to enhance the fish industry by building fish feed mills across the three senatorial zones of the state, and urged it to also assist in sustainable power supply to enhance storage.
“At least an alternative means of power should be provided in other to encourage fish farmers,” he said.
He said that the provision of resources and equipment would ensure positive development and improvement in fish production in the state.
Williams urged the government to domesticate the ideals of the just-concluded World Bank assisted Community Based Agriculture and Rural Development Project (CBRADP) that is design to address poverty in rural areas.
He called for the inclusion of 60 per cent funds for projects sustainability in all development programmes’ budget.
“If these programmes stop, what happens? Will the people go back to square one if the World Bank is funding a project for five years?
“It would not be the best to train someone to start something and stop along the line without achieving the targeted goal,’’ he said. (NAN)
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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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