Business
Stable Food Production: Agriculturist Harps On Irrigation
An agriculturist, Mr
Louis Ahagbuje has urged the Federal Government to explore its vast water potential for irrigation, to ensure food security and steady food.
Ahagbuje, a consultant in agricultural extention services who made this known in a chat with The Tide in Port Harcourt, said that irrigation was a key element influencing agriculture in any country.
He said that irrigational operations would not be sustainable in the country without a viable policy in place.
“The country’s substantial potential for irrigated agriculture using the existing network of over 200 dams in addition to vast rivers and lakes in Nigeria, present a huge opportunity to boost agricultural production”, he said.
The agricultural expert said, “This is a major justification for irrigation and water resources management in Nigeria and I am advocating for practitioners and authorities to increase and sustain their investment in irrigation”.
According to him, the irrigation policy is critical to the achieving of the goals of Nigeria’s Vision 20:2020 as well as the goal of the Transformation Agenda.
He said, “we are encouraged by the continuing efforts and advocacy of the Federal Government for agricultural and irrigation development, but a legal framework would play the rightful role in reducing rain fed agricultural system”.
Ahabuje, however, urged other government agencies and the Federal Ministry of Water Resources to seek the cooperation of some international agencies like the Food and Agricultural Organisation (FAO) in fine tuning the irrigation policy for sustainable food production.
Corlins Walter
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.
