Business
3,000 Akwa Ibom Farmers To Benefit From GES Programme – Director
No fewer than 3,000 farm
ers in Akwa Ibom State would benefit from the Federal Government’s Growth Enhancement Support (GES) programme before the end of this year, an official said in Uyo.
The Federal Director in the state, Dr Peter Umanah made this known in an interview with newsmen.
Umanah said that 2,000 farmers would benefit from the oil palm value chain, while 1,000 others would benefit from the cocoa value chain programme.
“We have just concluded the generic GES scheme in the state. We are about to commence Value Chain GES programme.
“Under this scheme, we will focus on different commodities; and in Akwa Ibom, we are going to implement the oil palm value chain GES and about 2,000 farmers will benefit from this programme this year.
“We are going to implement cocoa value chain GES and about ,1000 farmers are targeted. They will receive free seedlings and other chemicals for their operation at subsidised rate.”
Umanah said that the programme would also be extended to the livestock sector such as goat, piggery and poultry ,to enhance food production in the country.
The director said that support for oil palm and cocoa farmers would commence this week, while poultry would commence next month and goat and piggery in November.
Umanah said that the government would also support aquaculture, adding that a consultative meeting would be held with stakeholders to educate them on the programme.
He gave an assurance that ongoing Agricultural Transformation Agenda enable the country achieve food sufficiency as well as reduction in importation of food.
According to him, a stakeholders consultative meeting preparatory to roll out the agenda for aquaculture value chain GES programme would soon be organised.
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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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