Business
Cassava Bread To Be Available Across Country Soon
The Director General,
Federal Institute of Industrial Research (FIIR), Dr Gloria Elemo, has said that cassava bread would be available across the country soon.
Elemo told newsmen in Abuja that all flour mills in the country had adopted the 10 per cent inclusion of high quality cassava in their flour for bread production.
“Cassava bread will be very much available especially with the policies that have been put in place; we are going to have the incorporation of cassava at the milling end.
“That will definitely make a difference because everybody will now have access to cassava bread.
“All flour millers have adopted the policy of incorporating 10 per cent of the high quality cassava flour at the production level.
“With this policy, any bread coming out of bakeries in Nigeria will definitely have cassava inclusion,’’ she said.
Elemo said cluster system was being organised and many people had already been grouped into small, medium scale enterprises of high quality cassava processors or factories.
She explained that enterprises were registered under the Nigerian Association of Cassava Processors, with the headquarters at the Federal Institute of Industrial Research.
The director-general said it was a well organised association that had influence across the country, saying that members of the association would have access to various governments’ intervention programmes to boost cassava bread.
‘’The Federal Government will also assist master bakers to get High Quality Cassava Flour (HQCF) at lower cost.
“Government was also committed to social marketing, amongst others to boost the production of cassava bread and cassava value chain,’’ she said.
Elemo said agriculture production and processing was being promoted by President Goodluck Jonathan’s administration, saying that nothing was greater than a country with food security.
In 2014, the Federal Government had signed a Memorandum of Understanding (MoU) with the Bank of Agriculture for N2.4 billion to boost cassava productivity and meet the country’s need for cassava bread.
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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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