Business
Farmers Co-operative Boss Seeks Revitalisation Of ADP
The President, Etche
Farmers Co-operative Union, Mr. Godwin Akandu has advocated for immediate revitalization of the Agricultural Development Programme (ADP) across the country as priority step in the Federal Government diversification of the economy.
Akandu who spoke in an interview yesterday with The Tide in Port Harcourt said, AP is crucial in equipping rural farmers with the technical knowhow that would improve in the national agric programmes.
However, he expressed regret that across the country, ADP offices appear to be forgotten and stressed that more attention need to be given to ADP.
Akandu said, in the Etche office of ADP, reptiles and other dangerous animals have taken over the office which according to him is now in midst of wild bush”.
“You the begin to wonder how this terrible situation can help Etche farmers”, he said.
He maintained that until agric sector is given due attention, the economic diversification initiative would not go far, in view of the so much potentials as regards employment, provision of food and curbing of youth related crimes in the society.
He commended the present administration led by President Goodluck Jonathan for its Agric Transformation Agenda (ATA), saying for the last 20 years no administration has given the high level of attention to farmers as the present administration.
“For past 20 years, hardly do you see fertilizer on ground because they are being controlled by the big shots who pose as monopolists”, he said adding that today with ATA, farmers get fertilizer at highly subsidized rate.
“Again, you see improved seedlings, fingerlings being distributed to farmers at little or no cost. I commend the ATA initiative and wish that it should be sustained by the Federal Government irrespective of who occupies the office of the Presidency”, he stated.
He expressed disappointment over the poor attitude of local government councils to agriculture in the country, saying it is regrettable that the third-tier of the government which should show more interest to farmers because of its proximity to the grassroots, is not doing enough for the growth of agriculture in Nigeria.
The farmers Co-operative boss attributed this poor situation to the lack of autonomy to the third tier and appealed to President Goodluck Jonathan and the National Assembly to do whatever possible to ensure that autonomy is granted the 774 local government areas of Nigeria.
Chris Oluoh
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.
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