Business
Association Wants FG To Support Farmers
The National President of
Federation of Cowpea (beans) Farmers, Processors and Marketers Association of Nigeria, has urged the Federal Government to provide seedlings and soft loans for farmers to boost agricultural production.
Mr Kabiru Mohammed, the newly elected national president of the association, made this call in Abuja, on Thursday, after the election of the national executives of the association.
Mohammed said to boost agriculture in the country, the Federal Government should provide soft loans and farm inputs to rural farmers and build factories where perishable commodities can be preserved.
He said the aims and objectives of the association are to promote the interest and welfare of cowpea in Nigeria and articulate their challenges through improved agricultural techniques and modern scientific methods of farming.
Others, he said, are to create awareness of the health and nutritional benefits of cowpea and promote the establishment of cowpea market in all beans growing towns and villages.
Mohammed said the country can provide up to three to four hundred billion tonnes of cowpea when properly managed.
According to him, the new executives would focus more on advocacy in the rural areas to enlighten farmers on storage and preservation.
“We will also teach farmers on how our forefathers used to store their beans with pepper.
“If you put pepper inside the beans, it can stay for a very long time without any insect affecting it,’’ Mohammed said.
Earlier, Director, Commodity Protection Inspectorate in the Ministry of Industry, Trade and Investment, Mrs Omololu Ope-Ewe, said the association would speak with one voice and assist government to make better policies on agriculture.
Ope-Ewe said the association would help to develop non-oil sector and make it competitive in the international market.
She said the country has the best type of beans in the world but due to non compliance to the insecticidal use, it was being rejected at the international market.
Ope-Ewe urged the association to ensure that only quality beans are imported to the international market to increase the country’s Gross Domestic Product.
Also, , National President, Federation of Agriculture Commodity Associations of Nigeria (FACAN), Mr Victor Iyama said the Federal Government can use agriculture to diversify the nation’s economy.
Iyama advised the association not to disappoint the country.
“If we develop our non-oil sector, the country can bring in 500 billion dollars yearly,’’ he said.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News4 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
