Business
Rivers Farmers Bemoan Crop Losses To Thieves
Some farmers in Rivers State have raised alarm over the spate of thefts in their farms.
The farmers who cut across almost all the farming communities of Etche, Abua, Ekpeye, ONELGA and Ogoni amongst others in separate interviews with The Tide called on the Rivers State Government to take measures to check the ugly trend.
According to Mr Kingsley Iduku, a cassava and plantain farmer from Abua, the development was capable of discouraging farmers in the rural areas from engaging in farming.
He explained that, most times, his plantains were harvested before they got to maturity; a development he said had deprived him from enjoying the fruits of his labour.
Farmers in other parts of the state who spoke to The Tide claimed that the perpetrators could be the so-called repentant cultists that have been granted amnesty by the Rivers State Government.
According to them, the repentant cultists who are still in their communities are not engaged in any vocation.
“Every day they are seen idling away without going to the farm or doing anything for a living, yet they eat and dress well”, one farmer from Ahoada lamented.
Another farmer from Etche, who would not want his name in print claimed that the chiefs and elders knew those who were committing the crimes against the farmers.
According to him, the chiefs and inhabitants were still afraid of the culprits due to the latter’s high level connections.
However, an elder from Ula-Ehuda, Chief Ephraim Eze, who spoke to The Tide said the trend could lead to food crises in the state as some of the farmers are losing hope in going to the farm.
Business
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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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