Business
Farmers Laud FG On Kaduna Dry Port
Some farmers in Zaria, Kaduna State have commended the Federal Government for the construction of an inland dry port in Kaduna, saying it will boost the country’s agricultural exports.
In separate interviews with The Tide source in Zaria, Friday, the farmers also lauded President Muhammadu Buhari for inaugurating the Kaduna Inland Dry Port last week.
One of the farmers, Malam Musa Dogara, said that the inland dry port was not only meant for the receipt and clearance of containers, adding that it was also meant for the exportation of goods to different parts of the world.
“Although we do not have the capacity to export, we are, however, happy that our farm produce can be exported with little or no hitches due to the proximity of the port.
“Besides, one does not need to go to Lagos to clear his or her imported goods. At the same time, exportation of goods will be carried out at the inland port,’’ he said.
Dogara, therefore, advised farmers and other business people in Northern Nigeria to take due advantage of the Kaduna Inland Dry Port by putting it into effective use.
Also speaking, Alhaji Haruna Sidi-Makarfi, a farmer in Makarfi, described the inauguration of the dry port as a morale booster to those who were involved in the agricultural business.
“You should remember that Nigeria started exporting yams last year and the yam export initiative has yielded some positive results.
“We hope with this new dry port, yam exports will receive a boost.
“Other farm produce can also be exported, in view of the fact that one does not need to travel far to be able to export his or her goods,’’ he said.
However, Mutawakkilu Rafinyashi, also a farmer, appealed to the Federal Government to establish more inland dry ports across the country to ease the citizens’ trouble of travelling long distances to the coastal ports for import and export transactions.
Malam Hamisu Abubakar, a resident of Zaria, said that the Kaduna dry port would not only assist exporters but would also create job opportunities for many citizens.
“Right now, if you visit the newly-inaugurated dry port, apart from the port workers, you will see different kinds of workers, ranging from food vendors, water sellers to labourers, among others, now operating there,’’ Abubakar 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.
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