Business
Pollination Can Improve Agric Yields By 90%- Bee Keepers
Some bee keepers and farmers have said that beekeeping and pollination activities could improve agricultural yields by 90 per cent and contribute to food security in Nigeria.
The farmers, who gave the advice at a media engagement with Api-Exposition Africa 2018 Organising Committee in Abuja on Saturday, said that beekeeping could also provide employment opportunities for youths.
The media engagement was to avail journalists the opportunity to create awareness on the need for bee stakeholders to participate in the upcoming “ApiExpo 2018” slated for Abuja in September.
Mrs Obianuju Okpo, the National President, Women in Beekeeping, said that practicing and promoting bee-keeping was necessary to ensure food security and achievement of Sustainable Development Goals (SDGs) in Nigeria.
She said that the world beekeeping trade value according to the Food and Agriculture Organisation (FAO) stood at 450 billion dollars (N162 trillion) annually, while the pollination services were valued at 250 billion dollars (N90 trillion).
Okpo said that Ethiopia had a market share of 40,000 tonnes worth 255.3 million dollars in the world annual production of bee products especially honey.
She noted that the economic, health benefits of bees and its derivatives were enormous, adding that herbs produced across the world contained about 45 per cent of bee-products.
“Cashew can increase its yields by 212 per cent due to bee pollination,” she said.
The Leader, Mobilisation Team, Mr Oluwaseun Johnson, said that pollinators such as bees, birds and bats affect 35 per cent of worlds’ crops production.
He noted that bees pollinate apples, almonds, oranges, avocados, pumpkin and cucumber by 90 per cent, saying that fruits will be non-existent without the bees.
The Chairman of the ApiExpo Organising Committee, Dr Dooshima Kwange, said that Nigeria would host the 6th Edition of the ApiExpo Africa.
Kwange said that ApiExpo was a continental exposition organised by ApiTrade Africa to bring together every allied industry around the global beekeeping industry.
She expressed optimism that the exposition would help bring together bee stakeholders across the world with a view to promoting the potentials of the sub-sector.
“This meeting is to acquaint the media with information about apiculture sub-sector and its potentials for wealth creation, economic diversification and sustainable development, to reach bee farmers and stakeholders in the rural areas,” Kwange 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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