Business
Network To Establish Cassava Processing Plant In Ogoniland
Buoyed by the need to provide livelihoods and empower the youths, the Stakeholders Democratic Network (SDN), says it is setting up a cassava processing plant in Ogoniland in Rivers State.
The Senior Project Officer of SDN, Mr Jesse Manufor, who dropped this hint during the passing out ceremony of 15 Ogoni youths who underwent training in fabrication and welding of cassava process machines at the International Institute of Tropical Agriculture (IITA), Onne, yesterday said the cassava processing plant when established would assist the graduands in their agribusiness ventures.
Manufor said the choice of cassava was well-thought out as the crop is a staple for most Nigerians, stressing that the network started the initiative of providing livelihoods to the youth over a year ago, as its empowerment concept has gradually been transformed to reality.
He thanked the Hydrocarbon Pollution Remediation Project (HYPREP) and IITA for their collaboration to successfully train the 15 Ogoni youths in fabrication and welding of cassava processing machines.
Also speaking at the occasion, HYPREP’s Project coordinator, Dr Marvin Dekil said in a triparte collaboration with SDN and IITA, it developed the template for the training of the Ogoni youths, contending that it was the first lift in implementing one of the recommendations of the UNEFP Report to provide alternative livelihoods for the people in the oil spill impacted communities of Ogoniland.
Represented at the occasion by HYPREP’s Director of Legal Services, Mrs. Grace Ekanem, Dekil said the training which started in January had provided the trainees with skills in machine fabrication, which hitherto they did not have.
He also disclosed that the agency would ensure that the skills acquired are put to good use by setting up a cassava processing centre to enable them to generate income and also create economic hub for the Ogoni communities.
The project coordinator equally indicated that the agency would strive in providing welding kits to the trainees and urged them not to go solo but to form cooperatives in order to pool together the resources they would generate.
In his welcome remarks, the Head, IITA, Onne station, Mr Rchardson Okechukwu thanked HYPREP and SDN for sponsoring the livelihood training, assuring that the international agency would continue to partner with interested groups and individuals to empower the people.
Speaking on behalf of the trainees, Mr. Suano Pygbara and Sarah Lucky described their three-month stay at IITA as impactful and assured that the knowledge they acquired would be deployed to benefit the people of Ogoniland.
The highpoint of the event was the presentation of certificates to the trainees by the representative of HYPREP’s Project Coordinator, Mrs Grace Ekanem.
Donatus Ebi
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
