Business
Fadama To Train, Empower 100 Rice Farmers
One hundred rice farmers will be trained and empowered under the Fadama III programme in Ogun State, Mr Oresile Oresegun, a Fadama community facilitator, has said.
Oresegun disclosed this on Tuesday while speaking with The Tide source in Ijebu-Ode.
He said the training and empowerment programme was aimed at boosting rice production in the state.
He expressed the hope that at the end of the training, rice production would increase for local consumption and sale to neighbouring states.
“One of the problems we are facing in this country is food production as food produced by our farmers is not enough for our consumption.
“If farmers are well trained and provided with the necessary farm implements to work with, there will be increase in food production.
“If farmers will make use of the training and the implements given to them, it will certainly help to reduce the problem of food shortage in the state and the country at large,’’ he said.
Oresegun appealed to rice farmers who were yet to register with the Fadama programme to do so, if they wished to increase rice production.
He told The Tide source that more than 100 user groups had so far registered with the programme in Ijebu community.
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.
