Business
MD Advocates Integrated Approach On Food Security
Prof. Paul Marley, Managing Director, Upper Niger River Basin Development Authority, has urged the Federal Government to adopt integrated approach in ensuring food security in the country.
He told newsmen on Tuesday in Abuja that achieving food security involved the integration of various processes.
Marley said that food security could be achieved by the provision of basic infrastructure to farmers.
He said the provision of improved seedlings and fertilisers were essential to increasing farmers output, and urged government to provide farmers with modern equipment to encourage them to engage in mechanised farming.
“You cannot expect people to go to school and come back and hold hoes and cutlass to farm; they will shy away from that kind of rudimentary agriculture.
“If we are able to mechanise our agricultural system, it will serve as impetus for the young ones to be interested in farming,” he said.
Marley also stressed the importance of research into post production techniques and improvement in post production technologies.
He noted with regret that even the small quantity of food produced by local farmers were not properly preserved and stored for local consumption and export.
“We need harvest and post harvest technologies that will make us store food for a period of time,” he added.
Marley identified the lack of finance as another important factor militating against the achievement of food security in Nigeria.
He stressed the need for government to provide finance, in form of loans or grants to local farmers to enable them to increase food production.
“If government can integrate all these processes, Nigeria will not only achieve food security, but export farm products,” he said.
In a related development, Marley has promised to use his wealth of experience to boost food production in the catchment areas of Upper Niger River Basin Development Authority (UNRBDA).
He is one of the newly appointed Managing Directors of the 12 River Basin Authorities in the country.
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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.
Business
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