Business
Institute Seeks Intervention On Use Of Local Technologies
The Institute for Agricultural Research (IAR), Zaria, has appealed to the Federal Government to create the enabling environment for the mass production of its research products and technologies.
Prof. Balarabe Tanimu, the Director of the institute, made the appeal on Thursday in Zaria , Kaduna State, while fielding questions from newsmen.
Tanimu said such initiative would not only enhance mass production, but would also generate employment opportunities for the teeming unemployed citizens.
He pledged that the institute would work assiduously on relevant technologies and engage in research to complement government’s efforts to attain the objectives of Vision 20:2020.
He said several prototype machines had been developed in the institute over the years.
“Our team of engineers had over the years, successfully designed and constructed prototype machines for the threshing of sorghum and millet.
”Also, a prototype machine for ridge planting of cereals was constructed. Both prototype machines are currently undergoing extensive evaluation for optimum performance.
”This is with a view to reducing drudgery in agricultural production and processing of farm products,” he said.
The director said the institute had developed the ‘IAR solar dryer’ which was introduced to tomato farmers to curtail the heavy losses they experience.
According to him, the institute last year, successfully carried out the demonstration of the use of a “life-size energy-saving Tomato Forced Conservation Dryer” at Kwanan-Gafan, Kano State.
He said that several farmers in the area showed interest in the technology.
The director further said that the institute had taken some “bold” steps to assist farmers affected by flood, drought and lead poisoning in states within its jurisdiction.
According to him, last year, the institute dispatched some experts to carry out surveys of the affected areas with a view to recommending practical solutions address the challenges.
He said that the efforts of the institute were aimed at alleviating the plight of farmers.
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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.
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