Business
Agriculture Vital To National Growth – FISON
Chairman of Fisheries Society of Nigeria (FISON) in Rivers State, Dr Awoterum George has described agriculture as the permanent key to national development and economic growth in Nigeria.
George told newsmen in Port Harcourt recently that the only way to avert food insecurity in the country was for the three tiers of government to encourage agriculture
He said that stable governments depended on food security, adding that the U.S. had remained a world power partly on account of its food security.
George, also a lecturer in Fishery Department of the Rivers State University of Science and Technology, Port Harcourt, advised the Federal Government to adequately fund research institutes across the country.
He said the funding would enable the institutions key into the emerging technologies.
The FISON chairman advised government to rely less on petroleum, which he said, was exhaustible.
He said that some oil wells in the Niger Delta were drying up.
George said that agriculture remained the only sustainable source of national income, noting that before the discovery of petroleum, the country was producing cocoa, groundnut, cotton, palm oil, among others, for export.
He urged Nigerians, especially the unemployed youths, to cash in on the fertility of the country’s soil, rather than seek for white collar jobs.
The FISON chairman said the nation’s population was on the increase without a corresponding increase in food production.
The lecturer expressed concern over the extinction of the “School to Land” programme of former Governor Fidelis Oyakhilome, saying that it brought about boom in food production.
Oyakhilome was the military governor of Rivers State between 1984 and 19876.
George said that the farmers were encouraged while the programme lasted, adding that a rebirth of the programme was being expected in this democratic dispensation.
He said that 60 to 70 per cent of income of residents in Port Harcourt was being spent on food.
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
-
News3 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 agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
-
Maritime3 days agoMARITIME JOURNALISTS TO HONOUR EX-NIWA MD,OYEBAMIJI OVER MEDIA SUPPORT
