Business
FG Registers 2.5m Farmers Nationwide
The Federal Government says it has so far registered more than 2.5 million farmers under its farmers’ census exercise nationwide. The Director, Federal Department of Rural Development, Mr Daniel Da-oud, disclosed this in Abuja on Monday.
Daoud said that the data had been captured in the ongoing nationwide farmers registration exercise. He reiterated Federal Government’s readiness to provide the farmers with adequate farm inputs to support them and boost agricultural production.
He said no fewer than eight million forms were distributed to all the states of the federation and FCT for the registration exercise. The director explained that the target was to register five million farmers yearly, so that by 2015, at least 20 million of them would have been registered.
Daoud gave assurance that the exercise would ensure that all the small scale farmers captured received adequate support.
The farmers are expected to be registered through the Electronic Wallet (e-Wallet) Growth Enhancement Programme under the Agricultural Transformation Agenda policy.
The E-Wallet system is a scheme where the farmer gets a telephone alert on the quantity of fertilizers and other inputs allocated to him or her with the access pin number at a designated agro-dealer centre.
Daoud said the system had been tested in some pilot states to know the challenges and that government was working towards perfecting the programme owing to the lapses that were identified during the test run.
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
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