Business
FG Solicits Support For Agric Transformation Agenda
The Federal Government has called on stakeholders in the agriculture to support its Agricultural Transformation Agenda to boost the sector’s perfiormance.
The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr Ezekiel Oyemomi, made the call in Enugu at the 39th regular meeting of the National Council on Agriculture.
Oyemomi explained that the transformation agenda would enhance productivity through the agricultural value chain approach, reforms in the management of input delivery and marketing of agricultural produce.
According to him, the meeting aims at developing implementable action plan toward realising the objectives of the agenda.
Oyeyomi disclosed that government had taken some far reaching policy decisions and urged the stakeholders to work toward the success of the programme.
Earlier in an address of welcome, Prof Martin Anikwe, the Enugu State Commissioner for Agriculture and Natural Resources, described the occasion as apt.
He said that the meeting was taking place at a time when the global food crisis had led to shortfalls in agricultural production, coupled with the rising commodity prices.
“Not only is food getting more expensive, but it is also becoming increasingly expensive to produce. The soaring price of fertiliser is a case in point,’’ Anikwe noted.
He emphasised the need for the country to build capacity to produce more food as the best way of achieving the Agricultural Transformation Agenda.
Our correspondent report that commissioners for agriculture, permanent secretaries, directors and the private sector participants from the 36 states of the federation and the FCT are attending the three-day meeting.
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.
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