Business
Yakowa Urges Farm Produce Markets
Governor Patrick Yakowa of Kaduna State, has appealed to the Federal Government to create ready farm produce markets.
Yakowa made the appeal when the Minister of State for Agriculture, Alhaji Bukar Tijjani, paid him a courtesy visit as part of activities marking the distribution of fertiliser and seeds to farmers in the state.
He said that the lack of ready farm produce markets was a setback to the development of the agricultural sector in the country.
Represented by his deputy, Alhaji Ramalan Yero, the governor underscored the importance of linkage between farmers and large industrial buyers, saying that it would boost farmers’ productivity and engender long-term business opportunities.
He also advised the government to concentrate more on the establishment of commodity markets rather than the procurement and distribution of fertiliser.
“If there is a good market, many farmers will not bother themselves about the issue of fertiliser; they can go anywhere to procure the fertiliser.
“If government can guarantee the market, farmers can produce and sell directly to buyers and thereby eliminate third party in the process.”
Yakowa appealed to the government to encourage agricultural programmes and schemes that would equip farmers with skills, to enable them to produce more and increase their profitability.
“ We are lacking in the area of extension services to farmers. They need to be educated on how to get better yields from their produce.’’
He also urged the Federal Government to improve on the quality of seeds distributed to farmers for more productivity and profits.
Tijjani said the fertiliser and seed distribution would be decentralised and deregulated as part of the Agricultural Transformation Agenda.
He said the government was working towards ensuring food security through the development of the agricultural value chain and assisting farmers.
He commended the state government and farmers for their interest in the sector.
Tijjani noted that Lere and Saminaka local governments were among the world’s largest maize producers with over 14 tonnes per hectare.
The minister said the government was encouraging more production by making funds accessible and linking them to various associations to boost their productivity.
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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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