Business
Edo Farmers Decry Dearth Of Fertilisers
Farmers in Edo State, have decried the unavailability of
fertilisers for their use, in spite of the operation of e-wallet system of
distribution of the commodity as recently introduced by Federal Government.
They lamented that they had been without the
crop-enhancement farming input since the commencement of the current farming
season, noting that they had gone through 95 per cent of the season’s
activities without the fertilisers.
Coordinator of All Farmers Association of Nigeria (AFAN) in
Edo North senatorial district, Alhaji Mohammed Abdulahi, told our correspondent
in Auchi, that the situation was discouraging to the farmers.
“We are in August and I can tell you that no farmer in this
state has received one grain of fertiliser and we are at a loss on what to do”,
he lamented.
He said that the e-wallet system, which the government said
would be effective and timely in the distribution of the product, had failed to
meet the expectations of farmers in the state.
Mohammed, who, however, lauded the e-wallet system, remarked
that many factors were not considered in its formulation.
He said that people who the e-wallet system was meant for
were not carried along while the policy was being formulated.
“When formulating a policy, government should always take
into account the people whom such policy is meant for by planning with them and
not planning for them”, he stated.
He admitted that some farmers in the area got phone alerts,
which directed them to places where they could find fertilisers, but that the
addresses given in the alert messages were “fake”.
According to him, the place we were asked to go for our
fertilisers was a residential building in Auchi and not a warehouse as one
expected and of course, the product was not in the premises.
“We were happy when we got the alert and we immediately
rushed to the address, but to our surprise the address was not only
residential, there was nobody in the building who knew about any plan to
distribute fertiliser there.
“I have personally visited and re-visited the place to be
sure we were not wrong.
“The painful aspect is that there is nobody to reach or
discuss with on this issue in case of this type of problem, as the alert did
not contain any telephone number.
“I even went to the state ministry of agriculture where I
met the commissioner and his response was that the state was not involved in
the new fertiliser distribution system”, he said.
Business
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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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