Business
Lagos Boosts Fish Farming Through Cooperatives
The Lagos State Commissioner of Agriculture and cooperatives, Mr Lawal Gbolahan, says the state is working with cooperative societies to assist fish farmers with fishing inputs to boost production.
Gbolahan disclosed this to our correspondent on the sideline of the first Seafood Festival in Lagos on Saturday.
He said that fishermen in the state had boosted their productivity since the state government began the Input Service Delivery Programme.
The commissioner said the aim of the festival was to provide fish farmers the platform to network and meet with fish processors and increase their income on the long run.
“This festival is to expose our fish farmers to a variety of opportunities in the business they do and to expand their market.
“We have the various processing associations present here; we have the institute of oceanography present here also.
“It is just to give the farmers an opportunity to meet with these people and discuss on how to expand their frontiers,” the commissioner said.
He said that farmers that needed outboard engines would only pay 60 per cent of the cost, while the state government would pay 40 per cent.
“Under the Input Service Delivery Programme, the fisherman will only pay 60 per cent of the total cost of the price of the outboard, while Lagos State will pay
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
-
Sports2 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports2 days agoAFCON: Lookman gives Nigeria third place
-
Sports2 days agoFulham Manager Eager To Receive Iwobi, Others
-
News2 days agoSERAP Sues Govs, FCT Minister Over Security Vote Spending
-
Niger Delta2 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
-
Sports2 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Editorial2 days agoBeyond Accessing Bonny By Road
-
Sports2 days agoMan of The Match award Excites Nwabali
