Business
FG Distributes Fertiliser To Farmers
The Federal Government has begun the distribution of 7, 200 tonnes of fertiliser to farmers in Jigawa as part of efforts to accelerate paddy rice production.
Governor Sule Lamido disclosed this while inaugurating the distribution of the commodity in Auyo, Auyo Local Government Area of the state, recently.
He said the gesture was part of palliative measures adopted by the government to assist farmers affected by the recent flood and boost rice production.
The governor, who was represented by the Commissioner for Agriculture, Alhaji Rabiu Isa, said more than 48, 000 hectares of farmlands across the state were earmarked for the cultivation of rice during the dry season.
He said 2,400 improved rice seedlings would be given free to the farmers, adding that fertiliser and other agricultural inputs would be sold to the farmers at subsidised rates.
Lamido said that each farmer would receive three bags of the commodity, adding that “Paddy rice production is aimed to boost rice production in Nigeria and improve the living and economic status of Fadama farmers through two-season rice production.
“It will also help farmers to cut the production cost of rice by the incentive given in the package”.
The package will provide each farmer willing to produce dry season paddy rice with three bags of fertiliser at 50 per cent subsidy and 50 kg free improved rice seeds per hectare.
“In addition there is an option to each farmer to also have micro nutrients called agroliser, two kilogrammes at 50 per cent subsidy.”
He said the state government had released N112 million to provide support to the farmers and enhance irrigation activities.
Also speaking at the event, the Minister of Agriculture, Mr Akinwunmi Adesina, said the fertliser distribution effort was part of a comprehensive set of palliative measures to assuage the sufferings of the farmers affected by the recent flood across the country.
The minister, who was represented by Alhaji Usman Dunama, the Director, Green House in the Ministry, said the ministry had worked out modalities to support farmers and ensure the effective use of water resources to enhance agricultural activity and guarantee food security.
He urged farmers to form cooperatives to enable them to access agricultural facilities provided by the government, to enhance food production and ensure food security in the country.
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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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