Business
Nigeria Meets International Targets On Hunger Eradication
The Food and Agriculture Organisation (FAO) has listed Nigeria among 38 countries that have met internationally-established targets in the fight against hunger, ahead of the 2015 MDGs deadline.
FAO Director-General José da Silva said, in a statement made available to newsmen in Addis Ababa, that these countries “are leading the way to a better future.“
“They are proof that with strong political will, coordination and cooperation, it is possible to achieve rapid and lasting reductions in hunger. “According to the statement, Nigeria is among the list of 20 countries that have met Millennium Development Goal (MDG) number one.
“Nigeria is among the countries that have halved the proportion of hungry people.
“The progress of the affected countries was measured between 1990 and 1992, 2010 and 2012, against benchmarks established by the international community at the UN General Assembly in 2000,“ the statement said.
The countries achieving MDG 1 alone were identified to include Algeria, Angola, Bangladesh, Benin, Brazil, Cambodia, Cameroon, Chile, Dominican Republic, Fiji, Honduras, Indonesia, Jordan, Malawi, Maldives, Niger, Nigeria, Panama, Togo and Uruguay.
The statement, however, said only 18 countries were able to achieve both MDG 1 and the more stringent World Food Summit (WFS) goal, having reduced by half the absolute number of undernourished people between 1990 and 1992, 2010 and 2012.
The WFS goal was set in 1996, when 180 nations met at FAO headquarters to discuss ways to end hunger.
The FAO listed the countries achieving both MDG 1 and the WFS to include Armenia, Azerbaijan, Cuba, Djibouti, Georgia, Ghana, Guyana, Kuwait, Kyrgyzstan, Nicaragua.
Others include Peru, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Thailand, Turkmenistan, Venezuela (Bolivarian Republic of) and Viet Nam.
Da Silva, however, said in spite of the success story, the state of food insecurity in the World 2012 report showed “that the vast majority of the hungry persons numbering about 852 million, live in developing countries, with Africa recording the highest cases.
He said the figure represented around 15 per cent of their population, while 16 million people are undernourished in developed countries.
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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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