Business
FG To End Hunger Among 13m Nigerians
The Nigerian Government has announced plans to expand the use of bio-fortified crops, such as pro-vitamin ‘A’ cassava and orange-flesh sweet potato to address the hunger situation being faced by some 13 million people.
Nigeria’s Minister of Agriculture and Rural Development, Dr Akinwunmi Adesina, gave the indication on Monday in Addis Ababa at the High Level Meeting of AU Heads of State and Government on “unified approach to end hunger in Africa by 2025.
The African Union, FAO and the Lula Institute jointly convened the meeting with a theme “unified approach to end hunger in Africa by 2025”, within the Comprehensive Africa Agriculture Development Programme (CAADP) framework.
Adesina said, “much progress is being made, we are mindful that we still have challenges of malnutrition and micro-nutrient deficiencies to tackle.
“Nigeria still has 13 million people suffering from hunger and malnutrition is still high”.
Adesina said that Nigeria had made good progress in the target set to produce an additional 3.2 million metric tonnes of rice paddy to attain self-sufficiency in rice by 2015.
“We have already unleashed a rice revolution in Nigeria and produced 1.8 million metric tonnes of rice paddy within two years.
“This is 55 per cent of the target set for 2015 as in the dry season of 2012 to 2013; we produced a record 1.1 million metric tonnes of rice.
“This created 460,000 jobs, especially for the youth. Farmers net incomes increased by an estimated 200 million dollars, creating wealth for farmers and their communities.”
According to him, Nigeria has ended the approach of taking agriculture as a development programme, saying “we treat agriculture as a business.
“We should not manage poverty with agriculture; we should create wealth through agriculture,” Adesina said.
He said in the past year, Nigeria had leveraged eight billion dollars in private sector investment commitments.
“In the past six months, we have received letters of private investment commitments worth 3.3 billion dollars.
The minister said Development Partners were supporting the Federal Government’s Agricultural Transformation. Agenda with more than two billion dollars in financial commitments from the World Bank, African Development Bank, DFID, Bill & Melinda Gates Foundation, IFAD, UNDP and USAID.
“In Nigeria, as long as any Nigerian goes to bed without food, our job is not complete.
“We will not relent until we end hunger in Nigeria. For the ‘democracy of the stomach‘ is the right of every Nigerian,” he said.
The minister said social transfer programmes, such as school feeding and conditional income transfers would be expanded.
He said the Federal Government’s save one million lives initiative programme would tackle child malnutrition through community-based management of acute malnutrition and integrated young child feeding programme.
“In 2012, over 400,000 severely malnourished under-five children were treated. We are also promoting exclusive breast feeding for infants through the age of six months.
“Nigeria welcomes the new Partnership for a Unified Approach to End Hunger.”
The minister noted that the experience of Brazil, under the leadership of former President Lula, clearly showed that where there is a will, there is a way.
We welcome the idea of the Africa Solidarity Trust Fund and are currently considering our possible role and contribution to the Fund.
The minister said government had embarked on reforms on fertiliser and seed policies to accelerate the access of millions of farmers to improved technologies.
“To better target our farmers and eliminate corruption in these sub-sectors, we developed an electronic wallet system of providing farm inputs to farmers using electronic vouchers on mobile phones.
“Nigeria is the first country in Africa to develop such a system. In 2012, we reached 1.5 million small scale farmers with the electronic wallet system. This improved food security for an additional 7.5 million persons within the farm households.”
He said Nigeria launched a national database for farmers, where 4.2 million farmers were registered last year, while 10 million farmers had so far been registered in 2013.
“We plan to provide 10 million farmers with seeds and fertilisers and assure food security for 50 million persons by 2015.’’
The meeting is being attended by some 15 AU Heads of States and Government as well as international experts on food security, non-state actors, Civil Society Organisations (CSOs) and Women groups in the agriculture sector.
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
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta4 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
