Business
RSG Empowers 180 Fadama Groups With N529m
The Rivers State
Government has empowered 180 Fadama Community Associations with the sum of N529,580,811 for various farming activities.
The State Governor, Rt. Hon. Chibuike Rotimi Amaechi who disclosed this during this year’s World Food day in Port Harcourt, said that N95,954,358 was also disbured for the construction of 38 boreholes in 18 communiteis across the state.
The Governor who was represented by the Commissioner for Agriculture, Mr. Emmanuel Chindah, also said that 200 ton capacity cold rooms and 360 modern markets were constructed in 18 communities while 75 kilometres of road were built in 15 communities in the state.
He described the theme of the celebration which is “sustainable Food systems for Food security and Nutrition” as appropriate, pointing out that, it was chosen to highlight the role of food and nutrition in the value chain towards eradicating extreme hunger and poverty in the country.
The Governor said that Government is also making sure that its policies are aligned to boost the on-going Transformation Agenda in the Agricultural sector by creating a conducive macro-economic climate that stimulates private sector investment in Agriculture and Rural Development and disclosed that more than 50,000 farmers have been registered in the growth Enhancement Scheme (GES).
In his address, the Commissioner for Agriculture Mr. Emmanuel Chindah, described good nutrition as key to developing and maintaining good health.
The Commissioner whose address was read by the Permanent Secretary in the Ministry, Dr. Alex Hart assured that government will continue to help small scale farmers to produce more Food and increase their income.
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.
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