Business
Council Wants Youths In Agric Sector
The Executive Secretary, Agricultural Research Council of Nigeria (ARCN),
Prof. Yusuf Abubakar, has stressed the need for more youths in agriculture, to replace ageing practising farmers.
Abubakar said this in Abuja last Wednesday at the opening ceremony of a sensitisation workshop organised for youths with the theme, ”Promoting Youth Involvement in Agricultural Research and Innovation”.
He said that the workshop was to create awareness and promote youth participation in nation building through agricultural research.
The executive secretary noted that agriculture plays an important role in the nation’s economy, serving as a source of food, raw materials for industries, foreign exchange earner ent.and generation of employment.
”Today, agriculture is facing numerous challenges amongst which are ageing farmers and researchers and the lack of young people to fill these gaps.
”This has created great concern for the Federal Government and the need to address the situation is now a primary responsibility of all actors within the agriculture sector.
He urged the participants at the workshop to work together and come up with concrete strategies and recommendations that would improve the involvement of youths in agricultural research and innovation.
In her remarks, the Director of Youth and to them in the sector.Gender at the council, Mrs Debora Ogbede, said the essence of the workshop was to unlock the potentials of the youths and make them realise the opportunities open to them in the sector.
She urged the youths to take advantage of the workshop and exploit the opportunities in the agriculture sector.
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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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