Business
FG Provides Subsidised Fertiliser To Farmers
The Federal Government
said that it had provided fertiliser at subsidised rate to more than 716, 000 farmers through its Growth Enhancement Scheme in the last two years.
President Goodluck Jonathan disclosed this at a rally organised in Kano last Tuesday to formally receive the former governor, Malam Ibrahim Shekarau, who defected to the PDP last year.
This, the president said was to boost rice and maize production in the state and country at large.
‘’In Kano State, 90 per cent of all registered farmers successfully received their subsidised fertilisers and seeds through the e-wallet system, which is the highest in the country,’’ he said.
Jonathan said that a total of 76, 000 tonnes of fertilisers were provided to the farmers in the state within the period under review.
This, the president was in addition to the 58, 000 tonnes of improved seeds of rice and maize, saying that efforts are geared towards improving agricultural production in the country.
He assured that the federal government would continue to support the production of wheat, rice and groundnut in order to make the country self sufficient.
The president called on people of the state to continue to support the federal government to enable it provide the necessary infrastructure in the state.
He said the PDP would work hard to reclaim power in Kano state in 2015.
“This is a rally to welcome the great leaders of Kano who are returning to the fold.
‘’The rally is also meant to unite the good people of Kano state under the umbrella of PDP and we are excited and will go with you to recover the Government House come 2015’’, he said.
Earlier in his remarks, the former governor, Mallam Ibrahim Shekarau promised to work for the success of the party in the state and the country at large.
“Let me reiterate my commitment to work together to promote sustainable development and ensure the improvement of infrastructure.
He had called on the federal government to come up with some empowerment programmes to enhance the socioeconomic status of the people, particularly the youths.
He commended the federal government for the various projects it executed including the renovation of the 16 Primary Health Centres across the state.
Business
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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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