Business
NAFDAC To Fight Food-Borne Hazards
The National Agency for
Food and Drug Administration and Control (NAFDAC), has expressed commitment to fighting food-borne hazards at every stage of the food chain in the country.
The Director-General of the agency, Dr Pual Orhii, gave the assurance in Ibadan while declaring open, an awareness workshop for farmers and manufacturers and importers of veterinary medicines, pesticides and animal feeds.
The NAFDAC chief was represented by the NAFDAC Director of Veterinary Medicine and Allied Products, Dr Musa Umar.
He said that the workshop was aimed at creating awareness on the need to produce safe food through safe use of veterinary medicines, pesticides and animal feeds.
According to him, the agency created the directorate of veterinary medicine and allied products in order to effectively control food-borne hazards at every stage of the food chain.
“The management of the agency in the past concentrated its efforts on winning the fight against counterfeit, fake and substandard medicines.
“Having achieved a considerable level of success in this fight, it has become necessary for the agency to focus on other aspects of control of regulated products.
“Safe and responsible use of veterinary medicines and pesticides should not end with registration,’’ he said.
“This points to the fact that farmers, who are the custodians of our animal protein sources, do not care about withdrawal periods as indicated on the labels of drugs and vaccines they use,’’ Orhii alleged.
“I strongly believed that, by the end of this workshop, such an unacceptable practice will become a thing of the past,’’ he said.
The Oyo State Coordinator of NAFDAC, Rev. Benjamin Haruna, said that the workshop was aimed at getting full cooperation and commitment of stakeholders to human and animal health.
The workshop drew participants from all the South-West states.
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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