Business
Farmers Urge Early Release Of Farm Inputs
Farmers in Benue State
have urged the incoming administration to ensure early procurement and distribution of farm inputs to farmers to enhance food sufficiency in the country.
The farmers made this call in separate interviews with The Tide source in Makurdi, on Monday.
According to them, the late procurement and distribution of such farm inputs like fertilisers and seedlings should be discouraged.
Mr Vitalis Ayongo, a rice farmer, told reporters that in the previous years, they were supplied farm inputs late.
He explained that it was always having negative impact on their yields.
Ayongo said that the best time to make farm inputs available to farmers was before the commencement of the rainy season.
Mr Tyohuna Asue, a soybean farmer, said a situation whereby farm inputs were made available to farmers close to the end of rainy season was not good enough.
“This does not speak well of the government at all levels because it looks as if they were not giving agriculture the desired attention.
“This in turn negatively affects the outcome of farmers’ efforts during harvesting period,” he said.
Mrs Eunice Akase, a groundnut farmer, told resporters that the incoming government should reverse the trend to encourage farmers to increase food production, and to meet local and factory consumption.
Akase said that the incoming administration should make agriculture more attractive to encourage youths to venture into it, and thereby reducing unemployment.
Mr Titus Terwase, a yam farmer, appealed to the incoming government in the state and at the federal level to make agriculture their topmost priority.
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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