Business
Kogi:FG Distributes Fertiliser, Chemicals To 1,000 Cassava Farmers
The Federal Government
in collaboration with the Kogi State Government, on Thursday commenced the distribution of 6,000 bags of fertilizer and herbicides to 1,000 cassava farmers in the state.
The distribution, which was flagged-off in Lokoja, was also in partnership with the Kogi Cluster Farms Development Union (KCFDU).
Mr Zacchaeus Atteh, the Commissioner for Agriculture, who was represented by the Director, Agricultural Services, Mr Dennis Okwoli, hailed the initiative, saying it would boost cassava production in the country.
Atteh said the state government would continue to support any project that would promote the wellbeing of rural farmers and enhance food security.
“It is a significant development in the country’s quest to achieving food sufficiency and wealth creation for real rural farmers,” he said.
In his address, the President of KCFDU, Mr Alfred Okeme, who was represented by the spokesman of the union, Mr Aaron Matthew, also appreciated the initiative, saying it would boost cassava production.
Mathew said each of the 1,000 farmers would get six bags of assorted fertilizers and four litres of herbicides.
He disclosed that over 165 farmers had received a loan of N160,000 each to boost their production capacity, and urged others that were yet to receive, to be patient as the disbursement was in batches.
Mr Suleiman Funmilayo, one of the beneficiaries from Kabba praised the federal and state governments for the free fertilizer and herbicides, saying it was the first of its kind in the state.
“We have never experienced this kind of assistance before, where fertilizers are given free and directly to farmers without any intermediary.
“We promise to use the fertilizer and the herbicides for the intended purposes,” Funmilayo said.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
