Business
Agric Scientist tasks farmers on natural manure
An Agricultural scientist,
Dr Seyi Fadugba, says manure from animals droppings and compost process remains the most valuable properties for soil fertility.
Fadubga, who is the Chief Executive Officer of Fadugba-Agro Laboratory Nig Ltd, said this in an interview with newsmen in Abuja, recently.
He said strict adherence to the simple shifting cultivation could also help to retain soil fertility without leaving poisonous properties in it.
He, therefore, said there was the need to promote the application of natural properties in soil rather than depending on ‘quick fix’ approaches.
“It could be a dis-service to frontally kick against the use of fertilizers on the soil; Our farmers must begin to go back the traditional approaches mention above.
“The fact remains that fertilizers are just temporary measures being misapplied to hurt soil organisms that were meant to support plants growth.
“Those in the agro-allied venture may contemplate investing in building natural manure farms for sale of the products,’’ he said.
According to him, the natural manure could compel some soil properties to produce humus soil.
The Agricultural Scientist said the misapplication of the artificial elements from fertilizers had long term effects on soil, plants and human.
On the export embargo placed on some of the produce by European Union, Fadugaba said the Federal Government must spring to action to reverse the trend.
According to him, the Ministry of Agriculture and Rural Development has the mandate to compel farmers and exporters to adhere strictly to agriculture value-chain.
The EU embargo hinges on inadequate compliance to international standard by farmers and exporters of the produce.
“What was the contention?, they have accused us of uncontrolled application of pesticides to those crops in farms and at the point of exporting them.
“There are standard ways to preserve crops. In fact, the best way would be to promote natural processes. If the fertility of the soil is boosted well enough, the application of fertilizers and pesticides would be minimal,’’ Fadugba 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.
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