Business
Kano Wheat Farmers Cultivate 3,000 Hectares Of Irrigable Land
No fewer than 3,000 hect
ares of irrigable land is being cultivated by farmers in Kano state under the current dry season farming.
The Chairman, Wheat Farmers Association of Nigeria (WFAN), Alhaji Faruk Rabiu, disclosed this in an interview with newsmen in Kano.
He said with the increase in the number of hectares being cultivated this season, wheat farmers in the state were expected to produce 50,000 metric tonnes of the commodity.
However, he said the farmers were able to cultivate only 1,200 hectares last year due lack of government’s support.
“The farmers were able to produce only about 10,000 tonnes because of a number of challenges.
“The challenges include lack of government’s support and ready market for the produce,” he said.
He said many farmers who were discouraged with the business, had embraced wheat production this year because of government’s support.
According to him, there are more than 2,000 registered wheat farmers who did not get government’s support but yet planted this season.
He said besides the N100 million agricultural loan disbursed to wheat farmers, the association had secured N18.2 million loan from the Union Bank of Nigeria.
He said the loan was used in the purchase of a machine for cleaning, grading and sorting of the produce after harvest.
“We procure the machine to enable members process the commodity after harvest to the taste of companies that promised to purchase the commodity from us.
“The machine will be used in cleaning, grading and sorting the commodity to add value to it after harvest,” he said.
He also said that the state government had promised to provide wheat farmers with two combined harvesters in addition to 5,000 water pumping machines to be distributed to Fadama farmers.
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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