Business
Expert Urges Youth To Explore Opportunities In Bio-Fortified Crops
The Country Manager of
Harvestplus, an international NGO, Dr Paul Ilona, has called on youths to explore opportunities in bio-fortified crops in order to leverage on the Federal Government’s home-grown school feeding programme.
Ilona’s advice was contained in a statement issued by the organisation’s Communication Officer, Mr Ikechukwu Onyewuchi, and made available to newsmen in Ibadan.
It stated that Ilona made the call in Akwa-Ibom at the pro-vitamin A cassava pastry training programme for women sponsored by DFID, Market Development for Niger Delta (MADE) and Harvestplus.
According to the statement, Bio-fortified crops such as vitamin A cassava and vitamin A maize have been integrated into the programme to produce highly nutritious staples.
The statement said it was unfortunate that the average child mortality in Nigeria was 2, 300 everyday while 145 women die at child birth.
It added that every child and pregnant woman had the right to live.
“Without training, one will follow the bandwagon of failures, DFID, MADE do not want that, hence the investment in this training.
“Youths must be innovative and work hard to be successful,’’ the statement said.
The statement emphasised that if youths buy into the school-feeding programme, they would become pioneers because a new market would be open to them.
It stated that another advantage that would be got from these type of products were those that had been classified as low-glycemic index foods.
“It means unlike biscuits, those who have diabetes can take these products; the research on this has been completed and the studies published,’’ he said.
It stated that youths in Oyo State had invested in confectionaries and on the average make a net return of N15 per sachet. The model, it added, ensures business and economically viability. “As you are learning how to produce, you should also learn how to scale.
“ At DFID-MADE and HarvestPlus, is committed to creating a platform to ensure that you grow,’’ the statement said.
The statement also quoted the Gender Officer of MADE; Mrs Unyime Johnson, as saying that “the improved cassava variety has contributed immensely in uplifting households and providing a means of livelihood to many.’’
“Vitamin A Cassava has helped many people in the state.
“We are bringing together bakers in top hotels in the state to teach them how to make the best of the flour produced from the improved product,’’ the statement also quoted her as saying.
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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.
