Business
Food Production: FG To Employ 100,000 Graduates
Over 100,000 gradu
ates are to be employed by the Federal Government and drafted to farms in all local government councils across the country, as extension workers to help government actualise its food production drive.
Minister of Agriculture and Rural Development, Chief Audu Ogbe, made this known shortly after he inspected various Value Chain Development Programme, VCDP, Improved Agronimics Practice farms at Sumaka and Taraku in Guma and Gwer Local Government areas of Benue State.
Represented by his Senior Adviser, International Donor Partners, Mr. Auta Appeh, the minister said the initiatives were necessary because government “is doing everything to encourage our youths to take up farming as a business and not as a hobby.”
In his speech, National Programme Coordinator of the International Fund for Agricultural Development, IFAD-VCDP, Dr. Ameh Onoja, said the organisation had constructed roads, cleared farmlands and provided inputs through its matching grants to farmers to galvanise the sector.
Acting Ter Guma, Chief Gbor Igyo, urged government to urgently provide tractors and other farming implements and inputs to farmers if the food sufficiency campaign of the present administration would become a reality.
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
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