Business
Gov Pledges To Promote Commercial Farming
Governor Abdulfatah Ahmed of Kwara State has expressed the determination of his administration to promote commercial farming in the state through various agricultural initiatives.
Ahmed made this known in Ilorin while declaring open “Go-Veg Initiative”, a programme organised by Kwara Agro Mall for vegetable farmers in the state.
The governor was represented by the state’s Commissioner for Information and Communications, Alhaji Mahmud Ajeigbe.
He said that the state House of Assembly had recently approved the state’s request to access N1 billion Central Bank of Nigeria’s (CBN) Commercial Agricultural Credit Scheme for 2017 farming season.
The scheme, Ahmed said would be implemented through the state’s Off-takers Demand-Driven Agriculture.
The governor said that the scheme would ensure that farmers’ produce were bought by processors and millers under an agreement mutually beneficial to farmers and the off-takers.
“This initiative is to increase farmers’ productivity, income, develop the value chain of our main crops, provide raw materials for our industries, promote food security, and create employment for our teeming youths.
“I urge you all to participate actively in this training workshop in order to acquire the relevant capacity needed to turn your small vegetable farms into income-generating ventures,” he said.
The governor lauded the Mall for organising the programme, saying it was a testimony and justification that intention and investment for establishment of the Agro Mall was noble and reasonable.
Wife of the State Governor, Mrs Omolewa Ahmed, in her remark, urged women to lead in agricultural initiative of the state so as to alleviate level of poverty among the women folks.
Amujo noted that the programme which is Private-Public sector driven, would also encourage healthy living and improve the living standard of smallholder farmers in the state.
Stakeholders at the programme in their goodwill messages urged youths and women to embrace farming as a way of creating wealth and also to feed the nation.
They described farming as the only sustainable means of livelihood and applauded the organisers for putting up the programme.
The Tide source gathered that the organiser, Kwara State Agro Mall provided the participants with farm inputs as gift to improve commercial vegetable farming in the state.
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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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