Business
‘Nigeria Produces 65% Seeds Used In W’Africa’
Director General of National Seeds Council of Nigeria (NASC), Philip Olusegun, says 65 per cent of seeds used in West Africa are produced from Nigeria.
Olusegun disclosed this in Kano when he paid a courtesy visit to Governor Abdullahi Ganduje at Government House, Kano, Wednesday.
He also said that 60 per cent of the seeds used in Nigeria were from Kano State.
He added that “60 per cent of seeds used in the country are from Kano State and most of the seed producing companies ýave state of the art processing facilities.”
The general manager urged Gov. Ganduje to inaugurate an e-seed planning committee in the state to help farmers to have access to quality seeds.
He said he would do the needful for farmers in the state to have access to quality seeds, noting that “from now on, we will make sure that Nigerian farmers buy seeds from accredited dealers.”
He said the NASC team was in Kano State to sensitise farmers and stakeholders on use of better seedlings.
Responding, Ganduje said agriculture was the answer to Nigeria’s economic development, in line with the diversification agenda of Federal Government.
He added that “we have invested so much in agriculture; we have succeeded in convincing farmers that now is their time because agriculture is the answer to the economic development of Nigeria.”
The governor said farmers in the country were left on their own and most could not differentiate between good and bad seed, noting, however, that “with good seeds, our farmers ýcan get what they get in 10 years in one year.”
Ganduje added that the Kano State Government recruited 700 extension workers to boost agriculture in the state.
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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