Business
FAO Distributes Rice Seeds To Farmers
The Food and Agricultural Organisation (FAO), in collaboration with Africa Rice Nigeria has distributed 51 bags of improved rice seeds to 50 farmers in Anambra State to boost production.
FAO National Project Coordinator, Rice Value Chain Mr Andrew Ikhadeunu told newsmen in Awka last Monday, that the beneficiaries were earlier selected and trained in February.
“They were given demonstration plots for planting. Now they have harvested, we are following it up with the improved seeds of 51 bags of rice for them,’’ he said.
Ikhadeunu said that the aim was to support the Federal Ministry of Agriculture and Rural Development, which is the facilitator of the programme to empower rice farmers in the state.
“There is need for us to come out of hunger. If we are to put an end to massive rice importation, there is need to empower some Nigerians with such intervention programme.
’’We look at it that there is need for us to support the farmers. We look at the states that have potentials, and Anambra state is one of them,’’ he said.
According to him, other benefiting states in the programme are Abia, Ekiti, Edo, Nassarawa and Jigawa.
He urged the beneficiaries to resist the temptation of selling the rice seeds, adding, ”what you have is the best and with your cooperation, we can achieve food sufficiency in the country.
“You are the ones who will sustain the economy and create jobs for the teeming populace.”
Regional Representative of Africa Rice Nigeria, Dr Francis Nwilene, said that the target was for each state of Nigeria to be self sufficient in rice production. Nwilene, who was represented by Mr Jide Oladejo, one of the scientists in FAO, said that the major challenges of rice production in Nigeria were impurities. He said that each rice seed variety should have the characteristic called “DUS’’ meaning distinct, uniform and staple.
“The programme will help to reduce importation of rice to each state, empowering the farmers and reduction of hunger and poverty,’’ he said.
The State Director of Federal Ministry of Agriculture and Rural Development, Mr Pius Ogbonna, said that the farmers’ testimony had shown that the programme was a boost to efforts at ensuring food security.
“It is a welcome development for the youths and women to be busy in life,’’ he said. Ogbonna called for timely supply of seeds, fertilizer, chemicals and machines to farmers.
Mrs Ngozi Ebuo, leader of Awka cluster, commended the donors for the gesture, assuring that the rice seeds would be used judiciously.
She said that their participation the training had further opened windows of opportunity for them to excel in rice production and empowerment.
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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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