Business
NGO Seeks Harmonisation Of Policies On Food Standards
A global non-profit organisation, Synergos Nigeria has called for the harmonisation and domestication of all Federal Government policies on food standards in codified form to facilitate their implementation.
A Consultant on Food Standards with Synergos Nigeria, Mr Gbenga Folaranmi made the call on Wednesday in Lokoja at a Validation Workshop on Standards, organised by Synergos for stakeholders in the agricultural sector.
He said that the call had become necessary as the current government policies in various contexts were deemed as too complex for local farmers to understand and implement.
He re-emphasised the need to harmonise the Federal Government’s legislation, policies and standards on food to enable them to conform to international regulations and standards, while enhancing the standardisation of the country’s agricultural produce at all levels.
The consultant said that at present, smallholder farmers had very limited ability to access viable local and international markets for their produce, adding that this had been a major challenge facing sustainable agricultural development in the country.
“The farming business cannot grow and be sustainable without the existence of market, be it local or international.
“This offers the possibility of making profit and it encourages farmers to stay in production and grow their farming businesses,” he said.
Folaranmi said that the challenges facing produce exportation in Nigeria included produce grading and standards issues, stringent Sanitary and Phyto-Sanitary (SPS) requirements, high transportation costs and poor trade facilitation system, among others.
He, therefore, underscored the need to increase advocacy on food safety via radio programmes, bill boards and other mass media channels so as to stimulate public awareness of the importance of adopting good food safety procedures, especially in the rural areas.
The consultant suggested that the public awareness campaign should also involve community watch, workshops and trainings, which could be conducted in local languages to enhance easy understanding.
He also recommended the administration of Randomised Control Trials (RCTs) on labelling of products which had been successfully cleared as “safe trade produce” and the provision of crop storage and processing facilities.
Speaking on the recommendations of a recent survey, Folaranmi underscored the need to encourage the establishment of community farmers markets and an agency to manage the harmonisation of food legislations, policies and standards.
In his contribution, Mr Stephen Ahiaba, First Vice-Chairman, National Cashew Association of Nigeria (NCAN), called for training and retraining of agricultural extension workers to oversee the implementation of agricultural produce standardisation policies at community levels.
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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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