Business
Success Stories Of Smallholder Farmers Excite IFAD
The International Funds for Agricultural Development (IFAD) has expressed satisfaction with the successes recorded by smallholder rice and cassava farmers in Taraba State with its intervention.
The VCDP team leader, Mr Samuel Eremie, disclosed this on Monday in Jalingo after a tour of completed projects executed by the programme in Wukari and Gassol Local Government Areas.
Eremie stated that the mid-term review team of the Value Chain Development Programme (VCDP) now has two years to wind down.
He said the programme had so far turned around the fortunes of over 5, 000 small-holder rice and cassava farmers through training, inputs support and linkage to the market.
‘‘I am impressed with the VCDP performance in enhancing the standard of living of smallholder farmers in Taraba.
‘‘I urge you benefiting farmers to begin to plan for sustainability of the programme as the project will end in 2019.
‘‘I am happy to see that rural farmers in the state can now pay their children’s school fees and take care of their basic needs,’’ he said.
Eremie also urged the farmers to make maximum use of rice and cassava processing plants built in their communities to improve their living standard.
He explained that the mid-term review was meant to evaluate the progress so far made, so as to develop strategies for improving in the remaining two years.
In his remarks, Mr Irimya Musa, the State Programme Coordinator (SPC), urged the benefiting farmers to always protect the facilities provided by the programme in their domains.
He challenged the farmers to continue to transfer the knowledge from series of training on best agronomic practices to others for a better society.
The SPC noted that the programme would extend its interventions to other crops and vegetables, having recorded incredible success in rice and cassava production, processing and marketing.
Musa thanked Gov. Darius Ishaku for the prompt payment of the state’s counterpart fund for the smooth operation of the programme in the state.
Mrs Wakasa Solomon of Tsundi cluster said VCDP had changed their agricultural activities story for the better.
She noted that the new methods of farming, processing and marketing introduced by the programme had made farming attractive and interesting.
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.
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