Business
NYSC, Anambra Partner To Establish Agribusiness
The National Youths Service Corps (NYSC) says it is partnering with the Anambra State Government to establish agribusiness ventures in the state.
NYSC Anambra State Coordinator, Mr Kehinde Aremu, disclosed this in an interview with newsmen in Awka, Monday.
Aremu said that the agribusiness venture would start with poultry before expanding to aquaculture and other agricultural branches aspects such as livestock and crop production.
“The NYSC agribusiness venture will begin with poultry because Anambra State is already doing well with the establishment of the largest poultry project in Africa, realising that market for poultry products is large.
“There is huge demand for protein and eggs; so, venturing into this sector will even boost the home-grown school feeding programme of the Federal Government.’’
The state coordinator said that interested NYSC members and youths who enrolled into the programme would gain practical experiences in animal husbandry as they would be adequately trained on ways to make agriculture a profitable business.
He explained that those to benefit would also easily access loans to finance their ventures as NYSC already had financing Memorandum of Understanding (MoU) with Bank of Industry, Central Bank of Nigeria and Bank of Agriculture on zero per cent interest rate.
Aremu, who said he had participated in many agro workshops within and outside the country, noted that his office was waiting for action by the technical committee set up by the Anambra State Ministry of Agriculture for the take-off on the venture.
“We are waiting for a more visible action from Anambra Government to enable the agribusiness venture to fully take-off.
“Everything needed to drive the venture had been put in place, realising that one of the best ways to take youths out of the streets is to introduce them to agriculture as both wealth and job creation windows’’, Aremu said.
He noted that what before now had discouraged Nigerians from embarking on agriculture was convincing them to do it with machete and hoe after they had gone to school.
Aremu said that studies had shown that in other countries, agriculture ran the economy and prospered the people, adding that such practice could be replicated in the country.
According to him, agriculture is one of the cardinal activities of the NYSC as the corps had farm settlements in Kwali (FCT), Ezillo (Ebonyi), and Bauchi.
“In Anambra we are looking in that direction because the state has agriculture as a cardinal policy and NYSC wants to introduce the youths and corps members to agriculture in a symbiotic way’’, he said.
Aremu observed that because land was a challenge for large-scale farming in the state most of the youths went into trading.
He, however, added that if the youths were trained on modern agriculture which did not require large expanse of land, they could make more prospects.
“Under the skill Acquisition and Entrepreneurship Development (SAED), I was in China alongside other Africans in 2017, where we studied how China feeds its large population in spite of inclement weather and other natural factors.
“The take home is that you don’t need much land to make it in agriculture this time, and your collar doesn’t necessarily have to be black;, all you need is good knowledge of the science of farming’’, he said.
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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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