Business
FAO Restates Commitment To Train Farmers, Boost Crop Yields
The Food and Agriculture Organisation (FAO) has reiterated commitment to train farmers on best farming practices, boost crop yield and enhance their incomes.
The Media Consultant to FAO, Mrs Helen Okon, gave the commitment in a statement in Abuja, Wednesday.
She said that the training became important because Federal Government had made efforts to curtail importation, boost local production of rice and meet national demand and the need to enhance farmers’ productivity.
According to her, FAO is organising four-day capacity building workshop for farmers through collaboration with government of Nigeria and Republic of South Korea from October 2 to October 5 toward that effect.
Okon said:, “The workshop holding in Abakiliki, Ebonyi is part of tripartite agreement signed in 2015 to develop capacity of local producers, through South-South cooperation project covering Burkina-Faso and Cote d’ Iviore.
“The project, entitled Capacity Development and Experience Sharing for Sustainable Rice Value Development in Africa through South-South Cooperation”, seeks to equip farmers with entrepreneurial skills to enhance productivity.
“It is also to help the rice farmers in the value chain to maximise profits and build their capacities to do more,” she said.
She said that the participants would be more positioned to take advantage of the rice value chain and upscale their income through appropriate technologies and effective management of agricultural inputs.
She identified systemic rice intensification technology; focus on soil conservation, water and soil fertility and crop rotation to be among the key areas the training would focus on.
Okon quoted the FAO Country Representative in Nigeria, Suffyan Koroman, as saying that the backward integration policy of government on rice would become more realisable through such capacity building.
“FAO support to the farmers also targets enhanced food and nutrition security as well as poverty alleviation,” she said.
She identified members of staff of Ebonyi Ministry of Agriculture and Natural Resources, representatives from Project Implementation Unit, extension agents, community-based groups and youths as major beneficiaries of the training.
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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