Business
FG To Engage 30,000 Graduates As Extension Workers
The Federal Government is to engage 30,000 graduates to serve as agriculture extension workers who will provide strategic support to farmers across the country.
The government also announced on Monday that it had empowered 20 young Nigerian farmers with an initial take off grant of N30m, adding that the fund was provided through the Bank of Agriculture.
Executive Secretary, National Agricultural Land Development Authority, Paul Ikonne, told journalists in Abuja that the graduates would be trained in agriculture extension services including the collection of soil samples and how to conduct soil tests.
He said the approval to engage the graduates was given by President, Muhammadu Buhari, adding that the extension workers would be deployed across the country.
Ikonne said, “Mr. President has given approval to engage over 30,000 graduates who would be engaged under the National Young Farmers Scheme.
“They will be trained intensively for two weeks on soil sample collection and soil tests, as well as other agriculture extension services.”
He said the initiative was basically for graduates of agriculture and other related science courses, as participants would be given the required soil test kits and soil collection sample kits.
The NALDA helmsman said his agency would subsidise the amount to be paid by farmers for the service to be rendered by the extension workers, as only N500 would be required for any soil sample collected for testing.
Ikonne said, “We cannot achieve food security without understanding our soil, without getting our farmers to know what the soil requires.
“So what the soil doctors will be doing is that they will go to every farmland to conduct soil tests first before any farming season in order to know what nutrient the various soils require and what type of fertiliser the crops will need.”
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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