Business
Poultry Association Urges FG To Ban Exportation Of Maize
The Poultry Association of Nigeria, Lagos State (PANLAG), Badagry chapter, has appealed to the Federal Government to ban exportation of maize in order to have sufficient feeds for chicken.
Dr Olusegun Adedayo, Chairman of PANLAG, made the appeal on Saturday at the association’s End of the Year Party/Stakeholders’ Meeting in Badagry.
Adedayo said that local poultry farmers were suffering from the impact of maize exportation, in spite of the fact that the local production could not meet the farmers’ demands.
“Government should encourage more production of maize and soya beans locally, because this is what constitutes most of the ingredients for chicken’s feed.
“But, unfortunately we heard that they are exporting maize, irrespective of the fact that they have not met the local demands.
“We implore the government to allow the importation of maize and ban its exportation so that our chicken can have enough food to eat.
“Many farmers have closed their farms due to this challenge, because they are no longer making any profit,” he said.
The chairman also said that apart from the feeds, poultry farmers were still facing the challenge of vaccination, noting that its cost was another issue.
“The price of a day old chick keeps increasing in the hatchery; more and more farmers are moving out of business because the input cost outweighs the profits.
“We are appealing to the Federal Government to intervene and save our business from collapsing,” he said.
The News Agency of Nigeria (NAN) reports that a seminar was held to sensitise the farmers on the advancement of poultry farm in operations through Science and Technology.
Mr Jimoh Raphael, the Manager, P and G Foods, Badagry, sensitised the farmers to hack for safety of poultry birds and frequency of vaccination and feeding.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News3 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports3 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics3 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics3 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports3 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
-
Sports3 days agoPalace ready To Sell Guehi For Right Price
-
Sports3 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports3 days agoTottenham Captain Criticises Club’s Hierarchy
