Business
FG Empowers 700 Poultry, Cassava Farmers In Edo
The Federal Government has trained and empowered about 700 farmers of different agricultural chains in Edo State.
The Edo State Coordinator, Federal Ministry of Agriculture, Samuel Owoicho, said during the empowerment programme in Benin City recently that those trained and empowered comprised 200 poultry farmers who were empowered with day-old chicks and 500 cassava farmers Empowered with cassava cuttings.
“By supporting these hardworking farmers, we not only enhance their livelihoods but also strengthen Edo’s economy. Their success will inspire further growth in the sector”, Owoicho said.
According to him, the empowerment marked a significant milestone in the state and the country.
“Let us continue to work together to create sustainable agricultural practices, ensuring that Edo remains a leader in Nigeria’s agricultural renaissance”, he added.
Owoicho said the initiative aligned with the ministry’s mission to promote sustainable agricultural development, improve food security and better livelihoods of small holder farmers.
He also said the initiative underscored President Bola Ahmed Tinubu and Abubakar Kyari’s, the minister of agriculture and food security commitment to agricultural development and food security in Nigeria.
Similarly, the initiative would enhance farmers’ knowledge and skills in modern farming practices, improve productivity, and increase income and economic empowerment.
He also disclosed that the initiative was courtesy of the Federal Department of Agricultural Extension Services in collaboration with SANCT International Nigeria Limited.
Owoicho added that the collaboration was geared towards promoting sustainable agricultural practices, strengthening the agricultural value chain, ensuring food security and reducing poverty as well as driving economic growth.
Furthermore, he urged farmers, to actively participate in the training, adopt new technologies and practice knowledge gained.
He also admonished them to share knowledge with fellow farmers, join farmer organisations and cooperatives as well as take advantage of government support services to transform agriculture in the state
On his part, Peter Osagie, the Permanent Secretary to the Edo State Ministry of Agriculture and Food Security, commended the Federal Government for the empowerment.
Osagie said human capacity building and empowerment would promote sustainable agriculture in the state and the country.
“By equipping these farmers, we are investing in the future of Edo State, ensuring that our agricultural sector continues to thrive. We appreciate the dedication of our farmers, whose hard work is the backbone of our state’s economy”, he noted.
He further said the state ministry of agriculture remains committed to supporting farmers, fostering innovation, and driving growth in the agricultural sector.
“Together, we will build a prosperous and food-secure state, where agriculture plays a pivotal role in our economic development”, Osagie said.
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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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