Business
Farmers To Enjoy Improved IITA Cassava Varieties
As part of efforts to ensure food security for Nigerians and neighbouring countries, as well as meet the United States Agency for International Development (USAID) targets farmers in Nigeria are to benefit from the distribution of free improved cassava varieties of the International Institute of Tropical Agriculture (IITA) Ibadan.
Distribution of the cassava varieties is also part of activities lined up by researchers at the Institute towards implementing the unleashing the power of cassava in Africa (UPOCA)project which is founded by USAID in seven African countries.
According to a release from the IITA which was made available to The Tide, the distribution of the varieties is part of the activities lined up for 2010.
From the release, Richardson Okechukwu, the IITA UPOCA Deputy Project Manager, who is also the Nigerian country coordinator stated that the aim of the project in Nigeria is to empower at least 75,000 farmers with improved varieties by the end of 2010.
He said “we also expect increase of production by 30 percent. The project will thereafter ensure food security for Nigerians and will also provide more roots for the large scale cassava industry.”
The release further states that increasing cassava production is one important aspect of the project that researchers are pushing to improve processing and ultilisation technologies, to create more markets for the crop, and that the USAID project is funded in seven African countries as Nigeria, Ghana, Sierra Leone, Tanzania, Malawi, Democratic Republic of Congo and Mozambique.
Between February 23rd and 3rd March, 2010, the release states that the IITA conducted two training programmes for farmers, processors, and women in agricultural development.
Corlins Walter
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.
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