Business
Poor Stakeholders Turn-out Cripples Adamawa Agric Show
Poor turnout of major stakeholders has crippled the ongoing 2010 Agric Show organised by the various local government and area development councils in Adamawa state.
Checks conducted by our correspondent in Yola on Thursday, revealed that the absence of farmers, private agric companies as well as some key officials of local government councils aborted the programme.
A source in the organising committee told our correspondent that “inappropriate arrangement’’ was one of the reasons for the absence of some of the key stakeholders at the show.
The source, who requested anonymity, explained that financial constraints was another reason for lack of participation.
“The 2010 agric show was held very late. It was expected to hold in early February”.
“A good number of farmers refused to participate because they are now busy clearing their farms as the rains have set in,’’ he added.
When contacted, Mr Maliki Daniel Chairman of the organising committee, confirmed the poor turn of stakeholders and attributed it to financial constraints and wrong timing.
He said that poor attendance of farmers would have a negative effect on the show, and expressed regret that even some key officials of the local government areas who were the major sponsors of the show refused to show up.
“As a result of these difficulties, the show may likely be closed next Monday, “ he said.
Daniel said some participants invited from neigbouring states also refused to attend, adding that only five private agric companies and three federal government’s agric institutions attended the show.
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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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