Business
Export Agent Wants FG To Investigate Beans Ban
A pre-shipment inspec
tion agent for export, Mr Shehu Abdulkadir, has called on the Federal Government to investigate the circumstances that led the controversy leading to rejection of Nigeria’s edible beans by the European Union.
Abdulkadir, the General Manager of Carmine Assayer Ltd, made the call in an interview with newsmen in Lagos, recently.
He said that the isolated case of a traveller who carried edible beans from Nigeria for his relations abroad kicked-started the problem but that the matter was now being blown out of proportion.
Abdulkadir explained that the traveller was a “portfolio exporter’’ but that the issue was treated as if a professional exporter was involved and urged government to carry out an in-depth investigation.
He said that Nigeria’s beans were usually of high quality and were preferred in several countries, citing Nigeria’s electrical cables and some local brewery products as examples.
“The person in question was an ordinary traveller who took along food stuff for a relation, but the beans was rejected at the point of entry and the matter was escalated.
“Any finished product exported from Nigeria always makes waves in the international market because God has blessed Nigeria with fertile land,’’ he said.
Abdulkadir noted that professional exporters who go through export procedures could not export edible beans that contained pesticides because all the various export regulatory agencies carried out thorough checks.
“We encourage Nigerian exporters to use airtight agro sacks which do not allow pests and diseases to breed.
“If any produce from the farm is put in agro sacks, it remains fresh, even up to four years.
“If farmers use the agro sacks, no insect will ever get in,’’ he said.
The professional exporter urged the government to encourage farmers to use the agro sacks, which were produced locally to totally eradicate the use of pesticides.
Responding to the use of agro sacks, the South-West Regional Coordinator, Nigerian Export Promotion Council, Mr Babatunde Faleke, said that the council had already commenced advocacy for use of agro sacks.
He said that the council was organising packaging clinics where exporters and other relevant agencies charged with regulating packaging were usually trained.
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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