Business
Ogoni Farmers Cry Out Over Poor Roads
The President of Ogoni Farmers Cooperatives, Mr. John Demua, said farmers in the area are experiencing losses in their farm produce.
Demua, who spoke against the backdrop of the bad state of the Eleme axis of East/West road in Rivers State, said farmers in the zone find it difficult to evacuate their produce outside Ogoniland.
The cooperatives president, who spoke at an event in Bori, recently, said farmers lack the capability of preserving their crops.
According to Mr. Ngei Solomon, a maize farmer, most buyers of their produce come from neigbouring communities, including Oyigbo.
He said inhabitants and indigenes of the community were now harvesting maize, okro, vegetables and other farm produce without buyers coming.
A maize farmer, who spoke to The Tide said there is a possible glut in maize and other produce from the area.
“Most of the community people grow these products, so without buyers, there are bound to be losses on our part.
He, however, called on the relevant authorities to fix the road to enable farmers evacuate their produce.
Also speaking to The Tide, plantain farmer, Chief Gideon Nwidada, said traders no longer come to their farms to buy the products for fear of spending hours on the bad portions of the Eleme road.
However, according to The Tide report, the said road is a Federal government infrastructure that has remained unattended to since 2015.
It could also be recalled that the present government in Rivers State has been in the process of fixing the bad spots of the road.
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.
