Business
FG’s Agric Policy Has Enriched More Farmers – Tomato Growers
The National Organising Secretary, National Tomato Growers, Processors and Marketers Association of Nigeria, Mr Adamu Musa says the Federal Government’s agricultural policy has enriched more farmers in the last two years.
Musa said this in an interview with newsmen in Mararaba, Nasarawa State, last Monday.
He said that the policy of the Federal Government on agriculture had awoken the consciousness of many Nigerians that the country could only be sustained through agriculture.
Musa said that the acceptance and participation of Nigerians in the Federal Government’s agricultural policy had made many farmers richer in the last two years than they were.
According to him, farmers are smiling to the banks because the administration of President Muhammadu Buhari has given a lot of support and has made farming lucrative through subsidies.
“President Muhammadu Buhari has a strong agenda for agriculture to improve the lives of indigenous farmers.
“In many villages today in Nigeria, there are farmers who could not boast of N1 million before the coming of this administration, now having N7 million naira or more.
“Farmers, especially those into rice production, now have money of their own due to the renewed efforts of the Federal Government to see that Nigeria produces for both local and foreign consumption.
“The president has a plan for agriculture and it is working out for farmers.
“Part of that plan is the Central Bank of Nigeria’s (CBN) Anchor Borrowers Scheme which has supported a lot of farmers across the country,’’ the association’s secretary said.
Musa also commended the Dangote Tomato Processing Company in Kano for the company’s efforts in creating markets for tomato farmers to take their produce to.
He also appreciated the efforts of Alhaji Aliko Dangote in the area of tomato offtake.
Musa noted that this has helped tomato farmers a lot as they no longer need to worry about their produce.
He’s said that wastages have been reduced to the barest minimum and this has enhanced the efforts of the Federal Government to boost agriculture.
He advised young graduates to go to farming and stop looking for white collar jobs.
“I have seen graduates who have gone into farming and within two years their efforts had paid off.
“Farming is a large industry, from production to agribusiness that young graduates can harness for livelihood, ’’ he 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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