Business
Firm Restates Commitment To Quality Product
Friesland Campina WAMCO, over the weekend reiterated its commitment to nourishing Nigerians with quality dairy products to ensure a healthy nation.
The Company disclosed this in a statement signed by Mrs Ore Famurewa, Corporate Affairs Director, FrieslandCampina WAMCO Nigeria, in Lagos .
It said that Mr Ben Langat, Managing Director, FrieslandCampina WAMCO assured during the company’s celebration of the World Milk Day 2019 with farmers at Iseyin, Oyo State, this is celebrated globally on June 1.
World Milk Day was established by the United Nations Food and Agriculture Organization (FAO) to recognise the importance of milk as a global food. Langat said that FrieslandCampina WAMCO since 2011, had been working in collaboration
with the Federal Ministry of Agriculture and Rural Development (FMARD) on its Dairy Development Programme (DDP).
He said that this was to improve local sourcing of milk in alignment with national development goals.
According to him, through the DDP in Nigeria, the company has enhanced the technical capacity and knowledge of over 3,500 local dairy farmers which include 900 women.
Langat said it had also helped to develop new institutional capacities, policies and practices around dairy development that benefit both small holder farmers and pastoralists for a sustainable local dairy sector.
He commended the dairy farmers under its DDP across 90 communities on the progress made thus far, especially their recent record of supplying 27,045 liters of milk in one day.
“FrieslandCampina WAMCO continues to invest in local milk production, we recorded the highest milk collection of 27,045 litres daily production on May 28, years after the first 400 litres daily collection in 2011.
“We have improved raw milk quality by 500,000 colony forming units (cfu) per milliliter and held 1331 training sessions for farmers and extension staff on topics with regard to milk quality and productivity, implementation of Good Dairy Farming Practices,” he said.
Langat, however, charged the farmers to increase their raw milk yield to justify the company’s plan to set up a Milk Processing Centre within the community.
“We are not only committed to providing affordable dairy products, we are also charged with the responsibility of increasing local milk sourcing,” he said.
The company, he said, was also to ensure consumers, children and dairy farmers enjoy the goodness of milk every day.
He noted that the company had five milk collection centres, 10 milk collection points and 10 currently under construction across various communities in Oyo State.
According to him, as part of activities to celebrate the World Milk Day, the company treated over 1000 dairy farmers to a surprise Peak Breakfast.
“We bring to focus milk as an important nutritional source, and we engaged consumers at all levels, including our dairy farmers, with the theme #EnjoyDairy with a #Peak breakfast.
“We do this because we believe that our products have a higher purpose than just being delicious and nutritious.
“They are ultimately the catalyst and facilitators of development in every sense of the word and contribute to our overarching mission of nourishing Nigerians with quality dairy nutrition,” he said.
The Food and Agriculture Organisation (FAO) data shows that more than one billion people’s livelihoods are supported by the dairy sector and that dairy is consumed by more than six billion people globally.
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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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