Business
Foundation Repackages Farmers For Commercial Agric
African Foundation for Agricultural Development (AFADEV), an
NGO, says it is poised to make subsistent farmers to embrace commercial agriculture in Imo
state.
AFADEV National Coordinator, Mrs Tamar Maji-Maila, said this
at a one day seminar/workshop organised for members of the group in Owerri.
“Farming at present is done at a subsistence level. We are
moving agriculture to the level of commercialisation. With the
commercialisation of agriculture at the grassroots, food security will be
assured.”
Maji-Maila said that the group, was collaborating with
traditional rulers to reach farmers at the grassroots, adding that it was high
time farming shifted from subsistence to commercial level.
She said that the re-packaging involved training of farmers
in various agricultural fields, the establishment of storage facilities,
financial management of loans and provision of extension services.
According to her,
AFADEV, was instituted in 2004 to train and empower farmers through the
provision of farm inputs including seedlings and loans for enhanced food
production.
Earlier the state coordinator of AFADEV, Mr Victor Nwaiwu,
noted that the importance of agriculture in a society could not be
over-emphasised.
He said that a sector that provided food and shelter for the
citizenry, deserved the enabling environment from all tiers of government for
effective performance.
Nwaiwu said the aim of the seminar was to enlighten the
members on how to boost food production in the state.
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.
