Business
FG Trains Master Bakers On Cassava Bread Production
No fewer than 60 members of the Master Bakers
and Caterers Association of Nigeria have been trained on cassava bread
production, an official has said.
Dr Uche Nwafor, the South East Regional
Director of the Federal Ministry of Agriculture, told newsmen in Umuahia on
Tuesday that the trainees were drawn from Abia and Kogi states.
“The emphasis here is to encourage farmers to
grow more cassava so that the high quality cassava flour will be available to
Master Bakers,” he said.
Nwafor said the training was successful as
those trained had learnt the art of cassava bread production.
“The bread is already in the market but it
may be difficult for one to identify it.
“One problem with Nigerians is that when you
say cassava bread, they will think that the product is entirely cassava.
“They are blended with wheat without the
people knowing it,” he said.
Nwafor said the Federal Government was
looking into some recommendations by the trainees.
“The Master Bakers requested the government
to mandate the flour millers to incorporate the 20 per cent cassava at the
point of manufacture of the flour.
“The recommendation has been sent and the
Federal Government is working on that possibility,” he said.
Nwafor appealed to farmers to embrace the
government’s cassava transformation agenda to have the cassava flour readily
available.
“It is necessary for farmers to take
advantage of the initiatives of the government to not only better themselves
but also assist this policy drive,” Nwafor said.
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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