Business
Ondo Earmarks N3bn For Agricultural Support
Governor Olusegun Mimiko of Ondo State has said the state had earmarked over N3 billion for the implementation of various agricultural programmes in the state.
The governor, who was represented by his deputy, Alhaji Ali Olanusi , said this in Iju in Akure North Local Government Area of the state.
He made the disclosure during the flag-off of the 2013 Growth Enhancement Scheme (GES) and commencement of the 2013 planting season in the state.
Mimiko said agriculture was the major occupation of the people of the state and remained the highest source of revenue in the state.
He commended the federal government over the introduction of the Agricultural Transformation Agenda(ATA), saying it would ensure self-sufficiency in food security.
“GES programme is a joint collaboration between the federal and state government in implementing increase in the production of food in the state.
“It is our hope that the various agro-dealers already pencilled down for this programme will not disappoint our farmers.
“The state input supply agency has been mandated to monitor the programmes and be ready to supply the deficit agro-input that may arise so as to ensure the success of the programme in the state
“We had identified series of problems confronting the agricultural sector in the state and that is the reason we earmarked huge sum of money to the sector, “ Mimiko said.
The Permanent Secretary in the Ministry of Agriculture, Mr Kole Ogunsuyi, said 216,000 farmers were captured in the farmers census in 2012 and 2013.
He said the farmers would have access to subsidised inputs such as fertiliser and seeds from accredited dealers.
Ogunsuyi commended Harvest Plus, an international organisation, for their collaboration with the state government in the introduction and release of Vitamin A fortified cassava cutting.
Business
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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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