FG adopts electronic wallet system for agriculture
GOVERNMENT| April 6, 2012, 2:04 p.m.
Nigeria’s Federal Executive Council (FEC) has approved the adoption of electronic wallet system for use in agriculture.
The system will be used for the distribution of fertilizers, seeds and other agricultural inputs to the farmers.
Minister of Agriculture, Akinwumi Adeshina made the disclosure at a media briefing on the outcome of the weekly FEC meeting chaired by the Vice President, Arc. Namadi Sambo at the State House, Abuja.
Adeshina noted that the platform will enable the procurement and distribution of seeds and fertilizers without money exchanging hands. He said a contract worth N1.327 billion had been awarded for the platform, that is expected to run till 2014.
Explaining government’s decision to adopt the electronic wallet system, the Minister for Agriculture said that the old system of distributing agricultural inputs was ineffective and riddled with corruption, adding that only about 14% of Nigerian farmers actually benefitted from the system as the inputs ended up in the hands of those he described as ‘political farmers’.
He recalled that the country has continued to supply fertilizers through a system where it procures and distributes fertilizers all the way from federal to the state level observing that such a pipeline of procurement and distribution is the problem as it does not reach 11% of the farmers which in his words, “makes Nigeria the only country that I know of that fertilizer has legs and walks away from farmers.”
He submitted that with the network of registered agro dealers across the country, farmers would be getting their allocation of seeds and fertilizers through their mobile phones.
MORE GOVERNMENT NEWS
Accra to become first ‘Centre of Excellence’ in Africa with Microsoft CityNext applicationsMicrosoft Ghana, the Accra Metropolitan Assembly and the Global Alliance of Mayors and Leaders from Africa and African Descent signed an agreement to make the city of Accra in Ghana Africa’s first ‘Centre of Excellence’, through the use of Microsoft’s CityNext applications. Read More
Malawi Government levies tax on Internet/SMSThe Malawi Government has announced that it will levy a 10 percent excise duty on mobile phone text messaging as well as all data transfers, including internet and similar services. Read More
Ghana’s 800km fibre optic backbone commissionedGhana’s President John Dramani Mahama has commissioned an 800km Eastern Corridor Fibre Optic backbone which runs through 20 districts. Read More
NIMC infrastructure must be managed by credible people: NIMC chiefNIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy. Read More
Kenyan ICT on track for strong growthThe Kenyan government projects that the country’s ICT sector will approach 20% growth by 2017, with the government making every effort to help boost this growth. Read More
Ghana commissions enhanced CICsGhana’s Minister for Communications, Dr. Edward Omane Boamah, has commissioned and handed over an Enhanced Community Information Centre (E-CIC) to La Nkwantanang-Madina Municipal Assembly in the Greater Accra Region under the e-governance project. Read More
Rwanda hosts Africa Broadband and Universal Service Funds ForumThe Africa Broadband and Universal Service Funds (USF) forum brought together broadband stakeholders from all over Africa in Kigali for a three-day forum this week. Read More
Airtel, Ghana Communications Ministry promote girls in ICTAirtel Ghana has partnered the Ministry of Communication to celebrate International Telecommunication Union Girls in ICT Day. Read More
Alcatel-Lucent, Algeria to build Orval undersea cable systemAlcatel-Lucent and the Algerian Ministry of Post, Information Technology and Communications have signed a turnkey agreement for the deployment of the Orval system, an over 560 km fiber-optic undersea cable that will link Oran in Algeria to Valencia, Spain. Read More
Finalists announced for African Utility Week Industry AwardsThe finalists have been announced for the African Utility Week Industry Awards, with the winners to be honoured at the annual African Utility Week and Clean Power Africa in Cape Town from 12-14 May. Read More
FEATURED STORYThe transformative power of affordable smartphones and unlimited data in Ghana
Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye.
BEST READ NEWS
IN DEPTHNIMC infrastructure must be managed by credible people: NIMC chief
NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.