FG adopts electronic wallet system for agriculture


Image: By BiztechAfrica
FG adopts electronic wallet system for agriculture

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.

Share the News

Get Daily Newsletter

comments powered by Disqus


Kenya to issue first exclusively mobile bond

Kenya's Treasury has announced plans to float the first-ever Government Bond that will be offered exclusively via mobile phone. Read More

ITU recognises African Presidents for ICT development

The Presidents of Rwanda, Gabon and Kenya were among nine international heads of state to be officially recognised by the ITU for their efforts to improve access to ICT networks and services. Read More

BotswanaPost has new CEO

Cornelius Ramatlhakwane has been duly apointed as the incoming Chief Executive Officer at BotswanaPost.  Read More

‘E-government will end multiple charges by MDAs’

A practitioner in the information technology (IT) space and Managing Partner, Techsol Professional Service Ltd, Mobolaji Moshood, has said the adoption of electronic or e-government will put an end to multiple charges by the state’s ministries, departments and agencies (MDAs). Read More

Northern Corridor looks to harmonised SIM reg frameworks

The NCIP states of Kenya, Rwanda, South Sudan and Uganda met in Nairobi to consider SIM card registration regulations and the harmonisation of regulations across the region. Read More

IBM makes recommendations on SMART Rwanda

A team of IBM experts has presented recommendations to Rwandan authorities to bolster the country's development. Read More

NBC denies spectrum sale to MTN Nigeria

Regulator of the broadcast sector, the National Broadcasting Commission (NBC) has denied selling spectrum to MTN Nigeria as reported in a few platforms in the country a few days ago. Read More

NCS to Buhari: appoint IT professional as ComTech minister

Information technology (IT) professionals in Nigeria acting under the aegis of the Nigeria Computer Society (NCS) have called on President Muhammadu Buhari to appoint an IT professional as ComTech minister.  Read More

Malawi’s ICT sector reorganised

The Malawi Government is taking a new, collaborative approach to create order in the country’s ICT sector. Read More

SIM deactivation: NCC imposes fines on Etisalat, Glo

Two Nigerian carriers, Globacom and Etisalat, have been slammed with N14.4 million in fines for failing to disconnect unregistered SIMs on their networks. Read More


Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika


Innovative designer takes e-waste to another levelInnovative designer takes e-waste to another level

Gladys Muyenzelwa is a Gaborone based artist and designer who has an eye for ethnic and contemporary design. But unlike other designers, Muyenzelwa has found a way of using e-waste to make her creations. 


High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.


Luba Freeport streamlines its sea of paper with Sage X3

Luba Freeport has implemented the Finance and Distribution modules of the Sage X3 business management solution to automate its business processes across finance and operations.