FG adopts electronic wallet system for agriculture

GOVERNMENT

-
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

MORE GOVERNMENT NEWS

DRC capital awaits high speed internet

One year after the inauguration of the Democratic Republic of Congo’s fibre optic landing station, many Kinshasa residents are yet to taste the high speed internet promised by the government. Read More

Smart city numbers set to soar

The number of smart cities worldwide will quadruple within a 12-year period that started last year, according to a new report from IHS Technology.  Read More

NCS: deploy CCTV to tackle insecurity

The President of the Nigerian Computer Society, Prof. David Adewumi, has urged the Federal Government to invest massively on the installation of Close Circuit Television, CCTV, in strategic places across the nation to address security challenges. Read More

Kenyan capital adopts e-payment system

The Nairobi City County Government has moved to ease payment for services and streamline revenue collection by switching to e-payments. Read More

Congo-Brazzaville to launch digital governance agency

The Republic of Congo will soon launch a digital governance agency, to monitor and control the implementation of the country’s ICT projects.  Read More

Malawi launches Internet Governance Forum

Dr Edmund Katiti The Malawi Government and Nepad have launched the Malawi Internet Governance Forum in an effort to bring a semblance of order to the internet services in the country. Read More

Environmentalists welcome improved technology

Participants in a recent Monitoring For Environment and Security in Africa (MESA) conference in Botswana were upbeat about the new technologies that MESA is harnessing.  Read More

Kaberuka addresses Africa’s infrastructure gap at OECD

African Development Bank President Donald Kaberuka made a strong case for the importance of tackling private investment impediments in the African infrastructure agenda during the joint AfDB, Organisation for Economic Co-operation and Development (OECD) and International Growth Center (IGC) event in Paris. Read More

Kenya inaugurates USAC

Kenya’s new Universal Service Advisory Council (USAC) has been inaugurated by the Cabinet Secretary, Information, Communications and Technology.  Read More

Education Minister: ICT vital in schools

Botswana’s Acting Minister of Education and Skills Development, Mokgweetsi Masisi, has called for an increased uptake of ICTs in all schools in the country.  Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Widening ICT skills gap: Cause for concernWidening ICT skills gap: Cause for concern

Nigeria's FDI gains could be eroded by the widening gap in indigenous skilled ICT manpower, writes Kokumo Goodie.

IN DEPTH

Kenya rolls out e-extension to improve agricultureKenya rolls out e-extension to improve agriculture

In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.