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HOME BUSINESS World Bank to scale up Nigerias E-Wallet system across Africa

World Bank to scale up Nigerias E-Wallet system across Africa

ON OCTOBER 17, 2014 12:01 AM / IN BUSINESS / COMMENTS

ABUJATHE World Bank has promised to scale up Nigerias agricultural policy on

Electronic-Wallet, E-Wallet, system in Africa, including India, Brazil and China in
order to encourage best agricultural practices.

The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina,

disclosed this yesterday in an interview with newsmen at the Leadership
Newspaper Annual Conference and Award Ceremony.

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Adesina, who was awarded the Leadership Public Ofcer of the Year 2013, said
the ministry was working hard in every state to ensure sufciency of food for
Nigerians as democracy of the stomach was the right of everybody.

He also revealed that the government was going to roll out new institutions
which he called marketing corporations that will replace the old market homes
existing presently.

Adesina said: We will continue to roll out greater programmes in regards to

nancing in agriculture together with the Central Bank of Nigeria, CBN, to our
farmers. There is going to be one for cocoa, cotton, grains, and others.

These are all the institutions that would allow our farmers to get access to stable
market prices and also access to markets. As a ministry we will continue to
improve the lots of our farmers, we are rolling out the mechanisation programme
that Mr. President has approved.

Dedicating his award to the staff of the his ministry, the Minister said every single
part of the country in agriculture were showing the impact of President Jonathans
transformation of the agricultural sector, and also promised to do his best for
Nigeria as the country deserves the best.

I have great staff and I dedicate the award to my hard working staff, all the seed
companies, banks, agri-businesses, and in particular, all the state governors who
made this happened and commissioners of agriculture in the country.

It is a collective success. I thank Mr. President for his resolute commitment to

agricultural development, he added.

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