DIGITAL SUPPLY CHAINS TO TRANSFORM SMALL-SCALE FARMING IN NIGERIA – DG NITDA
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Director General, National Information Technology Development Agency (NITDA) Kashifu Inuwa has emphasised the transformative potential of advanced technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and blockchain in addressing challenges faced by Nigeria’s farmers, noting that these technologies can revolutionise agricultural practices and improve food security.
The representative of the Director General NITDA, Dr Salisu Kaka delivering a keynote speech at the Launching of the Survey on Digitisation of Supply chains in Small-Scale Nigerian Farms in Abuja.
Inuwa, who was represented by Engr. Salisu Kaka, Director of Digital Economy Department, said this while delivering a keynote speech in Abuja at the Launching of the Survey on the Digitisation of Supply-Chain in Small-Scale Nigerian Farms Project organised by AGROVESTO (an Agritech startup and a beneficiary of the iHatch Incubation Programme Cohort 2) in conjunction with NITDA, Office for Nigeria Digital Innovation (ONDI), Japan International Cooperation Agency (JICA) with Federal Ministry of Agriculture and Food Security (FMAFS) as partner.
The event’s purpose was to launch a project that will enable smallholder farmers in Nigeria to thrive, increase their income, and expand their market opportunities thereby creating wealth and prosperity for the country through agriculture.
Inuwa stated that agriculture employs a significant number of Nigerians and accounts for 25.18 per cent of Nigeria’s GDP in 2023 through crop production, livestock, forestry, and fishing, with crop production taking the largest share; maintaining that digitising the supply chain for small-scale farms offers a transformative solution to the challenges of food security in the country.
Representative of the DG NITDA flanked by the National Coordinator Office for Nigeria Digital Innovation Ms Victoria Fabunmi and the AGROVESTO team.
He explained that small-scale farmers are the backbone of crop production in Nigeria. Still, they face numerous challenges including limited access to technology, high production costs, limited financing, high post-harvest losses, poor market access, labour shortages, and high labour costs.
These issues he noted hinder their productivity and economic potential. Inuwa affirmed that supply chain optimisation will ensure that small-scale farmers can meet the increasing consumer demands, enhance food quality and safety, and promote and utilise sustainable practices.
“This can be achieved through the adoption of technologies such as Artificial Intelligence (AI), which can handle time-demanding tasks using machine learning and predictive modelling; the Internet of Things (IoT), which can monitor crops and generate real-time data to inform automation and best practices; and blockchain, which can provide end-to-end traceability in supply chains with sharable data, building consumer trust and even making it easier to isolate and manage disease outbreaks in crops,” Inuwa said.
He said “NITDA has been actively supporting the growth of Nigeria’s agricultural sector. One key initiative is the National Adopted Village for Smart Agriculture (NAVSA) which has engaged 965 farmers in integrating technology into agriculture.”
“Our Strategic Roadmap and Action Plan, 2024 – 2027 (SRAP 2.0) also highlights our focus on promoting technology in agriculture to boost food security, increase the sector’s GDP contribution, drive economic diversification, and create jobs, aligning with the priorities of President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he added.
Citing a good use case of digitised agricultural sector, Inuwa disclosed that according to the Food and Agriculture Organisation of the United Nations (FAO), agriculture contributes 33 per cent to Kenya’s GDP.
He divulged that JICA, through its Small Horticulture Empowerment & Promotion (SHEP) Approach, doubled the income of 2,500 small-scale farmers between 2007 and 2009 alone.
During his presentation, Co-founder/CEO AGROVESTO Bayo Adewoye said that 63.5 per cent of these farmers earn between 20,000 and 100,000 naira monthly during the sales season while 63 per cent take their products to the open market to sell.
He added that the project has been designed to address these challenges, and the expected outcomes include; improved farmer income by connecting farmers to wider markets through digital tools and increasing their bargaining power and sales, boosting their incomes.
Furthermore, efficient Supply Chains by digitising agricultural value chains can reduce post-harvest losses and improve the flow of goods, benefiting farmers and markets.
He said the initiative enhances digital literacy, empowers farmers with digital skills to enable them leverage technology to access information and expand their market reach.
He further explained that the next step is to rollout digitisation of access to the market which entails the design and integration of a tailored digital platform for market access. And the onboarding of cooperatives and SHEP graduates to the platform.
Then monitoring and evaluation activities which includes review meetings with JICA and ONDI, webinar and knowledge sharing.
Access Bank Appoints Uche Orji as Independent Non-Executive Director
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).
orji
This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.
Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.
He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.
Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.
He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.
Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:
“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.
We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.
His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.
On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”
Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.
The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.
Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.
Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.
According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.
Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.
Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.
She further encouraged them to apply for the loans initiated by the government as done by students in other countries.
The Speaker requested the students to formally send their complaints in written forms to the House for action.
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.
He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.
Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”
The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.
Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”
While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”
“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.