Banking

Moniepoint applauded for strengthening north-east agriculture

The Federal Government and other stakeholders have commended Moniepoint Inc. for its impact in strengthening Nigeria’s agricultural sector, particularly by spotlighting the resilience of the North-East’s food value chain and empowering rural farmers with digital payment tools.

The recognition came during a private Abuja screening of a case study and short documentary titled “Inside Nigeria’s Food Chain.” The 12-minute film explored the agricultural supply chain in Borno State and the wider North-East, showing how local production and distribution channels link smallholder farmers to national markets.

Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, described the documentary as an “eye-opener” that demonstrates how fintech innovation is transforming rural economies. He noted that Moniepoint’s digital services are helping farmers embrace technology, despite security concerns and economic pressures.

“It was heartwarming to see economic and financial inclusion showcased in such a way, with people you would not typically associate with technology adoption now confidently using digital payments,” Fasua said. “This shows resilience, especially in a region long challenged by insecurity.”

The case study emphasized that Nigeria’s food system relies heavily on long-standing, trust-based networks rooted in social capital. Rather than being replaced, these informal systems were described as strengths that can be reinforced for greater stability in times of crisis.

Speaking on the motivation behind the project, Moniepoint’s Vice President for Corporate Affairs, Edidiong Uwemakpan, said the goal was to spotlight the human stories behind financial transactions.

“Borno has often been portrayed through negative narratives. But through this documentary, we wanted to highlight not just Moniepoint’s role in facilitating food distribution, but also the agricultural richness of the state that contributes to feeding millions across Nigeria,” Uwemakpan explained.

Communications expert Tolu Ogunlesi also praised the documentary, noting that it reframes the public perception of the North-East from a conflict zone to a vital contributor to national food security.

“These communities have endured insecurity but continue to demonstrate remarkable resilience. It’s important that Nigerians recognize their role in keeping our food system alive,” Ogunlesi added.

The screening, held at Genesis Cinema, Abuja, drew participants from civil society, the diplomatic corps, government agencies, security institutions, and the media.

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