[Abuja]–The Managing Director of the Bank of Agriculture, Prof. Danbala Danju, says the Federal Government will capture no fewer than 16 million farmers in a new biometric database to enable them benefit from intervention packages during the 2017 cropping season.
The Managing said this on Sunday while signing a Memorandum of Understanding for Public Private Partnership with Trans-Sahara Consortium, Nigeria.
Danju said the Federal Government would ensure that the registered farmers received all the needed inputs and loan facilities in record time to enhance production, adding that the initiative would effectively address the challenge of food security, tackle poverty and create employment opportunities for more Nigerian farmers.
Danju said: “The two parties agreed to capture at least 16 million farmers into alternative multi-application payment system for farmers to access loans and conduct all their agro-businesses within their farms.”
The representative of Trans-Sahara Consortium, who is also a former governor of Jigawa State, Senator Saminu Turaki , told the News Agency of Nigeria shortly after signing the MoU that the 16 million farmers would be registered within the next three months.
Turaki said: “By May, we would have registered 16 million farmers on our biometric database to enable them receive all the inputs they need before the farming season commences.
He said that no fewer than 500,000 Point-of Sale devices would be made available in various locations in villages for the registered farmers to access all the needed finances and pay for their inputs right at the farms.
He said: “EDAPT Technologies will provide the system, comprising of Bank-End-Super-Structure to house two interlinked secure server platforms.
“The objective of the MoU is to secure biometric application which will assist participating entities with a tool to collect and capture the necessary clients’ information for accurate reports.’’
Turaki, said the multi-purpose Client-Smart-Card would store farmers’ biometric fingerprint, personal data and electronic wallets.
He said: “It is in form of a primary wallet for banking transactions to save and receive agriculture loans and purchase pre-described inputs as agro-dealers.’’Please Follow Us @ThePageNg