Nigeria enters patnership with eGate and Visa International

By Delisha Fernandes

The Nigerian government (Nasdra) signed an agreement with eGate and VISA to enhance the country’s digital infrastructure and provide citizens with digital identity and unified payment cards.

The memorandum of understanding aligns with the Nigerian government’s strategy to benefit from digital technology to diversify its economy and contribute to GDP growth. The cooperation will focus on enhancing infrastructure and financial inclusion and developing innovative digital solutions for businesses and consumers.  Implementation will be in the first stage of healthcare, agriculture, and smart traffic system payments.

Khalilu Ahmed, Director General of Nasdra, said ” That the agreement strengthens the organization’s strategic plan for digital transformation and providing financial inclusion as part of Nigeria’s digital transformation journey. The memorandum of understanding with Visa and eGate ensures the implementation of the latest digital financial services to support the government’s agenda. We are confident that the implementation of digital solutions through the memorandum of understanding will meet the ambitions and requirements of users throughout the country.”

The MOU is part of a strategic partnership to strengthen Nigeria’s digital economy by leveraging Visa’s global network and eGate as one of the leading companies in digital transformations, and NASDRA innovative research capabilities.

Andrew Oboye, Vice President and Group Head at Visa West Africa said, ”This collaboration is evidence of our commitment to supporting the growth of the digital economy in Nigeria.  We believe that through our combined efforts, we can drive significant progress in digital transformation and financial inclusion, and over the past few years the ICT sector, healthcare and agriculture have been leading economic industries contributing to the country’s GDP.”

Oboye continued, “Our goal is to help individuals and economies prosper, and we are committed to helping governments adopt technologies and automation that achieve full digitization, efficiency in financial operations, accountability, and improved delivery of citizen services.”