PalmPay Supports Lagos Agriculture Initiative with Payment Solutions

Emma Okonji

PalmPay, a leading fintech platform, has partnered Lagos State government to bolster its agricultural initiative, offering robust payment solutions to empower residents and businesses alike with the necessary financial tools for success through the Food Discount Market initiative tagged – OunjeEko

OunjeEko, meaning – Lagos Food, is a food intervention programme by Governor Babajide Sanwo-Olu of Lagos State, aimed at providing succour to residents. The initiative is taking place across five divisions of the state.

The OunjeEko markets were opened at 27 locations in Ikeja; six in Lagos Island; nine in Ikorodu; five in Epe; and 10 in Badagry divisions. The food items – rice, beans, garri, bread, eggs, tomatoes, and pepper, among others, were sold at a 25 per cent discount to residents.

Commenting on the initiative, the Head of Marketing Communications, PalmPay, Enakeno Umuteme, said: “The OunjeEko is indeed a laudable initiative especially as the country’s inflation rate stands at 30 per cent according to the National Bureau of Statistics (NBS).

“PalmPay is privileged to have participated in the OunjeEko Initiative and offered its support as one of the Independent Payment Solution providers to have partnered with Lagos State government as payment platforms providing Point of Sales PoS terminals as a means of payment.”