MoMo PSB Supports Ounje Eko Initiative With Supply of Essential Items

As part of its ongoing support for the Ounje Eko Initiative, MoMo Payment Service Bank (PSB), the fintech division of MTN Nigeria, has presented essential items to the Lagos State Commissioner for Agriculture and Food Systems, Hon. Abisola Olusanya, during a ceremony held at the Mushin Food Hub in Idi-Oro, Lagos.

This highlights the company’s commitment to improving food security and to support Lagos State’s efforts to tackle food inflation through sustainable and inclusive initiatives.

The Ounje Eko Initiative, spearheaded by the Lagos State Government, aims to alleviate the effects of rising food costs by providing affordable, locally sourced produce to communities across the state.

Through the establishment of fresh food hubs, the initiative directly addresses food insecurity by connecting consumers to local farmers and offering nutritious food options at subsidized rates.

The items presented at the ceremony include 87 co-branded shopping carts, 136 co-branded weighing scales and 100 MoMo-branded aprons.

These contributions will boost the operations of the Lagos Fresh Food Hub, ensuring a more efficient distribution of food items to the community.

Speaking on the donation, Dr. Howard Edafe, Head, Internal Audit remarked “On behalf of MoMo PSB and MTN Nigeria, we are honored to present these items in support of the Ounje Eko Initiative. We believe that every individual deserves access to basic necessities, and we appreciate the Lagos State Government’s efforts in making this a reality. We reaffirm our commitment to support initiatives that drive positive change and improve the well-being of our community. Together, we can create a brighter, more prosperous Lagos for all, and we look forward to strengthening our partnership with the Lagos State Government to achieve this vision.”

Expressing her appreciation, Hon. Abisola Olusanya, Commissioner for Agriculture and Food Systems said, “When we officially launched the Ounje Eko Initiative, we believed that MoMo PSB was the ideal partner to help execute our vision. This collaboration has been on for seven months, growing bigger. These items are part of the company’s promise to support this initiative, and I appreciate the management of MoMo PSB for keeping to their word. I hope this collaboration marks the beginning of even greater things to come.”

The collaboration between MoMo PSB and the Lagos State Government reflects the growing recognition of the role that fintechs can play in addressing societal issues.

By leveraging its innovative payment solutions, the fintech company is facilitating seamless transactions and empowering local merchants and consumers through easy accessibility to financial services.

As the Ounje Eko Initiative moves into its second phase, MoMo PSB remains committed to supporting the state’s vision of building a more resilient and self-sufficient food system.

The fintech company’s involvement continues to extend beyond financial services, actively contributing to the betterment of Lagos communities.

Established in May 2022, MoMo Payment Service Bank is the fintech division of MTN Nigeria, focused on delivering accessible, user-friendly, and affordable financial services.

Its mission is to bridge the financial gap and promote inclusion, particularly for the underserved population across Nigeria.