Hardship: MoMo PSB Backs Ounje Eko Initiative With Equipment

As part of its ongoing support for the Ounje Eko Initiative, MoMo Payment Service Bank (PSB), the fintech division of MTN Nigeria, has presented equipment to the Lagos State Commissioner for Agriculture and Food Systems.

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.

By establishing fresh food hubs, the initiative directly addresses food insecurity by connecting consumers to local farmers and offering nutritious food options at subsidised 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.

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Speaking on the donation, the head of Internal Audit, Dr Howard Edafe, remarked, “On behalf of MoMo PSB and MTN Nigeria, we are honoured to present these items in support of the Ounje Eko Initiative. We believe every individual deserves access to basic necessities, and we appreciate the Lagos State government’s efforts to make 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, the Agriculture and Food Systems commissioner, Hon. Abisola Olusanya, 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 going on for seven months and is 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.”

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 extends beyond financial services, actively contributing to the betterment of Lagos communities.