Nigeria, Global Good Sign MoU on Technological Solutions

farmland

A Memorandum of Understanding (MoU) has been signed between the Federal Government of Nigeria and the Global Good Fund co-founded by US billionaire, Bill Gates, in Abuja.

Details of the MoU indicate it will provide the framework for identifying specific challenges in sectors such as agriculture and healthcare, and provide the necessary technological solutions to impact the lives of Nigerians. A statement by the Special Assistant to the Vice-President on Media and Publicity, Mr Laolu Akande, said the Vice-President, Prof. Yemi Osinbajo signed for Nigeria while Mr David Keogh, the Director of Global Good Fund, signed on behalf of the Fund.

In the speech of the Vice President delivered by Akande, the Vice-President said the administration “is interested in the idea of using technology, because it is the way forward for those interested in rapid growth in the next decade”. He said there was the need to develop specific technology solutions that would target low level subsistence farmers and small, micro and medium enterprises, with the resultant effect of impacting lives.

While commending the initiative to engage with the Global Good Fund in the effort, the Vice-President charged the partners to ensure that measurable targets are set to achieve tangible results. He stated that the company, working in collaboration with multi-lateral agencies, non-profit organizations and governments, would identify challenges in different value chains and provide technological solutions to these challenges.