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Over 100,000 Farmers Benefit from Social Lender-OCP Africa Collaboration

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As part of efforts to alleviate the suffering of Nigerians in the rural communities during the Covid-19 crisis, over 100,000 smallholder farmers have got personalized financial services, even as Social Lender – a fintech company and OCP Africa – one of the largest fertilizer companies in Africa are working together.

More than 60% of smallholder farmers in Nigeria do not have Bank Verification Number (BVN) and are currently unbanked or under-banked. To alleviate this problem, Social Lender has collaborated with OCP Africa to bring financial services to Nigerians especially those in the value chain.

Millions of smallholder farmers lack BVN. It is one of many indicators of the absence of financial inclusion. This has led to a lack of economic inclusion and poverty among these farmers and other stakeholders.

Caleb Usoh, the Country Manager, OCP Africa Fertilizers Nigeria, said that the aim of the partnership “is to ensure financial inclusion of a larger percentage of smallholder farmers in the country through BVN registrations and financial literacy training”.

According to him, the collaborative effort will alleviate their sufferings and help them to improve their lives.

He added that the collaboration with Social Lender would help to prepare the farmers to gain access to competitive financial services provided by top institutions in Nigeria and beyond, and help improve their livelihood.

Explaining how the partnership was formed with Social Lender, Usoh said the company emerged as one of the winners of the prized grant of the OCP-supported Impulse Start-up Accelerator challenge fund programme.

“This has boosted the partnership and is reflected in the increased number of beneficiaries who have accessed the services on offer”, he said.

The partnership would allow Social Lender the opportunity to leverage OCP Africa’s existing 51 retail input distribution hubs called the One Stop Shop, which is spread across rural farming communities in Nigeria.

Social Lender would provide several services to the farmers which include a series of financial literacy training, financial inclusion through the creation of BVN accounts, mobile money and credit profiling as well as helping the farmers to obtain small scale loans.

Faith Adesemowo, the Chief Executive Officer of Social Lender, reiterated the importance of the partnership by inviting other organisations interested in serving the huge market segment to collaborate with Social Lender. She informed that her company “is currently building a low cost distribution infrastructure” model needed to serve the unbanked and under banked.

“We are building an innovative solution to serve this market effectively. The Social Reputation score is our main asset. For the offline market, we have started with a pilot in 2018 with CGAP, a division of the World Bank. Working with EFINA, we have scaled to six states including two Northern states. With OCP Africa partnership, we will add 31 locations and cover 14 states,” she said.

Adesemowo said the company is a fintech that works across all industries. “We have just chosen to have a strategic focus in agriculture due to the fact that a large number of the financially excluded are a part of this demography. Social Lender may someday become a full agritech but for now, we are fintech working in agriculture”, she said.

The Chief Operating Officer of Social Lender, Mudiaga Ogboru said that partnership with OCP has further unlocked the value in the agricultural value chain, as more farmers have gained access to formal financial service like agro-loans, equipment leasing financing, fertilizer on credit, quality seeds and other agro-necessity.

“We are building a network for trust, credit and much more. For us, financial literary is the bedrock for financial inclusion and economic inclusion. We have built a robust financial literacy curriculum that is sufficiently equipped and digestible to the farmers because it is communicated in a language that is most comfortable for the farmers,” he said.

Many farmers have already benefited from the partnership. One of them, Jibril Mansur, from Kaduna, lauded the initiative. He has joined the financial ecosystem programme because it was brought to his community.

Hajiya Aisha, another beneficiary from Kano expressed how the opportunity has changed her life. She is currently gradually being upgraded from an unbanked customer with no bank account, BVN, and access to credit into the formal financial system. “This is a level 10 on Social Lender’s digital financial inclusion journey”, Ogboru explained.

Ogboru said the partnership was launched as part of the OCP Africa Covid-19 palliative intervention which was implemented in 32 locations across 12 states in Nigeria.


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SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

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Socio-Economic Rights and Accountability Project (SERAP) has dragged the Independent National Electoral Commission (INEC) to court over the alleged failure to account for ₦55.9 billion reportedly meant for the procurement of election materials for the 2019 general elections.

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

The grave allegations are documented in the latest annual report published by the Auditor-General on 9 September 2025.

In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP is seeking: “an order of mandamus to direct and compel INEC to account for the missing or diverted N55.9 billion meant to buy smart card readers, ballot papers, and other election materials for the 2019 general elections.”

SERAP is also seeking: “an order of mandamus to direct and compel INEC to disclose the names of all contractors paid the N55.9 billion for the procurement of smart card readers, ballot papers, result sheets, and other election materials for the 2019 general elections, including the names of their directors and shareholders.”

In the suit, SERAP is arguing that: “INEC must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”

SERAP is also arguing that, “INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered.”

According to SERAP, “INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.”

SERAP is also arguing that, “These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law.”

SERAP also said, “Allegations of corruption in the supply of smart card readers, ballot papers, result sheets and other election materials directly undermine Nigerians’ right to participate in elections that are free, fair, transparent, and credible.”

The lawsuit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Kehinde Oyewumi, and Andrew Nwankwo, read in part: “These grim allegations by the Auditor-General suggest a grave violation of the public trust, the Nigerian Constitution 1999 [as amended] and international anticorruption standards.”

“According to the recently published 2022 audited report by the Auditor General of the Federation (AGF), the Independent National Electoral Commission (INEC) ‘irregularly paid’ over N5.3 billion [N5,312,238,499.39] ‘to a contractor for the supply of Smart Card Readers for the 2019 general elections’.

“The contract was awarded without prior approval from the Bureau of Public Procurement (BPP) and the Federal Executive Council. The payment was also ‘made without any document. There was no evidence of supplies to the commission.’”


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FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

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Federal government has inaugurated a ₦40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos.

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Speaking at the inauguration on Sunday, David Umahi, minister of Works, said the project followed extensive rehabilitation works carried out on the bridge after the current administration took office in 2023.

“When we came on board in 2023, we met a very terrible Third Mainland Bridge,” Umahi said, adding that the structure, along with Carter and Iddo bridges, required comprehensive re-evaluation and repairs both above and below water level.

He said President Bola Tinubu approved the total rehabilitation of the bridge, including replacement of expansion joints, noting that the completed work had improved driving conditions and extended the bridge’s lifespan.

Umahi said the CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts and strengthen security.

He added that security personnel would monitor live footage from the control centre and enforce speed limits on the bridge.

The minister commended the China Civil Engineering Construction Corporation (CCECC), which executed the project, for what he described as high-quality delivery. He said the contract also included a surveillance boat and two Hilux vans, which would be handed over to the police to support monitoring and rapid response.

“The idea is that we can see everything that is happening on the bridge,” Umahi said, expressing concern over excessive speeding and urging motorists to comply with traffic regulations.

Earlier, Olufemi Dare, federal controller of works in Lagos, said the facility was the first of its kind on any bridge in Nigeria.

He said the system allows real-time monitoring of activities on the bridge and surrounding waters.

Dare said the project includes 240 solar panels, 10 inverters, a 300 KVA transformer, a standby generator, multiple monitoring screens and full air-conditioning for the control centre.

He added that the contract also covers 1,268 solar-powered street lights and a borehole facility.

According to Dare, the project was awarded at a cost of ₦40.17 billion, with about ₦36 billion paid so far to the contractor. He said the current inauguration marked the first phase, with additional commissioning planned once work on the bridge’s extension is completed.

He thanked the president for approving the project and praised Umahi for ensuring due process during its execution.


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AI Founders and Developers to Converge in Lagos for AI in Action 2026 conference

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Debola Ibiyode, Convener of AI in Action 2026 and CEO of Carbon AI,
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As Africa stands at the threshold of a digital revolution, Carbon AI has officially announced the AI in Action 2026 conference, scheduled for January 22, 2026, at the Lagos Oriental Hotel.

In a statement in Lagos, Debola Ibiyode, Convener of AI in Action 2026 and CEO of Carbon AI, disclosed that the AI in Action 2026 conference aims to move beyond the typical industry hype to focus on practical, homegrown innovation under the theme: “Driving Productivity, Innovation, and Sustainability—Building the Future in AI Together.”

“AI in Action 2026 is designed as a high-impact platform where deep-tech innovation meets real-world application. The conference will specifically explore how Large Language Models (LLMs), Agentic AI Frameworks, and Generative AI can be harnessed to power Africa’s transformation,” she noted in the statement.

Debola also emphasizes that the time for mere discussion has passed, stressing that AI in Action 2026 is for people who want to do more than just talk about AI; it’s for those ready to build, apply, and lead.

“We aren’t chasing hype or funding; we are chasing real impact. Our mission is to empower budding founders to turn ideas into deployable solutions while championing responsible AI adoption that creates measurable social and economic change across the continent,” she added.

The statement explains that the conference features a curated experience designed to foster genuine collaboration. It includes keynote speeches and panels that offer deep dives into Generative AI, Agentic Frameworks, and their intersection with global sustainability.

Attendees can participate in practical workshops with hands-on sessions focused on building, deploying, and scaling AI tools. The event also features a startup and product showcase that highlights cutting-edge, African-built AI solutions.

Additionally, dedicated mentorship and networking sessions will connect early-stage founders with seasoned practitioners and industry leaders.

The event is a call to action for a diverse cross-section of the ecosystem, including Software and AI Engineers, Data Scientists, Business Leaders, Educators, Policymakers, Students, and ICT Infrastructure companies, enabling AI deployment, including datacenter providers. By bringing these groups together, the conference seeks to ensure the AI revolution is inclusive, ethical, and sustainable.

AI in Action 2026 Now offers tiered sponsorship packages for organizations looking to position themselves at the forefront of Africa’s technological future. Sponsors will gain direct access to a unique demographic of decision-makers and the next generation of AI talent.

“Africa’s digital revolution must be homegrown. Whether you’re building solutions, shaping policy, or mentoring young innovators, this is your platform. Together, we’re not just discussing the future, we’re building it,” she concluded.


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