{"id":143719,"date":"2022-02-03T16:15:05","date_gmt":"2022-02-03T15:15:05","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=143719"},"modified":"2022-02-03T16:15:05","modified_gmt":"2022-02-03T15:15:05","slug":"akinwumi-adesina-technology-has-improved-food-security-transparency-in-use-of-public-funds","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/02\/03\/akinwumi-adesina-technology-has-improved-food-security-transparency-in-use-of-public-funds\/","title":{"rendered":"Akinwumi Adesina: Technology has improved food security, transparency in use of public funds"},"content":{"rendered":"<p>President of the African Development Bank (AfDB), Akinwumi Adesina has stated that the emergence of technology has brought transparency in the use of public funds and boosted food security.<\/p>\n<p>This was stated on Wednesday by Adesina at the<span data-preserver-spaces=\"true\">\u00a038th Founders\u2019 Day and 30th convocation ceremony of the Federal University of Technology, Minna.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Adesina highlighted the enormous use of technology in businesses, security, and how it has increased the food security of Nigeria.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cTechnology drives the world. As minister of agriculture, I turned to the power of technology and mobile phones to provide 15 million farmers with access to improved seeds and to end corruption in the sector. It was revolutionary \u2014 the first, not only in Africa but in the world,\u201d Adesina said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cIt helped Nigeria to produce a record-breaking 21 million metric tons of food. It boosted food security and expanded wealth for farmers, from the north-east, north-west north central, south-west, east, and south-south of the country. It brought transparency and accountability into the use of public funds.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cSeveral Nigerian Fintech <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/12\/16\/fec-okays-startup-bill-to-provide-enabling-environment-for-entrepreneurs\/\">entrepreneurs<\/a> are raising millions of dollars using tech to deliver digital payment systems. Three Nigerian fintech companies (Interswitch Pay Pal, and Flutterwave) have reached the $1 billion mark.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He further said the technology would shape the nearest future, contributing to all sectors.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWelcome to the power of big data analytics that will transform learning in schools, enhance decision making in academia, research, in the public and private sector, banking and in every sphere of life and industries. Welcome to the power of technology for public transparency and for holding governments accountable,\u201d Adesina said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cTech now allows for enhanced security systems, from military reconnaissance and intelligence. Satellite imagery and remote sensing allow us to track the effects of climate change. Artificial intelligence systems power driverless tractors and harvesters for farmers.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cIn the very near future, due to machine learning and artificial intelligence, your colleagues in the office or industry will not be just Musa, Emeka, Yetunde or Ada, but Yekini Jones or Bobo \u2014 the robots.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Adesina, however, said the bank is in the quest to drive digitisation and encouraged youths in Nigeria and Africa to be a part of it.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe African Development Bank is preparing the youth of Africa to lead in the new digital economy. We have just provided $170 million to Nigeria to help drive its I-DICE initiative that will help expand the digital industry and grow jobs in the creative industries,\u201d he added.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President of the African Development Bank (AfDB), Akinwumi Adesina has stated that the emergence of technology has brought transparency in the use of public funds and boosted food security. This was stated on Wednesday by Adesina at the\u00a038th Founders\u2019 Day and 30th convocation ceremony of the Federal University of Technology, Minna. Adesina highlighted the enormous [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":117254,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[2677,780,5734,957],"class_list":["post-143719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-afdb","tag-akinwumi-adesina","tag-food-security","tag-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Akinwumi Adesina: Technology has improved food security, transparency in use of public funds<\/title>\n<meta name=\"description\" content=\"President of the African Development Bank (AfDB), Akinwumi 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