Ecobank has entered into a partnership with the Kwara State Government and South Gate
Technologies on land administration.
TheÂ partnership entails the computerisation of the end-to-end processes of all land related matters in Kwara State as opposed to the manually driven mechanism which allows for revenue leakages. Ecobank and its technical partner, South Gate Technologies, willÂ develop and deploy e-governance solutions for better revenue efficiency.
The project is to be executed under the Public Private Partnership (PPP) model of Design-Finance-Deploy- Train and Manage (DFD-TM) with a tenor of five years.
Â According to a statement, a memorandum ofÂ understanding (MoU) with Kwara State Government and South Gate Technologies was signed in Illorin to signify the commencement of the Scheme last week.
Â Commenting on the development, theGroup Chief Executive, Ecobank Transnational Incorporated (ETI),Â Mr.Â Ade Ayeyemi,Â who wasÂ represented byÂ theGroup Head, Cash Management and Client Access, ETI,Â Isaac Kamuta,Â said the choice of Ecobank as partner in the digitisation project further attestedÂ to theÂ bankâ€™s pedigree in revenue collection and digital banking technology.
He assured that theÂ bank has put measures in place to ensure the realisation of the set objectives.
Â â€œWe are indeed glad for this opportunity extended to us once again by the Kwara State government. We will make success out of this project just like we did with the Kwara Payroll project. Also, working with our partner, South Gate Technologies who have the requisite expertise having embarked on similar projects in some other states will definitely bring about the expected result,â€ he said.
Â Also speakingÂ at the event, the Kwara State Governor, Dr. Abdulfatah Ahmed, said the digitisation of land administration wasÂ expectedÂ to introduce efficiency into land administration, create optimal utilisation of wealth and effective deployment of goods and services in the state