Mobile Money Technology Project in Rural Communities, A Case Study of Northern Nigeria


  • Folashade Kemi-Lawal, Texila America University, Guyana
  • Abiodun Olaiya Paul AXIOS International, Utako, FCT, Abuja, Nigeria
  • Sanni Olaniyi Felix Lagos State University Teaching Hospital, Ikeja, Lagos State, Nigeria


Mobile money,, Financial inclusion,, Phones, Payment methods


Background: A good and efficient system of transaction is very vital to effective
and efficient economic advancement. The project called 'Firstmonie' by First
Bank of Nigeria is a mobile financial service that permits a customer to make easy
transactions such as, payment of bills, make a purchase and top up airtime
through the mobile phone. The major objective of this thesis is to assess the
success of the project, using the first batch data out of the ten batches of the
Method: This study obtained data from the execution of the MOU between First
Bank of Nigeria and the UNICEF in collaboration for the distribution of payments
to rural volunteers in the Northern part of Nigeria on polio and other
communicable diseases eradication project. The mobile payment was carried out
through the four major Telcos in Nigeria, they are MTN, Globacom, Airtel, and
9Mobile. Data from the project centers analyzed using SPSS and Microsoft Excel
version 2016.
Result: Exactly 22,885,000.00 was disbursed to 2,185 beneficiaries in the 7
states. Kano state recorded the highest number of beneficiaries of 28.0%.
Kaduna and Jigawa state beneficiaries collected over 300,000.00. Of the 2,298
people that enrolled for the first batch, 2,185 (95.1%) were successfully paid.
Also, of the 23,955, 000.00 allocated for 2,298 people enrolled, 22,885,000.00
was disbursed to 2,185 while 1,130,000.00 was returned to sponsor.
Conclusion: Mobile money recorded a huge success in the Northern part of
Nigeria, even in remote areas, this is an assurance that the project will succeed in
other parts of Nigeria. Since language was not a barrier to the success of the
project in the Northern states, where there is very high illiteracy in Nigeria, the
project can therefore succeed in the entire nation and other developing
countries, if the same method of using indigenes, who understand the local
languages employed by in firstmonie project can be adapted.

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How to Cite

Folashade Kemi-Lawal, Abiodun Olaiya Paul, & Sanni Olaniyi Felix. (2020). Mobile Money Technology Project in Rural Communities, A Case Study of Northern Nigeria. BRICS JOURNAL OF EDUCATIONAL RESEARCH, 10(July-December), 66-70. Retrieved from