A leading fintech company, PalmPay is partnering with the Lagos State Government on the Food Discount Market - Ounje Eko, taking place across five (5) divisions in Lagos State effective from Sunday, March 17, 2024.

Ounje Eko, translated to - Lagos Food, is a recent food intervention program brought into being by Governor Babajide Sanwo-Olu of Lagos State, aimed at providing succor to residents.

According to the Honourable Commissioner, Information and Strategy, Gbenga Omotoso, “the markets will be open at 27 locations in Ikeja; six in Lagos Island; nine in Ikorodu; five in Epe; and 10 in Badagry divisions. The food items - rice, beans, garri, bread, eggs, tomatoes, pepper, among others - are being sold at a 25% discount to residents.”

Furthermore, the Head of Marketing Communications, PalmPay, Enakeno Umuteme noted, “ This is indeed a laudable initiative especially as the inflation rate stands at 30% according to the National Bureau of Statistics (NBS).”

“PalmPay is privileged to participate in Ounje Eko and give support as one of the Independent Payment Solution providers partnered with Lagos State Government as payment platforms providing POS terminals as a means of payment.”

Mr Umuteme added, "At PalmPay, we are committed to empowering individuals and businesses with the tools they need to thrive, and we believe that by supporting this intervention, we can make a meaningful impact in our community.