“…The e‐wallet system technology ensures that a Nigerian farmer receives farm input subsidy support from the FGN through accredited agro‐dealers, provides vital agro‐information alerts, is available to the agricultural extension system, and facilitates microlending and insurance schemes (Olomola, ). The rapid adoption of the e‐wallet program has generated a great deal of speculation and optimism regarding its effect on economic development in the country (Adenagan, Fagbemi, Osanyinlusi, & Omotayo, ; Adesina, ; Grossman & Tarazi, ; Uduji & Okolo‐Obasi, ; Wossen et al, ). However, an emerging body of research shows that the reduction in communication costs associated with the e‐wallet program has intangible economic benefits, including the improvement of agricultural and labor market efficiency as well as producer and consumer welfare in specific circumstances and areas (Adebo, ; Fadairo, Olutegbe, & Tijani, ; Nwalieji, Uzoegbunam, & Okeke, ; Tiri, Ojoko, & Aruwayo, ).…”