E-Payment System Adoption in Nigerian Ministries, Departments and Agencies (MDAs): Gains and Challenges

Scirj Volume II, Issue III, March 2014 Edition
ISSN: 2201-2796

E-Payment System Adoption in Nigerian Ministries, Departments and Agencies (MDAs): Gains and Challenges

Adeyemi Vincent Ademola, Nwakpa Friday Chika

Abstract: ICT is a fast developing technology; its application typically involves the introduction or enhancement of systems or technology to meet a particular business need. An example of such application is the e-Payment system, a subset of e-Government that enables us to perform financial transactions electronically. A survey was conducted in the federal government of Nigeria’s Ministries, Departments and Agencies (MDAs) to examine the gains and challenges of the e-Payment system commenced on January 1st, 2009. Non-parametric tests were used to establish the rank orders of gains from e-Payment and the challenges, based on median values for each variable, as well as the number of valid answers. The result revealed the most appreciated gains and most encountered challenges of the new system. The t-Test result for the gains of e-Payment shows that the mean number of positive response was significantly different (P < 0.01) from that of the negative response for each of the gains. Also, the t-Test result for the challenges of e-Payment shows that the mean number of positive response was significantly different (P < 0.01) from that of the negative response for each of the challenges.

Reference this Paper: E-Payment System Adoption in Nigerian Ministries, Departments and Agencies (MDAs): Gains and Challenges by Adeyemi Vincent Ademola, Nwakpa Friday Chika published at: "Scientific Research Journal (Scirj), Volume II, Issue III, March 2014 Edition, Page 54-58 ".

Search Terms: e-Payment, ICT, MDAs, Gains, Challenges

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