NIMC eyes massive rollout of e-ID cards by 2019 to drive financial inclusion

by | May 10, 2018

The National Identity Management Commission (NIMC) has revealed plans to issue electronic identity cards (e-ID) to 70 million Nigerians in a bid to further boost financial inclusion drive.

According to the Nigeria Communications Week, the issuance of the 70 million new cards is expected to be completed by December 2019.

The e-ID card was launched by former president Goodluck Jonathan in 2014 but there have been issues with issuance; those that registered for the card a year after its launch are yet to get one.

Advertisement

During the launch then, the former president made a show of using the card to withdraw cash from an Automatic Teller Machine (ATM). The card is embedded with a payment chip which is attributable to a partnership between the commission and MasterCard Inc.

“There are plans to expand the collaboration by including other payment companies, with the ultimate target of covering all citizens,” said Aliyu Aziz, NIMC Director-General.

Surely, working with payment companies on the e-ID card can have a great effect on the financial inclusion drive of the Central Bank of Nigeria.

And the federal government is already exploiting the potentials of the e-ID scheme as the National Identity Number (NIN) — which is generated after registering with NIMC — is now a requisite to get an international passport. The number is also mandatory for land allocation in the Federal Capital Territory, Abuja.

A unified database would not only help with the financial inclusion drive, it has proven to help cost waste. The federal government through the Integrated Payroll and Personnel Information System (IPPIS) uncovered 80,000 ghost workers in the Nigeria Police Force.

Yinka Awosanya
Yinka Awosanya

Mobile & African Tech Enthusiast │ Data Analyst │ Music

Advertisement


Are you in tech and you are looking at getting a foreign remote job or you want to move abroad? Fill this form and you will get the BEST resources to help you get that high paying remote job as well as japa easily! WAGMI!

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Recent News

Reclaiming stolen African artefacts

Reclaiming stolen African artefacts

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses how Traction wants to stop fake alerts, Canza Finance’s journey, Esaal’s $1.7m seed round, and JABU’s $15m series A.

[PODCAST] Relooting African art with NFTs

[PODCAST] Relooting African art with NFTs

What do you think about an NFT project that wants to reclaim Africa’s lost artefacts? Well, the editorial team had some interesting thoughts, and you can listen to this and other stories on today’s episode of #TechpointAfricaPodcast.

$2 million to drive learning via WhatsApp 

$2 million to drive learning via WhatsApp 

On #TechpointDigest, we discuss how major players in the African mobility space can change the mobility narrative, FoondaMate’s $2 million funding, Twitter Create, and AMP’s $5.6 million seed round.

[PODCAST] Taxing calls to give you healthcare

[PODCAST] Taxing calls to give you healthcare

The Nigerian government wants to tax phone calls to provide better healthcare. In today’s edition of the #TechpointAfricaPodcast, we discuss possible implications and upsides to this.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Blockchain Explorer

Analysis oninnovation, regulations, and trends inthe blockchain sector, as it concerns Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap