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NIN To Replace BVN Soon, Says Pantami
- The Minister visited the National Identity Management Commission (NIMC) registration Centre in Gwarinpa, the Zonal Headquarters of MTN, Glo Mobile and Airtel in Maitama
The Federal Government has said that arrangements are ongoing to replace the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN).
The Minister of Communications and Digital Economy, Isa Pantami, who disclosed this to newsmen shortly after a tour of telecoms operators and NIN licensees in Abuja, said President Muhammadu Buhari has been briefed on the on-going NIN registrations.
Pantami who said the President was happy with the conducts of the exercise so far, added he had also briefed the National Economic Sustainability Committee headed by Vice President Yemi Osinbajo on the imperative of replacing BVN with NIN.
Pantami argued that while BVN was only for accounts holders with various banks, the National Identity Numbers are for all Nigerians irrespective of their status.
Read also: NIN Generated With BVN, USSD Codes Must Be Validated At Enrolment Centres – NIMC
He said: “BVN is a policy of a bank and has not been established by law, NIN is the only mandatory number and the primary identification of our citizens and every other identification is secondary.
“The NIMC Act 2007 provides that all our citizens must be enrolled and the law gives them 60 days to enroll from the time the law was enacted and a maximum of 180 days and all permanent residents in the country and legal residents that have to stay here for a minimum of 24 months must be enrolled.
“So this is the primary identification of all and all other data bases are supposed to utilize this and not for NIN to utilize the BVN because it is the primary one.
“We discussed with the CBN Governor today on how to ensure that all our citizens with BVN will immediately be provided with the NIN. We are working on that but facilitating the process lies on CBN to make it much easier for our people.”
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