AfnewsAfnewsAfnews
  • Home
  • Latest
  • National News
  • Top Stories
  • Politics
  • State News
  • Entertainment
  • Crime
  • Society New
  • Sports
  • More
    • World News
    • Editorial
    • Business
    • News
    • Opinion
Reading: JUST IN: FG plans to replace BVN with NIN – Pantami |READ FULL
Share
Notification Show More
AfnewsAfnews
Search
  • Home
  • Latest
  • National News
  • Top Stories
  • Politics
  • State News
  • Entertainment
  • Crime
  • Society New
  • Sports
  • More
    • World News
    • Editorial
    • Business
    • News
    • Opinion
Follow US
Afnews > Blog > National News > JUST IN: FG plans to replace BVN with NIN – Pantami |READ FULL
National News

JUST IN: FG plans to replace BVN with NIN – Pantami |READ FULL

Afnews Editor
February 8, 2021
Share

The Federal Government has stated arrangements are ongoing to replace the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN).

The Minister of Communications and Digital Economy Dr 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.

To ascertain the smooth registration of Nigerians, the Minister visited the National Identity Management Commission (NIMC) registration Centre in Gwarinpa, the Zonal Headquarters of MTN, Glo Mobile and Airtel in Maitama as well as a Private operator, OMNL, Nigeria.

Accompanied by the Executive Vice Chairman of NCC, Prof Garba Danbatta; Director-General General of NITDA, Kashifu Inuwa and Chief Executive Officer of NIMC, Engr Aliyu Aziz, the Minister said he was impressed by the strict adherence to COVID-19 protocols at all the registration centres.

Responding to challenges encountered by those with the BVN data trying to upgrade with NIN data, Pantami said:” The challenge is that the BVN records may not be 100 percent the same with NIN but what is most important is that the NIN is the primary identity of each and every citizen, including legal residents.

“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.”

Asked to clarify government position on the BVN replacement with NIN, Pantami said:” I made a presentation to National Economic Sustainability Committee and I drew the attention of CBN Governor that we need to replace BVN with NIN because the BVN is a bank policy while NIN is a law.

“Because it has been established by law so the strength of the law wherever you go is not the same with a policy of one institution.

“Also, BVN is only applicable to those who have bank accounts but NIN is for every citizen and legal residents in the country. BVN is our secondary database while NIN and the database is the primary one in the country that each and every institution should make reference to NIMC.”

 

SOURCE

Related

Listen to top Radio Stations in Abia State CLICK HERE

Support Afnews Independent Journalism

At Afnews, we are dedicated to providing accurate, insightful, and timely news coverage. Our commitment to journalistic integrity ensures that you receive trustworthy information, unfiltered and unbiased. To maintain our independence and continue delivering quality content, we rely on the support of our readers.

If you value the work we do, please consider making a contribution. Your support enables us to keep bringing you the stories that matter.

Donate today and help us keep independent journalism alive. Thank you for your support!

MAKE A DONATION
Read What Customs Boss Did When He Stormed Katsina-Niger Republic Border Today
171 STRANDED NIGERIANS RETURN FROM LIBYA
PDP Reveals Why President Tinubu Is to Blame for Stampede Incidents Across Nigeria
COVID-19: Sanusi reveals what Muslims will lose if they disobey govt
Kano: We did not banish Sanusi , Kano Attorney General speaks
TAGGED:Pantami
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram
1 Comment
  • Pingback: เน็ตบ้าน ais

Leave a Reply

Your email address will not be published. Required fields are marked *

RECENT EDITION

Recent Posts

  • Fintiri declares self APC leader in Adamawa after defection
  • BREAKING: Protesters Storm U.S. Consulate Entrance in Karachi Over Iran Strikes, Security Forces Fire Tear Gas | WATCH VIDEO 
  • Otti Reveals Who Owns Enyimba Hotel After Flag-Off Of Radisson Blu Project | READ DETAILS 
  • Nsulu Airport Takes Shape As Gov. Otti Pays Over 4,000 Landowners — Why Abia’s Future Looks Brighter Than Ever | WATCH VIDEO 
  • Why Atiku, Obi, Amaechi and Others Are Rejecting the Amended Electoral Act 2026 | READ DETAILS
Popular News

PDP Unveils E-Registration Of Party Members | READ IN FULL

Faith Ukanwa
Faith Ukanwa
September 1, 2021
Akwa Ibom community threatens to shut oil firms
COVID 19: Tinubu writes fresh letter, advises Buhari on how to avert economic calamity |READ DETAILS
Player accuses Diamond Football Club Chairman of Assault
Why Nigerians Should Support Tinubu’s Govt – Nyesom Wike | READ DETAILS
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
AfnewsAfnews
© Afnews Media. All Rights Reserved.
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?