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    SEC approves 7 NGX’s Derivative Contracts, to launch first ETD in west Africa

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    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    BREAKING: Former President, Muhammadu Buhari dies at 82

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    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

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    FX Restrictions: Nigerian banks resume international transactions on naira cards

    Billionaire businessman Aminu Alhassan Dantata dies at 94

    Billionaire businessman Aminu Alhassan Dantata dies at 94

    Israel and Iran agree on ceasefire – Trump

    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

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    UK tightens visa rules for care workers, skilled workers and students

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    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

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    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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    Champion Breweries Plc to issue additional shares

    Stanbic IBTC Holdings Plc announces N1.50 interim dividend for half-year 2023

    Jaiz Bank announces final dividend

    Over 5 billion additional ordinary shares of Jaiz Bank Plc listed on NGX

    Jaiz Bank Plc reports N23 billion profit for 2024 FY.

    Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

    Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

    AGM suspension: Oando’s shareholder wins court case against SEC

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    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

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    Zenith Bank to exit CBN forbearance restriction end of June, confident in dividend payments

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

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    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

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    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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Nigeria achieved 70% NIN Target – Report

Wednesday, 3 April 2024, 9:33 pm
in News, Nigeria
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Nigeria achieved 70% NIN Target – Report
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A new report by the World Bank has rate the performance of the Nigeria Identity for National Development (ID4D) as satisfactory, stating that the Nigeria Identity Management Commission (NIMC) is making progress.

The Nigeria Identity for National Development (ID4D) initiative, which commenced in 2019, is being financed through an International Development Association (IDA) credit of $115 million and co-financing of $100 million from the French Agency for Development and $215 million from the European Investment Bank.

According to the World Bank, which facilitated the loans and monitored the project, as of April 30, 2023, a total of $35.6 million had been disbursed for the implementation of the project. The target is for Nigeria to increase the number of persons with a National Identity Number (NIN), issued by a robust and inclusive foundational Identification (ID) system, that facilitates their access to services. As of December 2023, 104.16 million Nigerians had received NINs, thereby achieving 70 per cent of the target, according to NIMC figures. By June 2024, NIMC is scheduled to have provided 148 million Nigerians with their NIN under the scheme.

The World Bank, in its latest implementation report on the project published on March 29, 2024, said NIMC is making satisfactory progress. The World Bank, while highlighting some of the milestones of the projects in its latest implementation report on the project published on March 29, 2024, said NIMC is making satisfactory progress.

According to the World Bank, NIMC has updated its Android enrollment software which will shorten the time of enrolment, adding that, “Updates include the reduction of the enrolment fields to 10 minimal fields, and the introduction of a two-factor authentication for enrolment officers amongst other features of the upgrade are completed. In addition to shortening the enrollment time, the project has established relationships with humanitarian and civil societies to ensure the inclusive capture of women. Enrollment numbers reached ~45 million from ~15 million at the onset of the project, which is 59.4 per cent of the targeted female enrollment. Features of the completed upgrade include a child enrolment use case and school-based enrolment campaigns, which were tested during the test phase enrolments. The total child enrollment reached 16 million from almost nothing at the onset of the project, which is 31.1 per cent of the targeted child enrollment”, it pointed out.

Despite recent worries about illegal access to the NIN database, the report showed that significant updates have been made to the various NIMC system components, including new front-end software enrollment, middleware solutions, important life-cycle modules, and many more. It claimed that all of these had improved built-in data security and improved protections.

“On the other hand, the system does not currently allow real-time NIN generation. Efforts are underway to improve the efficiency of the systems which will reduce the time between NIN application and NIN generation. NIMC is working on updating the back-end solutions to enable this. Specifically, the ABIS and middleware vendors, IDEMIA and Nadra”, it said.

Ugochi C.

Ugochi Olivia Ubah is an Educator and a Writer

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