Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Malami yet to meet bail requirements – EFCC

December 13, 2025

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025
Facebook X (Twitter) Instagram
Trending
  • Malami yet to meet bail requirements – EFCC
  • Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency
  • Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration
  • CBN gives PoS terminal providers one month to connect system to NIBSS, UPSL
  • Turaki, Other PDP Elder Statesmen Meet With Obasanjo In Abeokuta
  • Tinubu hails Wike as ‘Shining Star,’ exceptional performer in cabinet on 58th birthday
  • No Christian Or Muslim Genocide In Nigeria, President Tinubu Insists
  • NEMA Sets Up Emergency Response Lines For Festive season
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»‘To facilitate financial inclusion’ — FG to launch multipurpose national ID card
Government

‘To facilitate financial inclusion’ — FG to launch multipurpose national ID card

VardiafricaBy VardiafricaApril 6, 2024No Comments5 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Federal Government, through the National Identity Management Commission (NIMC), will launch an upgraded national identity card with payment functionality for all types of social and financial services.

The innovative card made in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), is to be powered by AfriGO, a National domestic card scheme.

The Head of Corporate Communications of NIMC, Kayode Adegoke, disclosed this in a statement on Friday.

The National ID card, layered with verifiable National Identity features, is backed by the NIMC Act No. 23 of 2007, which mandates NIMC to enrol and issue a General Multipurpose card (GMPC) to Nigerians and legal residents.

According to NIMC, the innovation will address the demand for physical identification enabling cardholders prove their identity, access government and private social services.

It will also facilitate financial inclusion for disenfranchised Nigerians, empower citizens, as well as encourage increased participation in nation- building.

NIMC noted that only registered citizens and legal residents with the National Identification Number (NIN) will be eligible to request the card

“The card, which will be produced according to ICAO standards, is positioned as the country’s default national identity card. In addition to this functionality, cardholders will also be able to use the cards as debit or prepaid cards by linking same to bank accounts of their choice.

“The card shall enable eligible persons especially those financially excluded from social and financial services have access to multiple government interventions programs.

“In line with data protection regulation and public interest, NIMC remains committed to protecting cardholders’ personal data and will ensure compliance with international standards on data security protocols as security features that protect the confidentiality and safety of users’ information,” the statement read in part.

Key features of the card will include Machine-readable Zone (MRZ) in conformation with ICAO for e-passport information, Identity card Issue Date and document number in line with ICAO standard.

Additional features include travel, health insurance information, microloans, agriculture, food stamps, transport, and energy subsidies, among others.

The card will also feature Nigeria’s quick response code (NQR) containing the national identification number, biometric authentication, such as fingerprint and pictures, as the primary medium for identity verification through the data on the card chip Offline capability that allows transactions in areas with limited network coverage or zero infrastructure connectivity.

Functionality as a debit and prepaid card catering to both banked and unbanked individuals will be part of the features of the card.

NIMC said request for cards by registered citizens and legal residents will be made available online, at any commercial bank, various agencies or agents participating in multiple programs and/or any of its offices nationwide

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu hails Wike as ‘Shining Star,’ exceptional performer in cabinet on 58th birthday

December 13, 2025

No Christian Or Muslim Genocide In Nigeria, President Tinubu Insists

December 13, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Trending
Trending By VardiafricaDecember 13, 20253 Mins Read3

Malami yet to meet bail requirements – EFCC

By VardiafricaDecember 13, 20253 Trending Updated:December 13, 202503 Mins Read

The Economic and Financial Crimes Commission (EFCC) says Abubakar Malami, former attorney-general of the federation,…

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025

CBN gives PoS terminal providers one month to connect system to NIBSS, UPSL

December 13, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Malami yet to meet bail requirements – EFCC

December 13, 2025

Taiwo Oyedele: Banks to report accounts with N25m quarterly turnover to tax agency

December 13, 2025

Tinubu Absent As Obasanjo Makes First Aso Rock Trip Since His Inauguration

December 13, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.