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FG Extends NIN-SIM Linkage To May 6

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The Federal Government has extended NIN and SIM card linkage deadline from April to 6th May, 2021.
The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami disclosed this in a meeting of the Ministerial Task Force on the NIN-SIM data linkage, which chaired on Abuja.
The meeting was attended by key stakeholders, including the EVC/CEO of the Nigerian Communications Commission (NCC), DG/CEO of the National Identity Management Commission (NIMC), DG/CEO of the National Information Technology Development Agency (NITDA) and Chairman of the Economic and Financial Crimes Commission (EFCC).
Also present at the meeting were representative of the Comptroller-General of the Nigeria Immigration Service (NIS) and the Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON).
Others included the NCC Executive Commissioners Technical Services and Stakeholder Management, MD/CEOs of MTN, Airtel, EMTS (9Mobile), NTEL, Spectranet and SMILE, as well as the COO of Glo.
According to the Minister, the request for the extension was presented to President Muhammadu Buhari and he endorsed it.
On the updates of the NIN-registration process, the meeting confirmed that , over 51 million people have been assigned NINs.
“There are many people who have enrolled and are in the process of being assigned NINs. With each individual having an average of 3 to 4 SIMs, the total number of SIMs tied to NINs would close to the total number of registered SIMs in the country. The current number of monthly enrollments has increased significantly to about 2.6 million registrations.
“There has also been a remarkable increase in the number of enrolment centres across the country with about 3,800 centres available for enrollments . There are also many more new centres in the pipeline,” said the Minister.
The Minister also emphasised the importance of obtaining feedback from all stakeholders in order to ensure that the NIN-SIM linkage process is one that cannot easily be compromised.
He thank Nigerians for their patience and compliance with the Federal Government’s directive on the NIN-SIM registration exercise. He reiterated government’s commitment to continually taking decisions aimed at easing the pains of the citizens with regard to issues related to NIN and SIM registration.
The Chairman of the EFCC who addressed the meeting stated that the NIN-SIM linkage would support the Federal Government in checkmating the activities of fraudsters and cybercriminals.
It would be recalled that the Federal Government had earlier extended the NIN-SIM linkage deadline to April 6, 2021 following a widespread protested that greeted the initial time line.

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Banks’ CEOs Hold Emergency Meeting Over BDCs’ Forex Ban 

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Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex directive of the Central Bank of Nigeria.

After the meeting, they spoke during a webinar organised to give an update on the banks’ preparedness to be the main channel of forex distribution, following the recent discontinuity of forex supply to the BDC operators by the CBN.

The executives assured the public that banks would make forex available to customers in accordance with the CBN’s directives.

After the last Monetary Policy Committee meeting, the Central Bank Governor, Godwin Emefiele, had ordered all Deposit Money Banks to set up teller points at designated branches across the country to fulfil legitimate FX request for personal travel allowance, business travel allowance, tuition fees, medical payments and SMEs transactions, among others.

Speaking at the webinar, the Group Managing Director/Chief Executive Officer, Access Bank Plc, Herbert Wigwe, said, “The banking industry as a whole was willing and ready to carry out this function. The banks have very strict compliance measures, in terms of verification and making sure that people who do apply are eligible.

“All Nigerian banks will be able to meet these requirements. If you look at all the branches nationwide, you will know that the banks have more than enough capacity to do this.”

He said if the banks saw any compliance issues, or people attempting to do things cunning, they would be reported to the CBN because the banks would ensure full compliance with the order.

The Group Chief Executive Officer, Guaranty Trust Holding Company Plc, Mr Segun Agbaje, while speaking on the capacity of the banks to meet the customers demand, said, “It is not only the CBN that has the ability to fund the market; the banks also have the resources to meet the demand, and we have agreed collectively that it will start immediately.”

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NERC: Over 1m Electricity Consumers Have Received Prepaid Meters

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Labour Warns FG Against Electricity Tariff Hike 

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The Nigeria Labour Congress faulted plans to allegedly sell the Transmission Company of Nigeria, saying it will lead to an increase in electricity tariff.

The NLC President, Mr Ayuba Wabba, said this in a statement titled, “This Kite will not Fly’’ on Friday.

Wabba explained that instead of allegedly planning to sell the transmission company, FG should focus on improving the electricity supply.

He described the attempt to hand over the TCN to a few ‘privileged’ Nigerians as self-serving, obtuse, odious, morally reprehensible and criminal.

The NLC president said, “The TCN is a strategic economic asset of immense national security implications. This is because the TCN traverses all nooks and crannies of Nigeria.

“It will be wrong that our country will be deliberately exposed to an avoidable vulnerability and thus, provide an opportunity to others to restrain the Nigerian state.

“We apprehend that the planned sale of the TCN is only an attempt to further confound the people and concurrently raise electricity tariff. Unfortunately, this time around, Nigerians have had enough.

“The government cannot promise improved power supply to consumers by the planned sale of TCN. The under-the-table scheming as transparent privatisation cannot pass muster.

“It is an unsavoury narrative for our country, that even the privatised assets, which have survived the rapacity of the new owners, have been turned into unrealisable collaterals for unpayable loans.

“This constitutes a bone stuck in the throat of financial institutions and sundry creditors.”

Wabba explained that the plan would “fundamentally weaken the security of the nation and above all, deprive the people of their age-old investments in the commanding heights of the Nigerian economy”.

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