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Tuesday, November 5, 2024

House Of Reps Orders Banks To Accept National Identification Number For Customers

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The House of Representatives, on Tuesday, March 6, 2018, informed the Central Bank of Nigeria and other commercial banks in the country to accept the national identification number, NIN, as a statutory document for carrying out legitimate transactions in the country.

It also mandated its committee on banking and currency to interact with the CBN and other stakeholders on the need to recognize and accept the NIN Slip as a means of Identification and report within four weeks for further legislative action.

The green chamber further said that the National Identity Management Commission, NIMC, was established to manage the identity of Nigerian citizens by birth and naturalization.

Ahmed Yerima who sponsored the adopted motion said NIMC had deployed the latest biometric data capturing technology to fulfill its mandate and ensure the originality of personal data.

But the lawmakers were worried that Central Bank of Nigeria, CBN, as a statutory body, has hitherto refused to recognize the NIN slip which is a means of Identification.

It further emphasized that since the issuance of the permanent identification card is a process which takes time, the continued rejection of NIN slip may cause untold hardships by the holders to carry out normal banking and other transactions in the country.

Read more at Daily Post

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