Federal Government Moves To Replace BVN With NIN

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The Federal Government has disclosed that the Ministry of Communications and the National Identity Management Commission (NIMC) are working with the Central Bank of Nigeria (CBN) to ensure a replacement of the Bank Verification Number (BVN) with the the National Identification Number (NIN).

The Minister of Communications and Digital Economy, Dr Isa Pantami, who disclosed this when he visited different National Identity Management Commission (NIMC) enrolment centres in Abuja on Monday, noted that the NIN was the only mandatory number and the primary identification of Nigerians over as every other identification.

He held that the NIMC Act 2007 provided that all citizens must be enrolled and that the law gave them 60 days to enrol from the time the law was enacted and a maximum of 180 days, while all permanent residents in the country and legal residents that had to stay in Nigeria for a minimum of 24 months must be enrolled.

He said: “Even in biometrics, some will just take four, some two; so you cannot harmonise without upgrading and integrating the systems.

“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.”

Pantami stated that he made a presentation to the National Economic Sustainability Committee and drew the attention of the CBN governor that they needed to replace BVN with NIN because “the BVN is a bank policy while NIN is a law.”

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