See date Nigerians will starT using new debit card with NIN

• The National Identity Management Commission (NIMC) said Nigerians will soon begin to use the new national domestic card
• The commission had earlier stated that the card will be available for holders of the National Identification Number (NIN)
• The card is expected to be use for different purposes which include to make payments and identifications

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The National Identity Management Commission (NIMC) has revealed that Nigerians will begin utilising the services of the proposed national domestic card from August 2024.

The card is expected to be launched in partnership with the NIMC and the Central Bank of Nigeria (CBN) and powered by the Nigeria Inter-bank Settlement System (NIBBS) and AfriGo.

Nigerians to start using multipurpose card from August Photo credit: ljubaphoto
Source: Getty Images

Punch reports that commission had been working tirelessly to meet its goals, adding that the plan remains on track and would be launched in the upcoming months.

An official quoted confirmed ongoing efforts towards the deployment of a new technology, targeting completion between July and August despite minor delays.

He said:

"We actually plan for July although there have been a few delays, but we are still hopeful that it would come in July."So we are hoping to get it done between July and August. We are still on plan and if there is any shift, the public will know."

The official explained the complexities involved in rolling out the new technology, highlighting the need for thorough preparations.

"When you are deploying a new technology, there is a lot of work to be done."You need to configure the card, enable the outlet, and enable the wallet to work. We also have to do tests and that is what is ongoing"The deployment is ongoing, the portal that people need to access the service has to be deployed, and we have to make sure that it is scalable and those are the ongoing works."There are integrations that all the banks need to do to enable the card and all of those little details are ongoing. We have that target and we are working extra hard to make sure that we achieve that.

The NIN multipurpose card to drive financial inclusion

In an earlier report by Legit.ng, NIMC said Nigerians with a National Identification Number will soon request a National ID card with payment features for financial and social services.

The commission said the card will be launched in partnership with the NIMC and the Central Bank of Nigeria (CBN) and powered by the Nigeria Inter-bank Settlement System (NIBBS) and AfriGo.

A statement by NIMC’s Head of Corporate Communications, Kayode Adegoke, said the National ID card, which is embedded with verifiable national identity features, is backed by NIMC Act No 23 of 2007, mandating it to enroll and issue a general multipurpose card to Nigerians and legal residents.

According to the statement, the card will address the demand for physical identification, allowing holders to prove their identity, give them access to government and private social services, facilitate financial inclusion for Nigerians, empower citizens, and encourage increased participation in nation-building.

FG Directs banks to issue new debit cards with NIN

Legit.ng earlier reported that the Federal Government has directed Nigerian banks and other financial institutions to issue new debit cards to customers with National Identification Numbers (NIN).

The new card will withdraw money from Automatic Teller Machines and serve as a national identity card for Nigerians.

The Minister of Communications and Digital Economy, Isa Pantami, announced the directive during a press briefing following the valedictory Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari in Abuja.

Source: Legit.ng