FG set to replace BVN with NIN


The federal government of Nigeria through minister of communication and digital economic, Dr. Isa Pantami set to replace bank verification number (BVN) with National identity number


The minister made this known during the facility tours and inspection of ongoing NIN enrolment registration at different NIMC designated center in Abuja


He clarified that BVN is only meant for regulator’s policy and it’s only useful for those with valid bank account while NIN is in law which should be applicable to every citizenn and made as the country’s primary database adding that he had made a presentation of this to the national economic sustainability committee and had already hint the central bank of Nigeria’s governor on the need to implement the policy of substituting NIN for BVN

He said:

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