New ID Card Scheme: Breaking the Barrier to Financial Inclusion in Nigeria

Monday, September 8, 2014

The burden of providing valid means of identification that has alienated some segments of the society from deriving benefits and value from the nation’s financial system and other initiatives will become history with the National Electronic Identity Card, reports Festus Akanbi

That the official launch of the National Electronic (e-ID) card project by President Goodluck Jonathan penultimate Thursday has put credibility to the new national identity card project, started by the Nigerian Identity Management Commission (NIMC) in October last year is not in doubt.

However, rather than viewing the launch as a normal official ceremony of government, stakeholders in the financial sector of the economy have described the new project as a game changer in an economy where financial inclusion and access to global economy are on the front burner.

Source: This Day Live (link opens in a new window)

financial inclusion