NIMC Harps On E-Identity, Financial Inclusion, To Drive Sustainable Growth

The National Identity Management Commission, NIMC, has stressed that the nexus between e-identity, connectivity, and financial inclusion is pivotal to driving sustainable growth and development in the digital age.

The DG/CEO of NIMC, Engr Aliyu Aziz Abubakar, stated this at the CIO Club Africa Summit held in Lagos.

The DG who was represented by the Director Database, NIMC, Femi Fabunmi, said there is a need for a reliable and secure e-identity system that can serve as the foundation for digital transactions and financial services.

He said, “Nigeria has made significant progress in expanding broadband access, with initiatives such as the National Broadband Plan and the licensing of new broadband providers.

However, more needs to be done to ensure that all Nigerians have access to affordable and reliable connectivity, particularly those in rural areas.”

While reiterating the need for a nexus between the three factors, Abubakar stressed that Financial Inclusion would allow individuals and businesses to participate fully in the economy and access a range of financial services.