Minister of Communications and Digital Economy, Isa Pantami, has stated that the federal government is considering replacing the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN)
The minister said this while briefing newsmen after a facility tour and inspection of the ongoing NIN enrolment exercise at NIMC and other designated centres in Abuja.
He said he had made a presentation to the National Economic Sustainability Committee and drew the attention of the Central Bank of Nigeria’s Governor on the need to replace BVN with NIN.
The minister disclosed this in a press sitting in Abuja, where he also pointed out that the NIN is the primary and legal identity of all Nigerians, which should be included in their bank accounts, saying the BVN is not established by law.
“The challenge is that the BVN records may not be 100 percent the same with NIN but what is most important is that the NIN is the primary identity of each and every citizen, including legal residents,” Pantami said.