Director General of the National Identity Management Commission (NIMC), Engr. Aliyu Aziz, says the nexus between e-identity, connectivity, and financial inclusion will be crucial to driving sustainable growth and development in the digital age.
Engr. Aziz disclosed this penultimate Thursday while delivering a speech at the 2023 CIO Club Africa Summit with the theme: Digital Economy and the Nexus between E-identity, Connectivity, and the Financial Inclusion.
According to him, at the heart of the nexus is the need for a reliable and secure identity system that can serve as the foundation for digital transactions and financial services.
“Nigeria’s efforts in this area are commendable, with the National Identity Management Commission (NIMC) working to provide every Nigerian with a unique National Identification Number (NIN) and a digital identity card. This will enable citizens to access a range of services, including financial services, securely and conveniently,” he said.
Speaking further, Engr. Aziz stated that financial inclusion is another critical component of the digital economy, as it allows individuals and businesses to participate fully in the economy and access a range of financial services.
“Nigeria has made impressive strides in this area, with initiatives such as the Bank Verification Number (BVN) system, mobile banking, and the cashless policy. These initiatives have helped to increase financial inclusion and reduce the number of unbanked individuals in the country.”
