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What Pantami said about BVN, NIN
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Emmanuel Elebeke
The Minister of Communications and Digital Economy, Dr Isa Ali Ali Pantami has explained the positions and difference between the Bank Verification Number, BVN, and the National Identity Number, NIN.
The Minister stated this while briefing the press at the end of facility tour and inspection of the ongoing NIN enrolement exercise at NIMC and other designated centres across the country.
He explained that he had made a presentation to the National Economic Sustainability Committee and drew the attention of CBN Governor that we need to replace BVN with NIN because the BVN is a bank policy, while NIN is a law because it has been established by law, noting that ‘‘the strength of the law wherever you go is not the same with a policy of one institution.”
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Minister of Communications and Digital Economy Dr Isa Pantami
The Federal Government has stated arrangements are ongoing to replace the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN).
The Minister of Communications and Digital Economy Dr Isa Pantami, who disclosed this to newsmen shortly after a tour of telecoms operators and NIN licensees in Abuja, said President Muhammadu Buhari has been briefed on the on-going NIN registrations.
Pantami who said the President was happy with the conducts of the exercise so far, added he had also briefed the National Economic Sustainability Committee headed by Vice President Yemi Osinbajo on the imperative of replacing BVN with NIN.
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