• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors

Why Nigerians have to pay for the new multipurpose national ID card – NIMC 

Samson Akintaro by Samson Akintaro
November 22, 2024
in Sectors, Tech News
NIMC, world Bank
Share on FacebookShare on TwitterShare on Linkedin

The National Identity Management Commission (NIMC) has explained that Nigerians will have to pay for the new multipurpose national Identity card to ensure that it is produced for only those who need it.

The Head of Card Management Services at NIMC, Dr. Peter Iwegbu, stated this on Thursday during a media workshop organized by the Commission in Lagos.

Iwegbu said the decision was made by the Engr. Bisoye Coker-Odusote-led NIMC to avoid repeating the mistake of the past efforts to issue physical cards to Nigerians for free, which many Nigerians did not collect.

RelatedStories

Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

October 3, 2025
Nigerian public officials get N721 billion in bribes in 2023

Naira is overvalued by 30% against the dollar – Report 

October 3, 2025

According to him, over two million cards were produced in the previous attempt to issue free National ID cards by the NIMC, but many of them were uncollected to date.

“Before we stopped due to funding, we produced more than two million cards but a lot of them are still in our office, people were not able to pick them up because they didn’t need it,” he said. 

Limited government revenue 

Aside from the issue of collection, Iwegbu explained that the government could also not fund production of ID cards this time because of its limited revenue.

“We tried to review the entire project to find out what the problem was. First is that the government has no money to be able to produce this card and give it out for free.  

“Second is that people must have a need for the card so that when we produce it, they will pick it up,” he explained. 

Corroborating Iwegbu, the Director of IT at NIMC, Engr. Lanre Yusuf said while the idea of a free national ID card as conceived back then by the National Assembly was good, it did not turn out well as many people abandoned the cards.

“What we are working on now is a post-paid identity card; you just need the card before you initiate the request for the card.  

“You make a payment, choose where you want to collect the card and you go and pick it up.  

“You cannot go through all these and pay for it and ignore your card,” Yusuf said.  

Provisions for less privileged Nigerians 

Iwegbu, however, noted that the government has different programs to make the card available to less-privileged Nigerians who may not be able to pay for the card but need it to access government support.

  • While noting that the multipurpose cards would launched in a matter of weeks as the sample test cards had been received this week, Iwegbu, said NIMC has also decentralised requesting and collecting the banks to make it easy for Nigerians.
  • He noted that NIMC is working with banks across the country, which will make it possible for people to walk into any bank closest to them and request the card.

Backstory 

The NIMC in April this year announced plans to launch a multipurpose National ID card that can serve the purpose of identity verification, payments, and even government services.

  • The card to be powered by AfriGO, was launched in partnership with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS)
  • Information released by the NIMC reveals that the card will be enabled for all government intervention and services across multiple Ministries, Departments, and Agencies (MDA).
  • Among other capabilities and functionalities, it will also be enabled for the eNaira in compliance with the EMV operational and security standards.

Follow us for Breaking News and Market Intelligence.
Tags: Bisoye Coker-OdusoteCBNmultipurpose national ID cardNIBSSNIMC
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 
Cryptos

Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

October 3, 2025
Nigerian public officials get N721 billion in bribes in 2023
Currencies

Naira is overvalued by 30% against the dollar – Report 

October 3, 2025
Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context
Currencies

Naira strengthens to N1,455/$ in 2025, signals market stability

October 3, 2025
CBN, forex
Breaking News

CBN to take full control of Fixed Income Market from November 2025 

October 2, 2025
Easy steps to build wealth through saving money in 2024
Economy

Nigeria’s money supply expands as government borrowing declines 25.74% YoY 

October 2, 2025
Naira scarcity: Ekiti stateto arrest traders who reject old N1000 notes
Currencies

Nigeria’s money supply rises to N119.52 trillion in August 2025 

October 2, 2025
Next Post
Bitcoin, Silver

Bitcoin market value now nearly 10x the size of Nigerian economy  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Funding gap threatens Nigeria’s AI growth despite strong implementation – Report 
  • Fidelity Bank records N13.9 billion as All-Share wipes 1,816.2 points on large-cap declines 
  • Ondo state, investors sign $50 billion refinery, free trade zone agreement 

Follow us on social media:

Recent News

Artificial Intelligence

Funding gap threatens Nigeria’s AI growth despite strong implementation – Report 

November 5, 2025
Stock chart movement

Fidelity Bank records N13.9 billion as All-Share wipes 1,816.2 points on large-cap declines 

November 5, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics