Some days ago the National Identity Commission through the Federal Ministry of Communications and Digital Economy published this circular.
See
The summary is that Nigerians who have a NIN will now be able to generate a virtual NIN for any transaction that requires the individual to provide their NIN. Why? It's simple. Formerly, when you supply your NIN on any transaction, it is stored by the organization or business entity which is raises a lot of security concerns as it is possible that your personal information can be stolen and used for other mischievous vices. With the provision of the virtual NIN, you generate a number that can be used only once, your details cannot be stored by the organization or business entity. The mechanism of action is just like how a bank token works(not totally but you get the idea)
What do Nigerians think? Personally, I think this is a welcomed development and we should commend the government on this.
PS: Make una no vex about the picture arrangement I never sabi how to put am next to each other
You fit suggest am to me.
The information come at a time when person like me get issue with verification. Na because of trust issues and time press make the center wey i go then for my NIN, to just generate National Identification number from the one wey my bank do, without verifying it. Some people said local vendors could do it, but my fear na just make e no fall into wrong hands. See
The summary is that Nigerians who have a NIN will now be able to generate a virtual NIN for any transaction that requires the individual to provide their NIN. Why? It's simple. Formerly, when you supply your NIN on any transaction, it is stored by the organization or business entity which is raises a lot of security concerns as it is possible that your personal information can be stolen and used for other mischievous vices. With the provision of the virtual NIN, you generate a number that can be used only once, your details cannot be stored by the organization or business entity. The mechanism of action is just like how a bank token works(not totally but you get the idea)
What do Nigerians think? Personally, I think this is a welcomed development and we should commend the government on this.
PS: Make una no vex about the picture arrangement I never sabi how to put am next to each other
You fit suggest am to me.However, this new development go ensure say if I go through the stress to verify again, I go dey confident in using it because I know say as na token, another new number go auto generate. So person weh feel say e don cram my number go confuse las las.
Nice one coming from our Naija government o. Una well don!
