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Digital ID Will Help Drive Financial Inclusion Says Vice President Osinbajo

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Nigeria's Devt Plans Must be Dynamic for Economic Growth Osinbajo

Vice President Osinbajo has said that digital identification is the key to driving full financial inclusion across all parts of Nigeria.

He disclosed during his facility visit to Secureid, a smart card manufacturing and digital solutions company, where he noted that digital ID would help Nigerians operate in the global space.

The company, which recently bagged the esteemed global system of mobile applications certificate making it the first in Nigeria and 3rd in Africa, manufactures sim cards for telecom companies, among others.

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Osinbajo expressed confidence in the company to bolster local content and contribute to the growth of the economy, stating that the recent GSMA certificate and other global certificates bears glowing testimony to the level of high standards demonstrated in its production of first-rate smart cards in the country.

He further assured entrepreneurs that the President Muhammadu Buhari led administration would ensure that a friendly business environment is created to aid ease of doing business in Nigeria.

Read Also: Buhari Mourns Victims of Niger Boat Accident, Tasks Authorities On Safety

 

 

 

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SERAP Urges Court to Bar Security Agencies from Accessing NIN Details

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SERAP Urges Court to Bar Security Agencies from Accessing NIN Details

Socio-Economic Rights and Accountability Project (SERAP) has urged a Federal High Court in Lagos to restrain security agencies from accessing people’s personal details via NIN-SIM linkage without due process of law.

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The civic society organization, in the suit which is yet to be assigned to a judge, is asking the court to determine “whether the approval for security agencies to access people’s personal details via the National Identification Number [NIN] without due process is consistent with the principles of legality, necessity, and proportionality.

The organization is also praying the court for an order setting aside President Buhari’s approval for security agencies to access people’s details via NIN-SIM linkage without due process of law, as this amounts to violations of private and digital communication rights, right to family life, human dignity and personal liberty.”

It is further urging the court for an order of perpetual injunction restraining the Federal Government or any other authority, persons or group of persons from unlawfully accessing people’s personal details via NIN-SIM linkage without due process of the law.

Read Also: Insecurity: CGC Harps on Synergy Among Sister Agencies

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Nigeria, Japan Launch I-Hatch Startup Incubation Programme to Develop Scalable Business Models

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Nigeria, Japan Launch I-Hatch Startup Incubation Programme to Develop Scalable Business Models

The Nigerian and Japanese governments have announced the launch of an idea hatch (i-hatch) startup incubator programme for bootcamps to develop scalable business models in Nigeria.

This was disclosed in a statement by the National Center for AI and robotics in Nigeria (NCAIR) alongside the Japanese Ambassador to Nigeria, Matsunaga Kazuyoshi with other dignitaries from the Japan International cooperation agency.

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The programme is expected to focus on ICT innovations and entrepreneurship.

The organization said the Director General, National Information Technology Development Agency, Kashifu Inuwa, hosted kazuyoshi alongside fellow dignitaries from the Japan International Cooperation Agency during the opening ceremony of Idea hatch (ihatch) startup incubation programme cohort one-2022.

Read Also: NASS Affirms States’ Power to Collect VAT

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MTN, Mafab Pay $273.6 Million Each for 5G Licence

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MTN Communications Nigeria Plc and Mafab Communications Limited, have made full payment of 273.6 million dollars each for the 5G Spectrum license to the Nigerian Communications Commission.

 

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The Executive Vice Chairman of the NCC, Umar Danbatta, confirmed the payment Thursday.

MTN Nigeria, Mafab Communications Ltd and Airtel Networks Ltd submitted bids with an initial bid deposit of 19.74 million dollars, representing 10 per cent of the reserve price by the close of the bid submission date of November 29, 2021.

The Commission said following the successful auction on December 13, 2021 and the emergence of MTN and Mafab as winners, they were required to pay the balance of the bid amount of $253.86 million on or before February 24, 2022.

 

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