The Nationwide Identification Administration Fee has cleared FIC Professionals Community Plc to take part within the World Financial institution-backed Identification for Growth Ecosystem Enrolment Service in Nigeria.
This was disclosed in an announcement signed by the Govt Director, FIC Professionals Community Plc, Segun Shonubi, on Thursday.
The ID4D Undertaking goals to determine a safe and verifiable digital id for each Nigerian, thereby enhancing service supply and governance and creating alternatives for progress within the digital economic system.
In response to the assertion, approval of the participation of FIC Professionals Community Plc within the programme was given after FIC met the necessities.
Shonubi within the assertion mentioned, FIC, “A recognised stakeholder-owned organisation and key participant within the monetary inclusion ecosystem that just lately partnered with the Chartered Institute of Bankers of Nigeria to introduce the Company Banking Certification programme for these wanting to develop into monetary inclusion consultants, FIC was accepted to take part within the programme after satisfying the set necessities.
“The approval to take part was conveyed by means of a letter dated January 23, 2025, signed on behalf of the DG/CEO of the Fee, Engr. (Mrs.) Abisoye Coker-Odusote.”
He added, “Nigeria Digital Identification for Growth Undertaking represents a daring and bold initiative to determine a safe and verifiable digital id for each Nigerian, thereby enhancing service supply, bettering governance, and unlocking alternatives for Nigerians within the digital economic system. The potential of the Nigeria Digital ID4D Undertaking to revolutionise identification and entry to companies is immense.”
In June 2024, the World Financial institution offered $45.5m to NIMC for the ID4D venture. In response to the World Financial institution’s implementation report, the funds have been disbursed in a number of tranches between December 2021 and April 2024, with disbursement nonetheless ongoing.
The venture is co-financed by the World Financial institution’s Worldwide Growth Affiliation, the French Company for Growth, and the European Funding Financial institution.
