Formal exclusion threat to the most vulnerable Nigerians: The NIN-BVN Tier-1 KYC lens
March 5, 2024
Inclusion for All / Inclusion for all / Trade & the economy
What we know: 29% of adult Nigerians do not have a NIN (National Identity Number) and 51% do not have a Bank Verification Number (BVN) . More than half of those without NIN or BVN fall in the poor to poorest bracket living predominantly in the North.
On Episode 14 of Inclusion for all radio, Chinasa Collins-Ogbuo – podcast host and the Inclusion for all Advocacy Lead at EFInA, is joined by Mr. Sarafadeen Fasasi – the national president of the Association of Mobile Money Agents in Nigeria (ammbanigeria).
Listen to the full conversation via the link in our bio to learn more about the challenges being encountered to ensure adult banked Nigerians comply; and the risk of further exclusion posed, should the regulatory directive not be implemented with the poorest populations in mind.
