"No More N1k": FG Instructs Access, Zenith, Other Banks To Issue New Debit Cards to Customers With NIN Numbers 
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“No More N1k”: FG Instructs Access, Zenith, Other Banks To Issue New Debit Cards to Customers With NIN Numbers 

The Federal Government has directed Nigerian Bank, and other financial institutions banks to issue new debit cards to customers with National Identification Numbers (NIN). Legit News reports.

The new card will be used to withdraw money from Automatic Teller Machine and also serve as national identity cards to Nigerian citizens.Information Guide Nigeria

This directive was announced by the Minister of Communications and Digital Economy, Isa Pantami, during a press briefing following the valedictory Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari in Abuja. According to Pantami, Nigerians can now request their banks to provide them with the new debit card for free as reported by the Punch.JAMB Result

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This is different from the N1,000 charges for a new bank card request. He also explained that the decision came in response to a memo from the National Identity Management Commission (NIMC) authorizing banks to print multipurpose debit cards that can function as national identity cards.

The minister explained: “It is going to be a form of the multipurpose card where it will serve as your national identity card on one hand and also your bank card on the other hand, either Mastercard, Visa, or any other kind of card.”

“Although the NIMC Act of 2007 mandates Nigerians to obtain a National Identity Number (NIN) and not necessarily a physical card, there has been a growing demand for cards nationwide.”NYSC Portal

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Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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