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Nigeria: NIMC Approves FIC Professionals Network Plc for ID4D Initiative

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NIMC Approves FIC Professionals Network Plc for ID4D Initiative

The National Identity Management Commission (NIMC) has granted clearance to FIC Professionals Network Plc to participate in Nigeria’s World Bank-supported Identity for Development Ecosystem Enrolment Service (ID4D). This announcement was made public through a statement signed by Segun Shonubi, Executive Director of FIC Professionals Network Plc, on Thursday.

The ID4D Project is a groundbreaking initiative designed to establish a secure and verifiable digital identity for every Nigerian. By doing so, it aims to enhance public service delivery, improve governance, and unlock new growth opportunities within the digital economy.

According to the statement, FIC Professionals Network Plc earned its approval to join the program after successfully meeting all required criteria. In his statement, Shonubi highlighted FIC’s role as a recognized, stakeholder-owned organization and a key contributor to the financial inclusion ecosystem. He noted that FIC recently partnered with the Chartered Institute of Bankers of Nigeria to launch an Agency Banking Certification programme, equipping aspiring financial inclusion experts with essential skills.

“The approval to participate was communicated through a letter dated January 23, 2025, signed on behalf of the DG/CEO of the Commission, Engr. (Mrs.) Abisoye Coker-Odusote,” Shonubi said. He further emphasized, “The Nigeria Digital Identification for Development Project is a bold and ambitious initiative designed to create a secure and verifiable digital identity for every Nigerian. This will not only enhance service delivery and governance but also unlock substantial opportunities within the digital economy. The potential of the Nigeria Digital ID4D Project to revolutionise identification and access to services is immense.”

The ID4D project received a significant boost in June 2024 when the World Bank allocated $45.5 million to NIMC. As reported by the World Bank, these funds were released in several tranches between December 2021 and April 2024, with further disbursements still in progress. The initiative is co-financed by the World Bank’s International Development Association, the French Agency for Development, and the European Investment Bank.

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