By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: NELFUND, NIMC meet on roll out of biometric-enabled G2P cards to students
Share
Sign In
Notification Show More
Latest News
Senate Leader Opeyemi pays tribute to late Buhari and Oba Adetona
Metro News Politics
OUK group mourns ex President Buhari exit
Metro News Politics
Anambra Communities in FCT hails Senate’s decision to immortalize late Speaker Anaekwe
Culture Metro News Politics
Lawyer speaks on senate constitution review
News Politics
Former Nigerian President Muhammadu Buhari dies at 82
News Politics Transition
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > NELFUND, NIMC meet on roll out of biometric-enabled G2P cards to students
BusinessCivil ServiceMetroNews

NELFUND, NIMC meet on roll out of biometric-enabled G2P cards to students

Publisher
By Publisher Published March 8, 2025
Share
3 Min Read
SHARE

The National Identity Management Commission (NIMC), has signed a Memorandum of Understanding with the Nigerian Education Loan Fund (NELFUND) to commence roll out of
multi-purpose Government-to-People (G2P) cards to students for enhanced access to loan and administration.

The MoU for the groundbreaking initiative was signed by the Managing Director of NELFUND, Akintunde Sawyerr and Director-General of National Identity Management Commission (NIMC), Engr. Abisoye Coker-Odusote alongside the Managing Director of Data Mining Company, Mr Femi Akande at NELFUND headquarters on Friday in Abuja.

The National Identity Number (NIN)-enabled G2P card is payment enabled and allows students to access their upkeep loans directly without necessarily waiting for banks as they could use the card to access different electronic services including point of sales (POS), automated teller machine (ATM) and web payment among others.

In his brief remark, the NELFUND Managing Director, Akintunde Sawyerr described the MoU as a groundbreaking event to drive financial inclusion, promote transparency and accountability through the deployment of Government-to-People Card.

He expressed the commitment of NELFUND management to the project, adding that the MoU would open a new vitsa for Nigerian students to access loans seamlessly using multiple wallets as facilitated by the biometric-enabled card from NIMC.

Sawyerr highlighted immense support of NIMC to the success being recorded in the administration and disbursement of loans to students by providing essential identity verification services.

“I’m impressed with the work NIMC is doing, without NIMC NELFUND literally cannot function,” he said.

He commended President Bola Tinubu for rolling out socio-economic programmes that would change the narratives for Nigerian students, saying the Renewed Hope Agenda of the administration would have far reaching positive impacts for Nigerian students.

Director-General of NIMC, Engr Abisoye Coker-Odusote, in her part, explained that the biometric-enabled cards are parts of products from NIMC to drive digital and financial inclusion and ensure that every single beneficiary of government services (loans) have verifiable identity.

She added that the biometric-enabled cards have multiple wallets for students and could be used online and offline to access loans and other services.

Speaking further, the NIMC boss said the cards would also make it possible to track loans disbursement and ensure they are used for the purposes intended, noting that it would promote transparency, accountability and eliminate unnecessary bureaucracy.

“The biometric-enabled cards is unique in promoting digital and financial inclusion because of the layers of features in them. They cannot be forged or faked.

“They have features that make cash available in students wallets..the students can easily access their allowances, buy books and make transfers without waiting for banks. The cards operate online and offline,” Coker-Odusote said.

Like this:

Like Loading...

Related

You Might Also Like

Senate Leader Opeyemi pays tribute to late Buhari and Oba Adetona

OUK group mourns ex President Buhari exit

Anambra Communities in FCT hails Senate’s decision to immortalize late Speaker Anaekwe

Lawyer speaks on senate constitution review

Former Nigerian President Muhammadu Buhari dies at 82

TAGGED: NELFUND, NIMC

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher March 8, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article LECAN members urge BoT to obey court order, conduct election
Next Article NECO acquires OMR scanner to enhance exams efficiency
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Senate Leader Opeyemi pays tribute to late Buhari and Oba Adetona
Metro News Politics July 14, 2025
OUK group mourns ex President Buhari exit
Metro News Politics July 14, 2025
Anambra Communities in FCT hails Senate’s decision to immortalize late Speaker Anaekwe
Culture Metro News Politics July 14, 2025
Lawyer speaks on senate constitution review
News Politics July 13, 2025

You Might also Like

MetroNewsPolitics

Senate Leader Opeyemi pays tribute to late Buhari and Oba Adetona

July 14, 2025
MetroNewsPolitics

OUK group mourns ex President Buhari exit

July 14, 2025
CultureMetroNewsPolitics

Anambra Communities in FCT hails Senate’s decision to immortalize late Speaker Anaekwe

July 14, 2025
NewsPolitics

Lawyer speaks on senate constitution review

July 13, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d