Friday, July 10, 2026

BVN not legal, will be replaced by NIN: Pantami

“BVN is a policy of a bank and has not been established by law. NIN is the only mandatory number.”

and • February 9, 2021
Isa Pantami
Minister of communications and digital economy, Isa Pantami (Credit: Twitter)

The Nigerian government says it has begun phasing out the bank verification numbers (BVN) introduced by the Central Bank in 2014.

The Minister of Communications and Digital Economy, Isa Pantami, said on Monday that a proposal for replacing the BVN with the national identification number (NIN) was forwarded to the National Economic Sustainability Committee.

Mr. Pantami explained that the BVN, a security measure implemented by the CBN to reduce illegal banking transactions in the country, was merely a bank policy without legal roots.

“BVN is a policy of a bank and has not been established by law. NIN is the only mandatory number, and the primary identification of our citizens and every other identification is secondary,” the Cable quoted the minister to have said during an inspection of the ongoing NIN enrolment exercise in Abuja.

“I made a presentation to National Economic Sustainability Committee, and I drew the attention of CBN governor that we need to replace BVN with NIN because the BVN is a bank policy while NIN is a law,” he added.

President Muhammadu Buhari’s regime had directed citizens to enrol for the NIN and link the number to their SIM cards or risk deactivation of their telephone lines.

The National Identity Management Commission (NIMC) Act 2007 mandates all Nigerians and permanent residents to have the NIN but is silent on linking the NIN to SIM registration data.

Citing the duplication of data, Nigerians queried why the CBN’s biometric identification system which carries nearly as much information as the NIN, was not used for the SIM integration.

“So this (the NIN) is the primary identification of all, and all other databases are supposed to utilise this and not for NIN to utilise the BVN because it is the primary one,” Mr. Pantami insisted.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Niger Delta Power Holding Company (NDPHC)

Economy

NDPHC hands over Gbarain power plant rehabilitation to TILT, Schneider

The company said the handover was to replace the plant’s burnt power control module.

Rev. Fr. Hyacinth Alia

States

Gov. Alia backs Benue/Kogi joint police taskforce to tackle border crimes

According to the governor, the joint task force will strengthen security checks and dismantle criminal enclaves operating around the border areas.

States

Insecurity: Plans ongoing to establish military bases in Kogi communities, lawmaker says

Kogi lawmaker says plans are ongoing to establish military bases in some communities in the state.

Los Angeles wildfire

World

11 dead as wildfire ravages southern Spain

At least 11 people have been killed and eight injured as wildfire ravages Los Gallardos, Almería, in Southern Spain.

Sanwo-Olu evacuating waste

Lagos

Residents commend waste evacuation in Lagos

The ongoing evacuation of accumulated waste by the Lagos government has drawn commendation from residents.

EX AGF MALAMI

Anti-Corruption

Again, court adjourns judgement in forfeiture case against Malami

The EFCC had, in the suit, sought the final forfeiture of the properties reasonably suspected to be proceeds of unlawful activities.