He said using technology in distributing palliatives would curb corruption and ensure transparency and accountability.
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date.
The apex bank noted that the exercise was a “Cash Deposit Program not a Cash Swap Program.”
He decried the spate of public sector corruption, saying official corruption and illicit financial flows could only be curbed by deployment of technology.
The CBN reminded all OFIs to ensure that their customers’ accounts complied with the 10-digit Nigeria Uniform Bank Account Number (NUBAN) fomat.
This became an issue after the introduction of BVN because BVN is tied to only one name.
Atiku Abubakar propounded a slew of measures Aso Rock should urgently take to arrest the downward spiral.
The administration said non-compliance with directives to integrate the identity number to phone lines will result in deactivation of phone lines.
The BVN provides the same information needed to fill NIN requirements.
The Nigerian leader celebrates his 78 birthday on Thursday.
