The council chairman stated that the registration would take place from October 7 to October 14.
The Central Bank of Nigeria states that its $50 fee is for processing Bank Verification Number for Nigerians living overseas.
He said that the corporation had been helpful in maintaining stability within the financial sector.
NDIC says it has paid 82.36 per cent of depositors with above N5 million as insured sum in the defunct Heritage Bank.
The website claims to verify Nigerians’ Permanent Voter Card (PVC), National Identification Number, BVN, or TIN for anyone willing to pay N100.
Many Nigerians are now spending long hours in banks, seeking to link their National Identification Number (NIN) to their bank accounts.
Mr Usman said members of the committee were drawn from the state government, security agencies, and other relevant stakeholders.
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date.
They argued that the timing of the census scheduled for May 3, a few weeks before the end of the current administration, was not good enough.
The apex bank noted that the exercise was a “Cash Deposit Program not a Cash Swap Program.”
