• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

World Bank Raises Nigeria’s NIN Target To 180m

…Releases $228m ID4D funding

by Royal Ibeh
5 months ago
in Business
world bank
Share on WhatsAppShare on FacebookShare on XTelegram

The World Bank has raised Nigeria’s target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting confidence in the country’s progress despite earlier setbacks.

Advertisement

The ID4D project, launched in February 2020 with a $430 million budget, aims to establish an inclusive digital identity system to facilitate access to services, financial inclusion, and participation in the digital economy.

Nigeria has gotten $228.59 million from the $430 million earmarked for the Digital Identity for Development (ID4D) project, which was meant to facilitate the enrolment of 148 million National Identification Numbers by June 2024.

Nigeria failed to meet the enrollment target of 148 million by June 2024, and the World Bank agreed to extend the $430 million facility for the project until 2026.

In a new document detailing the terms of the restructuring, the World Bank noted that the project disbursement rate stood at 53.16 per cent as of November 2024.

RELATED

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

6 hours ago
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

7 hours ago

The project’s total financing amounts to $430 million equivalent, $115 million of which are from the World Bank’s IDA, $100 million equivalent from the French Development Agency (AFD), and $215 million equivalent from the European Investment Bank (EIB).

The bank disclosed that, so far, 53.16 per cent of the fund has been disbursed but added that Nigeria has made significant progress toward fulfilling the final disbursement condition, which is the amendment of the NIMC Act to promote an inclusive and non-discriminatory legal and regulatory framework.

According to the latest restructuring document, the new target is part of a two-phase extension plan to support Nigeria in completing critical project milestones and expanding its reach to underserved populations. The National Identity Management Commission (NIMC) has issued 115 million NINs as of October 2024, a significant achievement but still shy of the original June 2024 target.

The World Bank emphasised the importance of closing the existing gap, particularly for vulnerable groups such as women, persons with disabilities, and disadvantaged communities.
To accelerate progress, Nigeria secured a six-month extension earlier this year to design and launch a new

national identity management system built on open-source, scalable, and interoperable architecture. Having met this condition, a second-stage extension for an additional 24 months is now proposed, pushing the project’s closing date to December 2026.

The restructuring also prioritises legal reforms, including amendments to the NIMC Act and the introduction of critical bills to bolster Nigeria’s digital economy. The NIMC Act amendment, which has already passed two readings in the National Assembly, aims to create a non-discriminatory regulatory framework, with final approval expected by February 2025.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: National Identification Number (NIN)National Identity Management Commission (NIMC)World Bank
SendShareTweetShare
Previous Post

Fayemi Urges Nigerians To Embrace Hope, Unity

Next Post

Nigeria Exports Goods Worth N1.5tn To ECOWAS In Q3

Royal Ibeh

Royal Ibeh

You May Like

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns
Business

Anietie Udoh Calls For Ethical Storytelling In African Brand Campaigns

2025/05/31
Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards
Business

Dania, Alpha-Geek Shine At ABoICT 2025, MVP Awards

2025/05/31
Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0
Business

Blue Sands STEM Lab, Others Take Top Prizes At MarkHack 4.0

2025/05/31
NNPC Wins The Whistlers’ Transparency, Innovation Award
Business

Farmers Laud NNPC Foundation For Climate-smart Training

2025/05/31
tinubu
Feature

MIDTERM REPORT: Economy Progresses In Policies, Challenged In Implementation

2025/05/31
Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b
Business

Otakikpo Onshore Terminal: Stakeholders See Crude Production Cost Dropping To $10/b

2025/05/31
Leadership Conference advertisement

LATEST

Super Eagles Edge Past Jamaica On Penalties To Win Unity Cup

BREAKING: PSG Make History, Thrash Inter Milan 5-0 To Clinch UEFA Champions League Title

Moody’s Upgrade Proof Of Credible Reforms, Investor Confidence — Tinubu

Tinubu Gov’t Weaponising Poverty Against Nigerians – Atiku 

‘Why I Refused To Vote Or Work For Tinubu’, Amaechi Opens Up At 60th Birthday Lecture

FCTA Denounces ‘Malicious Voice Note’ Alleging Religious Indoctrination In Abuja Schools

Kano Gov’t Offers ₦1m Support To Each Family Of Deceased Athletes

‘It Doesn’t Reflect Equity’, Group Berates Tinubu, NASS Over SWDC Leadership

Nwuche Hails Tinubu, Wike For Transformational Projects Across FCT

Niger East Senator Donates ₦50m, Truckloads Of Food To Mokwa Flood Victims

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.