Nigeria: VP Osinbajo sees Digital ID as key driver of Financial Inclusion

Inclusion Times
Inclusion Times

"Digital ID would help Nigerians, especially the ones that are not financially inclusive, operate in global space." These were the words of Vice President Yemi Osinbajo during his visit to SecureID on Tuesday.

SecureID is a smart card manufacturing and digital solutions company. The company manufactures sim cards for telecom companies, loyalty cards for retail and security documents for the public sector: driving license, national identity cards, international passports and more.

SecureID is making a wave in its industry, as it recently bagged an esteemed Global System of Mobile Applications (GSMA) certificate making it the first in Nigeria and 3rd in Africa.

Osinbajo, in his speech, also assured entrepreneurs that the President Muhammadu Buhari led administration would ensure a friendly business environment that would make it easy to run a business in the country.

"Environment must be friendly for local investors first before foreign investors come in. Today marks a momentous occasion in the history of the technology and manufacturing sector, and I am delighted to be a part of it." Vice President Yemi Osinbajo.

"SecureID strictly upholds high-quality standards and protocols to manufacture an array of smart cards in line with global best practice." Kofo Akinkugbe, CEO and founder of SecureID, on the company's recent milestone.
CEO and founder SecureID Kofo AKinkugbe|Source: Reuters

The company is an attestation that local production of smart cards at the highest quality is possible in Nigeria, she further said.

"As an indigenous company, we are able to produce high quality SIM cards and, at the same time, provide job opportunities for Nigerians. The government has seen it, its volume, value and growth, that we are able to contribute is something we would showcase and further prove that this can be done locally." Kofo Akinkugbe, CEO and founder of SecureID.

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