Biometric-enabled cards will soon become available for Nigerian students to use, seamlessly, to accessing education loans.
To make this possible, a memorandum of. Understanding (MoU) has been signed.
This was between the National Identity Management Commission (NIMC), the Nigeria Education Loan Fund (NELFUND), and the Data Mining Company.
The signing took place at the headquarters of NELFUND in Abuja.
For NIMC, its Director General, Mrs Abisoye Coker-Odusote did the signing together with the Managing Director and Chief Executive Officer of Nigeria Education Loan Fund, Akintunde Sawyer and the Managing Director, Femi Akande for the Data Mining Company, Femi Akande.
NELFUND boss, Sawyer said the MoU as a will drive financial inclusion, promote transparency and accountability in the deployment of Government to People Service Card (G2PS-card).
Sawyer said the MoU would open a new vitsa for Nigerian students to access loans seamlessly using multiple wallets as facilitated by the biometric-enabled cards from NIMC.
On his part, the CEO of NIMC, Mrs Abisoye Coker-Odusote, said the biometric-enabled cards are parts of products from NIMC to drive digital and financial inclusion and ensure that every single beneficiary of government services (loans) have verifiable identity.
