The World Bank said it has disbursed a total of $45.5m to the National Identity Management Commission (NIMC) under the Digital Identification for Development (ID4D) project.
According to the ‘Nigeria Digital Identification for Development Project’ report published by the bank on its website, the project is aimed at enrolling more Nigerians for the National Identification Number (NIN).
According to the apex bank, Nigeria was able to secure the funding with the passing into law of the Nigerian Protection Act in June last year.
The fund was disbursed in multiple tranches between December 2021 and April 2024 and disbursement is still ongoing.
The $45m so far released represents about 10.5 per cent of the total project’s cost, which is put at $430m.
While the June 1, 2024 deadline set for the enrollment of 148 million Nigerians for the NIN has passed and Nigeria is still lagging, the Bank described the progress of the project so far as ‘moderately satisfactory’. NIMC recently disclosed that 107.3 million NIN had been issued as of April this year.
The release of funds for the project which comprises a combination of loans and grants, was predicated on the institutionalisation of data protection.
The development comes on the hills of a recent warning by the NIMC to Nigerians, against the activities of some unauthorised websites harvesting people’s data
The websites are idfinder.com.ng, Verify.ng, championtech.com.ng, trustyonline.com, and anyverify.com.