Digital ID will help drive financial inclusion – VP Osinbajo

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Digital Identification is one of the keys to driving financial inclusion in Nigeria.

This was disclosed by Vice President Yemi Osinbajo during his facility visit to SecureID, a smart card manufacturing and digital solutions company, on Tuesday.

According to Osinbajo, Digital ID would help Nigerians, especially the ones that are not financially inclusive, operate in the global space.

He also assured entrepreneurs that the President Muhammadu Buhari led administration would ensure a friendly business environment is created to aid ease of doing business in Nigeria.

He said, “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.

“SecureID Limited has proved to us with this state-of-the-art manufacturing plant that local production of smart cards at the highest quality is not only viable in Nigeria but also brings a plethora of opportunities with it for Africa.

“I must commend this indigenous company for laying the precedent for other local manufacturers to follow. I must also congratulate the founder and CEO, Kofo Akinkugbe, who through her grit and passion to contribute to the growth of the economy, has committed innumerable resources and manpower to bring this factory to fruition.

“It warms my heart to see a woman take charge and create something indelible for other young women to emulate. She is an attestation to the fact that women are dependable collaborators in our quest for nation-building.”

The company, which recently bagged the esteemed Global System of Mobile Applications (GSMA) certificate making it the first in Nigeria and 3rd in Africa, also manufactures sim cards for telecom companies, loyalty cards for retail and security documents for public sector: driving license, national identity cards, international passports and more.

Osinbajo expressed confidence in the company to bolster local content and contribute to the growth of the economy, stating that the recent GSMA certificate and other global certificates bear glowing testimony to the level of high standards demonstrated in its production of first-rate smart cards in the country.

Speaking on the company’s recent milestone, Akinkugbe stated that SecureID strictly upholds high quality standards and protocols to manufacture an array of smart cards in line with global best practices, emphasizing that the company worked resolutely, to attain the GSMA certificate and other certificates.

According to her, the company is an attestation that local production of smart cards at the highest quality is possible in Nigeria.

“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.

“On our journey, we sought and received support from many institutions, agencies, and initiatives that have been established to encourage startups SMEs and enterprises,” she said.

What you should know about SecureID

The company recently bagged the esteemed Global System of Mobile Applications (GSMA) certificate making it the first in Nigeria and 3rd in Africa. This is an addition to its other global certifications including Visa International, MasterCard Incorporated, Verve, Card Quality Management (CQM) and ISO 9001/2015 for Smart Card Manufacturing and Personalization of credit and debit cards for all banks in Nigeria and clients in 21 countries across Africa.

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