General
NIMC to License More Agents for NIN Registration
By Adedapo Adesanya
The National Identity Management Commission (NIMC) has announced plans to license more agents across the country for National Identification Number (NIN) enrollment.
This was disclosed in statement signed by the acting Director General of NIMC, Mrs Abisoye Coker-Odusote, on Monday, inviting organisations, including Limited Liability Companies (LLCs), startup companies, Small and Medium Enterprises (SMEs), Civil Society Organizations (CSOs), and Non-Governmental Organizations (NGOs) with proven track records of successful performance in a similar capacity to indicate their interest in the provision of data collection and issuance of the NIN.
The commission said Nigerian representatives of its development partners can also indicate interest.
The move will help change the ongoing revalidation exercise of existing agents instituted by the newly appointed Director General of the commission amid concerns that there are now many fake NIN enrollment centres across the country.
According to the commission, the license to be issued comes in three categories with different eligibility requirements.
It stated that the first category is the LLCs, which are incorporated companies with over 2 years post-incorporation and can operate at National, regional, state, and local government levels.
The second category comprises SMEs, and startups comprise registered business names that operate as SMEs and can operate at regional, state, and local government levels.
The third category comprises CSOs and NGOs that are incorporated Trustees focused on specific groups with special needs and can operate within catchments and areas of their interest in the country.
While all applications are expected to be submitted physically to the NIMC head office in Abuja, the Commission said the expression of interest will close by November 14, 2023.
Earlier this month, NIMC announced the revalidation of its third-party agent licensees. The commission said this was part of its commitment to ensure the highest standards of data security and compliance and was part of ongoing efforts to enhance the security, efficiency, and accuracy of the National Identity Management System.
The commission also stressed that the revalidation process is mandatory for all current partners and is intended to ensure compliance with the latest standards and protocols.
It noted that the revalidation process will include a thorough review of the third-party organisation’s operations, technical infrastructure, and compliance with NIMC’s policies and guidelines.
“It is essential to demonstrate that your organisation continues to meet the required standards to effectively participate in the enrolment of Nigerian citizens, legal residents, and related services.
“Key Details of the Revalidation Process: Documentation: You are required to submit the following documents for revalidation: Current Business Registration Certificate and updated Company Profile. Copy of the signed Memorandum of Understanding. Evidence of fees paid to acquire a license. Tax Clearance Certificate for the past three years. Evidence of compliance with NIMC’s technical specifications.
“Provide proof of training and capacity building for your staff involved in the identity enrollment process. Total NIN registered. LLCs should provide the list of sub-licensees registered under them,” the Commission stated in the notice for the revalidation exercise.
The NIMC had in 2020 licensed 203 agents across the country in 2020. Prominent among the public sector institutions licensed at that time are the Nigerian Communications Commission (NCC), National Pension Commission, Central Bank of Nigeria (through the Nigeria Inter-Bank Settlement Systems Plc), National Population Commission, Economic and Financial Crimes Commission (EFCC), Independent National Electoral Commission (INEC), Joint Tax Board, and Nigeria Postal Services.
Other public sector organisations that have issued licences include the Military Pensions Board, Abuja Enterprise Agency, Corporate Affairs Commission, National Health Insurance Scheme, National Agricultural Extension and Research Liaison Services, and the National Commission for Refugees, Migrants, and Internally Displaced Persons.
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
By Adedapo Adesanya
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has inaugurated a new board for the Agricultural Credit Guarantee Scheme Fund (ACGSF) with a renewed push to expand agricultural lending through technology, innovation and deeper financial inclusion.
Speaking at the inauguration in Abuja, Mr Cardoso said the scheme, established in 1977, remains a critical instrument for de-risking credit to farmers nationwide.
“The ACGSF has demonstrated enormous value in supporting Nigeria’s food system. With repayment rates consistently between 90 and 98 percent, it is clear that farmers can deliver when given access to credit,” he said.
The CBN Governor stressed the need for a more modernised approach to agricultural finance.
“We must scale up innovation, deepen inclusion and deploy technology to ensure that more farmers, especially women and youth, can benefit from this scheme,” Mr Cardoso stated, charging the new board to strengthen collaboration with financial institutions while ensuring real-time tracking and monitoring of loans to improve productivity and safeguard the fund’s integrity.
The newly inaugurated Board is chaired by Dr Olusegun Oshin, with members including Professor Murtala Sabo Sagagi, Dr Nneka Onyeali-Ikpe, Mr Frank Satumari Kudla, Ms Olusola Sowemimo, Ms Adetoun Abbi-Olaniyan and Mr Wondi Philip Ndanusa.
Mr Cardoso expressed confidence in the team’s ability to reposition agricultural credit delivery.
“This Board comes at a crucial time. We expect stronger oversight, improved efficiency and a renewed focus on rural livelihoods,” he said.
According to a statement from the apex bank, Deputy Governors, Directors and senior officials of the bank were present at the ceremony.
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