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Politics32m Nigerians Yet To Enrol For BVN One Month To Deadline, Says CBN by ForcefullBULL(op): 7:37pm On Sep 25, 2015
The Central Bank of Nigeria (CBN) has said that 32 million active bank accounts have yet to be enrolled on the Biometric Verification Number (BVN) by September.



In a statement in Abuja, on Friday, Mu'azu Ibrahim, CBN Director, Corporate Communications, said CBN was concerned by the number of account owners yet to enrol, considering that the exercise would end by October 31.



The News Agency of Nigeria (NAN) recalled that the CBN, in collaboration with all banks in Nigeria, on February 14, 2014, launched the BVN, which is a centralised biometric identification system for the banking industry.



It aims at addressing issues of identity theft and fraud and will help to discover blacklisted customers, reduce queues in banking halls and standardise efficiency of banking operations.



The CBN also said the BVN would encourage banks to grant loans to Micro, Small and Medium Enterprises (MSMEs) and students in the country.



"One of the most potent arguments advanced by banks for not extending enough credit to prospective credit customers in Nigeria has been the absence of credible identity system.



"Thus, it was agreed that the scheme would make access to credit easier for low income earners in the society," the apex bank said.



The CBN had initially put the deadline of BVN registration at June 30 but postponed it to October 31 because of low enrolment.



According to the statement, after 18 month of the exercise, empirical evidence shows that a good number of bank customers are reluctant and have not taken the exercise seriously.



"The emerging statistical trend of the BVN registration exercise shows that there are about 52 million active bank accounts in various banks.



"Out of this, total enrolment stands at about 20 million, out of which about 14 million accounts have been found linked to the BVN as of September.



"The question now is whether bank customers have been taking advantage of the extension to complete their BVN registration and also ensure that their various bank accounts have been linked to the BVN," it stated.



The statement revealed that after the initial rush from June ending to July, there had been a steady decline in new BVN enrolment figures for August and September.



It stated that the development indicated that many bank account holders had continued to show apathy instead of taking advantage of the extension period to complete the registration.



"Bank customers are urged to take advantage of the remaining time to complete the registration. This is so as to avoid the commotion and melee experienced at various banking halls in the month of June.



"The CBN has made it clear that there would not be further extension after the October 31, 2015 deadline," the statement said.



It said this meant that customers without the BVN-linked accounts might risk being restricted from normal operations of their accounts or access to their bank account balances.


http://tribuneonlineng.com/32m-nigerians-yet-enrol-biometric-verification-one-month-deadline-says-cbn

PoliticsJonathan May Constest In 2019 by ForcefullBULL(op): 11:10am On Sep 24, 2015
will you vote for him?
Familyf by ForcefullBULL(op):
f
Romances by ForcefullBULL(op):
s
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 4:06pm On Aug 12, 2015
Born2berich:
Everybody ignored Forte oil while it is going up up up...Now N212. As for the #jokeoftheyear, buy but don't over buy because this stock is a huge disappointment for 364 days and a blessing for only 1day in a year (sacarstically speaking).
Buy Oando When it passes its year low.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 4:04pm On Aug 12, 2015
Michael11stock:
Oando dey go down to 10 naira nawa oooo this stock is so annoying
I want Oando to touch 8.00.
PoliticsWhere Is Doyin Okupe? by ForcefullBULL(op): 2:51pm On Aug 12, 2015
WHERE IS DOYIN OKUPE?
PoliticsRe: Buhari Has Finally Declare War Against South South by ForcefullBULL: 2:33pm On Aug 12, 2015
EXACTLY
PoliticsRe: Pic: Little Girl Who Was Badly Burnt During Boko Haram Attack To Get Plastic Sur by ForcefullBULL: 12:25pm On Aug 12, 2015
bad
PoliticsRe: My Successor Must Be Younger Than Me-gej by ForcefullBULL: 12:24pm On Aug 12, 2015
hey
RomanceRe: Guys,, Can You Marry A Girl That Is Older Than You?? by ForcefullBULL: 12:22pm On Aug 12, 2015
yes
PoliticsRe: Jonathan Recommends Buhari Increases VAT To 10% by ForcefullBULL: 12:11pm On Aug 12, 2015
cool
BusinessRe: List Of 41 Imported Items CBN Ban From Forex by ForcefullBULL: 10:58am On Aug 12, 2015
VISTIN:
Everything should not be correct in your eyes.

Think deep and pray they soften ground. If not, in a matter of 4 months, the heat will get to every Nigerian.

Let the FG create alternatives before ban. Do we have factories here to meet the immediate demand of our population? Do you know what it means to source dollar out there just like that?

Well, good luck to Nigeria.
They weren't banned from entering Nigeria but banned from FOREX market
BusinessRe: List Of 41 Imported Items CBN Ban From Forex by ForcefullBULL: 10:12am On Aug 12, 2015
correct
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 6:57am On Aug 10, 2015
Can someone answer this question. If I have 100Billion, and I say I want to invest in Gtbank, is it possible to buy 4billion shares of Gtbank cumulatively without regulators raising high brow
CultureRe: Have You Ever Dated A Black-american? by ForcefullBULL: 2:58am On Aug 03, 2015
too bad
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 12:35pm On Jul 31, 2015
dollar now 230 at parallel market
FamilyRe: Do Women Also Have Sexual Fantasies? by ForcefullBULL: 6:56pm On Jul 28, 2015
Most normal women dont fantasise about sex. Sexual fantasy is a man's thing. Any woman who fantasise about sex would be a nymphomaniac. Men can fantasise about sex with more women at a time. No sane woman would want to have sex with multiple men.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 8:34am On Jul 24, 2015
Uba is fraud
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 6:06pm On Jul 23, 2015
mercylicious:
Have u heard UBA have been banned from fx transactions cos of abuse? No money gram, western union , cards and dollar denominated transactions?
Thank God. They were changing dollar and pound at very high rates.
PoliticsIgbos Need To Read This Excerpt. by ForcefullBULL(op): 9:49pm On Jul 22, 2015
[b] The Igbo may never forget what happened to them and, indeed, should never forget. But it is past time for them to forgive. We are sorry This is one voice in the Nigerian wilderness saying to the Igbo from the depth of his heart: we are sorry. We are sorry for the way we mistreated you. We are sorry for the way we abused you. We are sorry for starving your children to death. We are sorry for killing your loved ones. We are sorry for stealing your properties. We are sorry for making you feel unwanted in your own country. Please forgive us. It is time to forgive us. It is way past time for the Igbo to forgive Nigerians. We beg you in the name of God. There was a civil war in the United States, but the defeated South rose from the ashes. Five of the last nine presidents of the United States have been from the South, including Jimmy Carter from Georgia, George Bush from Texas and Bill Clinton from Arkansas. The time is overdue for an Igbo president of Nigeria, but it is not going to happen as long as the Igbo continue to hold a grudge against Nigeria and Nigerians. There is no question about it: the Igbos cannot elect a president of Nigeria on their own. To do so, they have to join forces with others. They have to form alliances with people from other parts of Nigeria. That is not going to happen as long as the Igbo continue to bear a grudge against practically everybody else. The Igbo have a gripe against virtually all the people they need. They have this tendency to antagonise their possible alliance partners. They keep dredging up the past, refusing to let sleeping dogs lie. Until they drop these gripes, they are not likely to realise their dreams. Demonising Yorubas For example, the Igbo have this tendency to demonise the Yorubas. It is alarming when reading the Vanguard blogs today to see the animosity often expressed between Igbo and Yoruba contributors. The hatred is most unhealthy. Insults are traded with abandon. What is the point of this? For how long will the Igbo demand emotional retribution from every Yoruba for the betrayal of Awolowo? Most of the contributors were not even born when the civil- war took place more than a generation ago. There is now even transferred aggression against Babatunde Fashola, who made the blunder of repatriating some destitute Igbo from Lagos back to their home-states. The man has apologised for the infraction. He should be forgiven. Blunders are not the exclusive preserve of the non-Igbo. The Igbo have made more than a few themselves and will yet make others. Paradoxically, the redemption of the Igbos to prominent national office moved apace under President Obasanjo; a Yoruba man. Recognising that Igbos are some of the most seasoned, competent and experienced public-servants, Obasanjo relied heavily on their expertise. Thanks to him, we got Ngozi Okonjo-Iweala at Finance, Charles Soludo at Central Bank, Obiageli Ezekwesili at Education, Ndidi Okereke at the Stock Exchange, and Dora Akunyili at NAFDAC. Indeed, Igbo statesmen came into more prominence under Obasanjo than did Yoruba statesmen. But for some strange reason, this does not seem to have succeeded in assuaging the ill-feeling of the Igbos toward the Yorubas. Bad politicians Within the framework of Nigerian politics, the Igbo also have a fundamental problem. Out of the three major ethnic groups in Nigeria, the Igbo have by far the worst politicians. They have no recognizable leaders, and have no discernible strategy as to how to negotiate power at the centre. As a result, the Igbo have tended to be short-changed at the federal level. Traditionally, the inconsequential ministries, such as the Ministry of Information, have been zoned to them. The Igbo need to work out a plan that will take them to Aso Rock. First, they need to choose and groom a de-tribalised leader of the Azikiwe mould who can be sold to non-Igbos. Then, they need to give him undiluted support. At the moment the internal politics of the Igbo militates against this. The Igbo seem to hate themselves as much as they hate others. They seem to fight themselves with as much venom as they fight others. Every potential Igbo leader seems to have more enemies within than without. This must not be allowed to continue. The Igbo need to help themselves in order that their friends can help them[/b]
PoliticsRe: Nigeria Can Not Survive Without The IGBOS By Femi Aribisala by ForcefullBULL: 9:43pm On Jul 22, 2015
Do not read the Nigeria can not survive without Igbos alone, read this part of the story too.


[b] The Igbo may never forget what happened to them and, indeed, should never forget. But it is past time for them to forgive. We are sorry This is one voice in the Nigerian wilderness saying to the Igbo from the depth of his heart: we are sorry. We are sorry for the way we mistreated you. We are sorry for the way we abused you. We are sorry for starving your children to death. We are sorry for killing your loved ones. We are sorry for stealing your properties. We are sorry for making you feel unwanted in your own country. Please forgive us. It is time to forgive us. It is way past time for the Igbo to forgive Nigerians. We beg you in the name of God. There was a civil war in the United States, but the defeated South rose from the ashes. Five of the last nine presidents of the United States have been from the South, including Jimmy Carter from Georgia, George Bush from Texas and Bill Clinton from Arkansas. The time is overdue for an Igbo president of Nigeria, but it is not going to happen as long as the Igbo continue to hold a grudge against Nigeria and Nigerians. There is no question about it: the Igbos cannot elect a president of Nigeria on their own. To do so, they have to join forces with others. They have to form alliances with people from other parts of Nigeria. That is not going to happen as long as the Igbo continue to bear a grudge against practically everybody else. The Igbo have a gripe against virtually all the people they need. They have this tendency to antagonise their possible alliance partners. They keep dredging up the past, refusing to let sleeping dogs lie. Until they drop these gripes, they are not likely to realise their dreams. Demonising Yorubas For example, the Igbo have this tendency to demonise the Yorubas. It is alarming when reading the Vanguard blogs today to see the animosity often expressed between Igbo and Yoruba contributors. The hatred is most unhealthy. Insults are traded with abandon. What is the point of this? For how long will the Igbo demand emotional retribution from every Yoruba for the betrayal of Awolowo? Most of the contributors were not even born when the civil- war took place more than a generation ago. There is now even transferred aggression against Babatunde Fashola, who made the blunder of repatriating some destitute Igbo from Lagos back to their home-states. The man has apologised for the infraction. He should be forgiven. Blunders are not the exclusive preserve of the non-Igbo. The Igbo have made more than a few themselves and will yet make others. Paradoxically, the redemption of the Igbos to prominent national office moved apace under President Obasanjo; a Yoruba man. Recognising that Igbos are some of the most seasoned, competent and experienced public-servants, Obasanjo relied heavily on their expertise. Thanks to him, we got Ngozi Okonjo-Iweala at Finance, Charles Soludo at Central Bank, Obiageli Ezekwesili at Education, Ndidi Okereke at the Stock Exchange, and Dora Akunyili at NAFDAC. Indeed, Igbo statesmen came into more prominence under Obasanjo than did Yoruba statesmen. But for some strange reason, this does not seem to have succeeded in assuaging the ill-feeling of the Igbos toward the Yorubas. Bad politicians Within the framework of Nigerian politics, the Igbo also have a fundamental problem. Out of the three major ethnic groups in Nigeria, the Igbo have by far the worst politicians. They have no recognizable leaders, and have no discernible strategy as to how to negotiate power at the centre. As a result, the Igbo have tended to be short-changed at the federal level. Traditionally, the inconsequential ministries, such as the Ministry of Information, have been zoned to them. The Igbo need to work out a plan that will take them to Aso Rock. First, they need to choose and groom a de-tribalised leader of the Azikiwe mould who can be sold to non-Igbos. Then, they need to give him undiluted support. At the moment the internal politics of the Igbo militates against this. The Igbo seem to hate themselves as much as they hate others. They seem to fight themselves with as much venom as they fight others. Every potential Igbo leader seems to have more enemies within than without. This must not be allowed to continue. The Igbo need to help themselves in order that their friends can help them[/b]
PoliticsRe: Adams Oshiomhole's Pretty Wife Stuns In Red At A Meeting In Washington by ForcefullBULL:
PPAngel:
[size=18pt]Jim Ovia as part of the entourage is totally unacceptable to that vindictive sectional bigot but Oshiomole's ashewoe wife is all good? [/size]
Well The question is why did Oshiomole Take his wife to America as part of the President entourage . Why? Why? WHY?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 9:56am On Jul 22, 2015
Processor01:
That is entirely your choice bro...i can't help your unbelief tongue
Well i called them and they said 199.45 but until i can confirm from someone who uses their card. because if you call UBA they will say 222
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 9:46pm On Jul 21, 2015
Processor01:
StanbicIBTC is the deal! 199.5 to a Dollar
i doubt this
SportsRe: Rashidi Yekinis Daughter To Meet Portugal Club After Nigeria ‘ignored’ Her by ForcefullBULL: 12:07pm On Jul 21, 2015
pretydiva:
Eya..i pray dey give her d assistance she needs...naija hardly value her own
PRAYER WARRIOR
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by ForcefullBULL: 10:57am On Jul 21, 2015
ForcefullBULL:
Did you miss buy today? I am afraid the opportunity make not come in a long time
I SAID IT
PoliticsRe: Don't Use UBA Mastercard For Abroad Shopping.Conversion Rate N267 = 1USD. by ForcefullBULL(op): 10:19am On Jul 21, 2015
268 today

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