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Mint, Firm To Print National ID Card – NIMC

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The Nigerian Security Printing and Minting Company is one of the two local firms selected by the Federal Government for the printing of the nation’s multipurpose identity card.
director-general-national-identity-management-commission-mr-chris-onyemenam-360x225The Director-General, National Identity Management Commission, Mr. Chris Onyemenam, who disclosed this in an interview with our correspondent in Abuja on Tuesday, said NIMC had also set a target of 24 months for the manufacture of the cards.

Onyemenam said the Memorandum of Understanding recently signed with MasterCard was meant to feature the international payment card on the identity card as a payment solution and not for the production of the cards.

The NIMC boss said after the pilot phase, which will involve the production of 13 million cards, other payment solutions could be included in the cards.

He said, “We have only taken advantage of the security that has been created in the National Identity Management System to include a payment solution. We have only used the security and the safety provided by the National Identity Management System to enhance the implements of the electronic payment industry.

“The warehousing of our data is still our responsibility. The processing of the data is done between us and local companies in Nigeria through the financial institutions. It is a partnership between NIMC and the financial institutions licensed by the Central Bank of Nigeria and MasterCard, and the processor that is also licensed by the CBN.

“MasterCard is just a payment solution. It is a payment platform that we all know. And this is a pilot for 13 million cards. We are not 13 million Nigerians. This is just a pilot. When we are through with it, we can accommodate other payment platforms.”

Onyemenam added, “The card itself is not something anybody can buy from the shelf. You cannot just walk to a shop and say give me this card. I know that there are so many cards that are being imported into the country from China and elsewhere, but this is a special card designed like any other national identity card for Nigeria.

“It was designed by my staff. The chips on the card have benefited our experience as well. Now, we cannot manufacture it; we don’t manufacture cards in Nigeria. But we have plans to make sure that within 18 to 24 months, it will be manufactured here. We believe in local content.

“We have two major producers. And it is not right for me to start talking about them because it is a security matter. The security features on the cards are copyrighted for NIMC.”

In a statement issued by MasterCard and made available to our correspondent in Abuja on Tuesday, the company said the project was the largest roll out of a formal electronic payment solution in the country and the broadest financial inclusion initiative of its kind on the African continent.

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COVID-19 vaccine: US embassy celebrates Nigerian doctor Ogbuagu

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The United States Mission to Nigeria has celebrated Dr Onyema Ogbuagu, for his role in the development of a COVID-19 vaccine.

Ogbuagbu, who graduated from the University of Calabar in 2003, migrated to the US and rose to become an Associate Professor of Medicine and Infectious Disease Specialist at Yale University.

He was part of the team that helped pharmaceutical company, Pfizer, to develop a COVID-19 vaccine.

In a Facebook message on Monday, the US mission wrote, “Nigerians contribute to the world in so many ways. Our hats off to Dr Onyema Ogbuagu at Yale who helped develop a COVID-19 vaccine.”

Ogbuagu is the son of a former Vice-Chancellor of Abia State University, Prof Stella Ogbuagu. He also has a twin brother who is an engineer.

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Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion

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After beating Mark Zuckerberg in world rich list ranking — the billionaire Tesla CEO Elon Musk has now leapfrogged Bill Gates to grab the world’s second-richest ranking.

Musk’s net worth rose more than $7.2 billion on November 23, driven by another surge in the Tesla share price, according to the Bloomberg Billionaire Index. The current net worth of Elon Musk stands at $127.9 billion.

This comes as one of the biggest gains in the ranking of the world’s 500 richest people — Musk has added over $100.3 billion to his net worth this year.

Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion

In January 2020, he ranked 35th, but the soaring Tesla share price has driven his ranking to surpass other billionaires in the world.

The jump in Musk’s fortune came as the shares of the electric car-maker Tesla soared as the electric car makers market cap neared $500 billion on Monday.

Gates would have been on the top, had it not been for his philanthropy.

~BusinessInsider~

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#EndSARS Protest: Those who have murdered Nigerians will not benefit from trade or travel to the UK – Lyn Brown

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British politician serving as Member of Parliament, Lyn Brown has called for sanctions against those involved in the shooting incident during the EndSARS protest in Lekki on October 20.

Speaking during a debate in the house on Monday November 23, Lyn stated that the least they can do is to make sure that those who have “murdered” Nigerians and deprived them of their human rights are not able to benefit from trade or travel to the UK.

She added that these include government officials and the Nigerian army who are stopping a “transparent investigation and effecting of justice.”

The lawmaker also averred that it was unfortunate that the Federal Government went ahead to not only accuse protesters of sponsoring terrorism and freeze their accounts, but also blamed them for the increase in food prices.

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