FG Finally Agrees To Send Money To Nigerians Using BVN

The Federal Government of Nigeria will now credit the account of individual who needs support and with a verified BVN and those who don’t have bank account will be also cater for through another means.

The idea of finally settle to use BVN as part of distribution of palliative was conceived as result of pressure from people and some organisation to consider sending palliattive to Nigerians through BVN.

My State News gathered that the Federal Government has resolved to to expand the social register for palliative distribution, by employing digital models including the use of Bank Verification Number (BVN).

The Minister of Humanitarian Affairs and Disaster Management, Sadiya Farouq, stated this while responding to questions at the Presidential Task Force briefing on COVID-19 on Tuesday.

Farouq noted that deploying digital means will be faster and make the distribution more effective.

“We are using other models including BVN to identify bank accounts. We are also using mobile phone networks to identify poor and vulnerable people in the society.

“This is going to be faster, transparent and give room for more accountability,” Farouq said.


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