Oct 30





1 Like


Print Friendly, PDF & Email

PIN Writes CBN, Calls For Suspension of Bank Verification Number (BVN) Exercise


Paradigm Initiative Nigeria wrote a letter to Central Bank of Nigeria on Wednesday 29th October, 2015 asking the apex bank to suspend the Bank Verification Number (BVN) exercise until there is a legal frameworks in place to safeguard the data collection. See letter below:

October 28, 2015

The Governor,

Central Bank of Nigeria,

Central Business District,

Abuja, Federal Capital Territory,



Dear Sir,


Call for Suspension of the Bank Verification Number (BVN) Exercise

Paradigm Initiative Nigeria (PIN) wishes to call for the suspension of the Bank Verification Number (BVN) mandated by the Central Bank of Nigeria for bank customers in Nigeria. The call for suspension is necessary based on the need to first enact a viable legislation to properly cater for data of private citizens as requested by the Apex Bank’s policy and moreover, we agree with President Buhari on the need for data collection agencies to work together.

The Bank Verification Number (BVN) upon perusal seeks to expose confidential information of private citizens and is also riddled with severe implications since there are no legal frameworks in place to safeguard the data collection exercise. The implementation of Bank Verification Number (BVN) now, in the absence of a legal framework is like putting the cart before the horse; there has to be a law regulating the use of data of private citizens before such an important exercise.

It is in view of this that PIN is calling for the suspension of the BVN exercise until the proper laws are put in place. However, should the Central Bank of Nigeria go ahead with its administrative policy in respect of this exercise, the Organisation will be left with no other choice than to toe the line of legal redress to re-establish the proper order of events.

In case the Bank require any more information regarding this letter, please, do contact us on phone, at 092916301 or by email at,,

Best Regards,

‘Boye Adegoke

Program Manager(ICT Policy)

The CBN also acknowledged receipt of the letter on the same day. You can find CBN’s acknowledged copy here

34 Responses

  1. Thanks a bunch for sharing this with all of us you actually realize what you’re talking approximately! Bookmarked. Kindly also visit my web site . We will have a hyperlink exchange arrangement among us! kdgakabdgaba

  2. Каждый из нас всех стремится к финансовой стабильности, однако без исключения у всякого из нас с вами порою могут случиться совершенно внезапные происшествия, требующие от нас принятия незамедлительных решений и некоторых денежных капиталовложений. При этом, эдакая проблема способна сложиться как у успешного предпринимателя, так и у среднестатистического инженера, живущего на зарплату. Сейчас преимущественно оптимальный выход из описанной выше ситуации – естественно, взять кредит. Приобретя нужные средства в нужный период лично вы можете разрешить возникшие экономические трудности, а отдать деньги – в удобный для вас лично миг.

    Однако, для большинства, целый процесс выдачи кредита всегда ассоциируется с различными отталкивающими эпизодами – громадными временными затратами, надобностью посещения организации, в каком будет взят долг и собирания целого ряда документов. Еще некоторое время тому назад всецелый процесс не мог обойтись без сих нюансов. Быстрое развитие технологий привело к происхождению данной услуги как кредит online, которая помогает получить требуемые денежные средства по упрощенной процедуре, сэкономив при том много времени и ваших сил.
    Не хватает денег на приобретение товаров либо оплату сервисных услуг, ну а до зарплаты осталось несколько рабочих дней – могут помочь микрозаймы на карту – моментально online, без отказов с минимальными требованиями к заказчикам.

    микрозаймы на карту срочно онлайн без отказов

  3. Открылся новый магазин все по 50 рублей, например определенный товар стоит 5000 рублей или 7000 рублей то у нас вы можете найти его всего за 50 рублей:
    магазин ежедневно пополняется, к концу недели будет очень богатый ассортимент.

  4. Writing doctoral dissertation is a prerequisite before a PhD degree conferred to you. It usually entails conducting some form of research. Dissertation writing is therefore not among the simplest form of writing you will come across. Dissertation writing process will normally begin by selecting of a topic or a concept. The topic should be on a relevant field and that which would lead to development of new knowledge in the field. While selecting a topic for dissertation writing, ensures that your topic is simple, realistic and attainable. After you have decided on a topic, you need to embark on writing a dissertation proposal. A dissertation proposal is a detailed work plan that provides specific details on how your dissertation project will be conducted. The proposal should contain; an introduction of the topic, the problem statement of your dissertation, objectives, research questions and hypothesis of your study and research methods you plan on using. A proposal in dissertation writing should also contain a literature review. A literature review is a detailed analysis of what other authors have said about your topic of study. The dissertation proposal should also include a work schedule and a budget plan for your dissertation project. After writing your proposal the next step is the collection and analysis of data. There are many approaches for collecting and analyzing data and the choice of these will dependent on the study. Then next is the actual dissertation writing. Dissertation papers should contain all those details included in the proposals. It should also encompass chapters that present the results and finding of the study. Dissertation writing should follow specific structure and style of formatting. This again will vary depending on your study type, institution or field of study. This process of dissertation writing consumes a lot of time and requires a lot of expertise and experience. These sometimes present a challenge to many students when it comes to dissertation writing. We are now providing dissertation writing services. We are offering dissertation papers for a variety of academic fields including; history, sciences, business, psychology and literature among many others. We have highly experienced writers who are also experts in dissertation writing. These dissertation writers are all PhD graduates who have years of practice in writing and have never disappointed when it comes to writing dissertation papers. Our writers will ensure that all the standards for your dissertation writing are adhered to. Though some standard requirement will vary from one dissertation papers to the other, there are some dissertation writing standard requirements that apply to all dissertation papers. One of them is the use of correct language, sentences, spelling and punctuations. Errors committed in such areas my completely alter what you intended to communicate in your dissertations. Another requirement is that your dissertation papers should be original and plagiarism free. To ensure that our papers remain 100 percent original and non-plagiarized we have instructed our writers to always start the writing process from scratch. We also scan all our papers using plagiarism checking software before we hand them over to our client. When you purchase our dissertation writing services, you receive papers that are guaranteed to satisfy your individual needs. This is because all our dissertation papers are custom written which ensures that we are able to adhere to our customers’ concerns and focus in meeting their expectations. Our dissertation writing services are also available at affordable prices.

  5. ome people, especially those running on busy daily schedules tend to use the pills to help maintain weight since they can not afford to follow all the diet programs. This is not advised. It is recommended that one seek advice from a professional in this field before using the pills. This can save one from many dangers associated with the misuse.

    The diet pills should always be taken whole. Some people tend to divide the pills to serve a longer period of time. This is not advised and can lead to ineffectiveness. If it is required that one takes a complete tablet, it means that a certain amount of the ingredients are required to achieve the desired goal. It is also recommended that one does not crush the pill and dissolve it in beverages. Chemicals found in beverages have the potential of neutralizing the desired nutrients in the pill thereby leading to ineffectiveness. The best way to take the tablets is swallowing them whole with a glass of water.

  6. A Biological Masterpiece, But Subject to Many Ills
    The human foot is a biological masterpiece. Its strong, flexible, and functional design enables it to do its job well and without complaint—if you take care of it and don’t take it for granted.
    healthThe foot can be compared to a finely tuned race car, or a space shuttle, vehicles whose function dictates their design and structure. And like them, the human foot is complex, containing within its relatively small size 26 bones (the two feet contain a quarter of all the bones in the body), 33 joints, and a network of more than 100 tendons, muscles, and ligaments, to say nothing of blood vessels and nerves.

  7. Медицинский стоматологический центр Трудно сегодня назвать человека, который обходился бы без стоматологических услуг. Даже у полностью беззубого человека может возникнуть стоматит или пульпит.. импланты straumann

  8. We imagine that alone a professional correspondent can craft erudite size that’s nothing stubby of best and brings the best results. How to tackle expository essay. Every online composition journo in our network has a concentrated track-record of providing check in and penmanship benefit to students. 3 paragraph essay about friendship

Leave a Reply

Your email address will not be published. Required fields are marked *