Home GeneralLockdown: #payusviaBVN Trends As Nigerians Demand To Be Paid Through Their BVN

Lockdown: #payusviaBVN Trends As Nigerians Demand To Be Paid Through Their BVN

by Inclusive News Network

The Bank Verification Number commonly called BVN is a biometric identification system implemented by the Central Bank of Nigeria to curb or reduce illegal banking transactions in Nigeria. It is a modern security measure in line with the Central Bank of Nigeria Act 1958 to reduce fraud in the banking system.

Nigerians cited Namibia and Canada as instances where the governments have started transferring money directly into citizens bank accounts and every other means employable.

They noted that a good amount of donations were made by wealthy individuals and corporate organizations, adding “we can’t go another 14 days in emptiness.” See reactions Below:

https://twitter.com/ibisogeorge/status/1249825793284411392

 

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