NewsPAP: Verification Committee Clears Over 750 Ex-Agitators With BVN Related Cases

PAP: Verification Committee Clears Over 750 Ex-Agitators With BVN Related Cases

GTBCO FOOD DRINL

January 12, (THEWILL) – No fewer than seven hundred and fifty (750) ex-agitators with BVN-related cases have been cleared by the Adhoc Verification Committee recently set up by the Interim Administrator of the Presidential Amnesty Programme, Maj. Gen. Barry Tariye Ndiomu, while other pending cases are awaiting final clearance, as the committee intensifies efforts to resolve all issues.

This was disclosed by a member of the Strategic Communication Committee (STRACOM) of the PAP, Comrade Tonye Bobo, in Yenagoa, in an interview with newsmen about recent developments in the Programme.

Bobo revealed that the Interim Administrator is also bothered by the complications discovered in the database and that he is doing everything possible to resolve the issues at stake.

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He, therefore, appealed to the affected ex-agitators to exercise patience as the verification committee is on top of the matter, informing that the regulatory framework put in place by the Central Bank of Nigeria for Bank Verification Number (BVN) operations and the Watch-list for the Nigerian banking industry is still in force, warning that any breach of the act would incur serious sanctions.

It will be recalled that the CBN, in collaboration with the Bankers’ Committee, deployed a centralised Bank Verification Number (BVN) System in February 2014. This was part of the overall strategy of ensuring the effectiveness of “Know Your Customer (KYC)” principles, and promotion of a safe, reliable and efficient payment system. The BVN system gives each customer in the Nigerian banking industry a unique identifier number.

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