OPINION BY TUNDE LEYE: Building Nigeria’s trust infrastructure — a key priority | TheCable
reduces transaction costs and ensures that energies are devoted to actual productive activity in the economy. And while physical infrastructure is important in an economy, establishing a trust infrastructure is even more crucial. If Nigeria is to experience any serious growth that can scale, in an efficient manner, building this trust infrastructure must be at the very top of the priority list of the new government.
This ensured that cultures developed low trust as a defence mechanism. Couple this with the fact that in modern Nigeria, the repercussions for breaking societal trust, whether by individuals or government, is minimal, and the reasons for how the society has developed such low trust levels become clear. Yet, this has hampered scaling the economy in the most meaningful ways.We often like to think this trust is some ephemeral thing that cannot be objectively and structurally established.
Nigeria’s addressing system is dated, and while postcodes exist, they are limited in use to urban centres. Once you move into the fringes of these urban centres and/or rural areas, the addressing system breaks down completely, and you are forced to rely on less precise descriptive methods that are usually off the mark. A proper, detailed mapping of the country is needed, well-planned to ensure that a uniform system that works for our peculiarities is adopted and used nationally.
I believe that the various bodies that manage some form of identity data should be unified under one commission or ministerial control. To this, I would also include the National Population Commission as their mandate is important to the identity management system.This new, powerful trust management body must be able to harmonise and unify all existing identity data into the NIN framework as a first step.
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