“Don’t sell your NIN for peanuts” – NIMC warns Nigerians over rising data fraud

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“Don’t sell your NIN for peanuts” – NIMC warns Nigerians over rising data fraud
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The National Identity Management Commission has warned Nigerians against sharing their National Identification Numbers with unauthorised individuals or organisations, saying it will not be held liable for any misuse.

Quoting the EFCC, the commission said, “This fraud scheme is largely driven by an army of young Nigerians offering a paltry payment of between ₦1,500 and ₦2,000 to their victims to make them surrender a copy of their personal information details to them and sell the same information to some fintech institutions for about ₦5,000.”

He said, “The NIMC wishes to state clearly that it will not be held responsible for any personal information shared by an individual directly or by proxy for the purpose of financial gain or inducement.” He reminded Nigerians that they have been warned repeatedly not to share their NIN with unauthorised entities.

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