Minister Applauds Smart Card Firm’s Role in Nigeria's Digital Transformation

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended one of the nation’s leading smartcard manufacturing companies, SecureID Limited, for its contributions towards the nation’s digitization efforts.

He also praised the company for its sustainability and viability in the last two decades, lauding it for its topnotch service delivery in the critical areas of payments (banking cards), telecoms (SIM cards), and biometric identification of Nigerians.

Edun made these remarks during his visit to the company’s corporate headquarters recently, stressing that he was impressed with the capacity of the factory to produce 200 million cards annually.

He said this included voter registration cards, national identity cards, drivers’ license and other identity management cards.

The visit marked a significant milestone in Nigeria’s journey toward digital transformation and enhanced security measures in the ever-evolving digital landscape.

His words: "You are creating a vibrant and forward-looking organisation that has not only achieved a lot but has laid the basis for doing a lot more, sustainably and in an exemplary manner. A strong brand is evolving," the minister added.

The minister noted that the visit was to acquaint himself with SecureID Limited's world-class capabilities.

The company boasts of global certifications, possesses exceptional expertise, and utilises state-of-the-art machinery for smartcard production within the Nigerian territory.

The visit gave the company the opportunity to engage with the government and advocate for policies to facilitate the seamless operation of their facilities, contributing to the country’s digital and security infrastructure.

During the interactive sessions, key discussions centred on pivotal areas of national interest, including the integration of backend services of TPS, one of its subsidiaries, for streamlined operations and enhanced efficiency.

In her remarks, the Group Managing Director of SecureID Limited, Kofo Akinkugbe, expressed optimism for the company’s future collaboration with the government and its positive implications.

In addition to the plant tour, the minister had interactive sessions with the company’s management and staff to discuss various aspects of smartcard manufacturing, digital security, and their potential impact on Nigeria’s rapidly advancing digital landscape.

Noteworthy among the discussions was SecureID Limited's contribution towards economic growth through local production as well as their export drive with clients in 21 African countries.