SecureID Opens SIM Card Plant, Backs Economic Diversification

SecureID Limited, which provides services to the banking, public, private and telecoms sectors has commissioned a SIM Card manufacturing line for the telecoms sector. The project, it said, was in line with its continuous support for federal government’s economy diversification agenda.

It said the commissioning falls in line with President Muhammadu Buhari’s strategic mandate to diversify the nation’s economy by exploiting the vast potentials that lies untapped in the non-oil sector. SecureID Limited said the SIM Card line commissioning signals a major achievement in the domestication of strategic inputs in the nation’s telecommunications sector. “SecureID SIM Card Manufacturing Lines’ commissioning and its strategic location in Lagos, portends great opportunities for local manufacturing such as vast export potential, significant curtailment of foreign exchange outflows, in addition to higher level job creation and in-country technology and know-how transfer,” it said in a statement.

Managing Director/CEO, SecureID Limited, Mrs. Kofo Akinkugbe, noted that “this facility is the result of a bold vision and absolute confidence in the underlying strength and strategic importance of the Nigerian economy and resonates as a pivotal strategy for growth of the nation’s Telecoms industry especially in the area of Local manufacturing of SIM cards.”