The Lagos State Government said it is making efforts to minimise the fraudulent incidences rampaging the Point of Sale business in the state by the implementation of the Lag ID card.
The PUNCH reported that the Permanent Secretary, Ministry of Science and Technology, Ibilola Kasunmu, disclosed this in a statement during a meeting with the National President of the Association at the Lagos State Residents Registration Agency Office, Alausa, Ikeja.
According to the government, the ‘Lag ID Card’ to be issued by the state’s Residents Registration Agency would further help to protect Lagosians from the rising incidence of fraud perpetrated through the PoS terminals across the state.
The Permanent Secretary said this was part of the discussions with the National President of the Association of Mobile Money and Bank Agents in Nigeria in Ikeja recently.
Adding that, partnering with the association would help to curb the uncontrolled distribution of the PoS terminals and ensure proper capturing of the biometrics of every operator before commencement of business.
According to Kasunmu, who was represented by the Head of Registration Department at LASRRA, Abari Ajibola, the registration of all PoS terminal operators could not have come at a better time because of its similar objective of financial inclusion with the ‘LAG ID Card’.
He stated, “The new smart card issued to residents, which comes with a wallet, has been well secured to further increase the confidence of residents in the newly re-launched card.”
The permanent secretary explained that the smart card initiative was aimed at achieving the agency’s set goals and objectives, including identifying every resident and maintaining a rich database, providing data for social and state welfare intervention, improving efficiency in accessing all state government services and driving the Smart City agenda initiative, among others.
The National President, AMMBAN, Victor Olojo, also lamented, that fraud was one of the top issues facing the association.
