Nigeria FinTech Landscape - Impact Assessment slide image

Nigeria FinTech Landscape - Impact Assessment

2: Mandating digital ID as a pre-requisite for accessing social benefits has the potential to create significant pull for the digital ID which could accelerate the update of financial services by all Key components $1100 001 Objectives Create pull for digital ID by driving donor fund Make digital ID compulsory for disbursement to accessing social benefits 0001 individuals with digital IDs Ensure infrastructure for the creation of digital ID is available for consumers Use the service delivery centres as enrolment points Donors Partner agencies ■ Mandate that donor funds and benefits will be tied to ownership of digital ID Examples of benefits include cash transfer programs, agricultural subsidy programs for fertilizers, healthcare benefits vaccines, malaria treatments, HIV, pre/post natal care, food programs at schools, local communities etc. Leverage service delivery points such as health centers, microlending agencies, educational centers etc. as enrollment centers for digital ID Stakeholders Examples include Gates Foundation, DFID, USAID etc. ■ Various ministries and partners Hospitals and health centres ■ Food and agriculture programs SOURCE: Expert interviews, Stakeholder interviews, team analysis Educational institutions EFINA 83
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