According to the Economic and Financial Crimes Commission (EFCC), over 2,000 Nigerians have fallen victim to scammers offering ₦1,500-₦2,000 in exchange for their data, which is then resold to Fintech companies for ₦5,000.
NIMC's Head of Corporate Communications, Dr. Kayode Adegoke, described the trend as a "serious security concern" with "grave consequences" for NIN holders.
Adegoke warned that disclosing personal data carelessly exposes citizens to identity theft, fraud, and other criminal activities. He reminded the public not to disclose their NIN to unauthorized individuals or organizations.
The agency also cautioned service providers to verify all NINs presented before granting access to services, emphasizing the importance of protecting users' identities.
NIMC advised Nigerians to download the NINAuth App to enjoy seamless benefits, including protection and control of their personal information.
Adegoke reiterated that digital identity security is a shared responsibility, urging citizens to treat their NINs with the same level of confidentiality as their ATM PINs or passwords.