Oluwanifemi and Emmanuel here
Today we are discussing:
- The sickening cost of NIN registrations
- Spotify’s play for Africa
- Increased funding for healthtech, eCommerce 2020
NIN: Nigeria ravaged by COVID-19
On December 15, 2020, the Nigerian Communications Commission (NCC) ordered all mobile subscribers to link their National Identification Number (NIN) to their Subscriber Identification Module (SIM) cards. People without NINs were to quickly register or risk being blocked by December 30, 2021.
At the time of this order, there were 207 million mobile subscribers, and 47 million registered NINs. This seemingly sudden move was the outcome of months of ministerial orders and regulatory directives.
There had been warning signs
In February 2020, the Minister set a December 30, 2020 deadline for subscribers to link their SIM cards with…