- Vice President Yemi Osinbajo has lauded SecureID for creating job opportunities in Nigeria
- Osinbajo made the commendation in Lagos on Tuesday, May 11, during a facility visit to the company
- According to him, the company's activities would bolster economic growth through local content
Professor Yemi Osinbajo, Nigeria's vice president, has lauded Africa’s leading smart card manufacturing and digital solutions company, SecureID Limited, for its outstanding manufacturing operations in Nigeria.
Legit.ng's reports that Osinbajo said the company is creating copious job opportunities and bringing Nigeria to the fore of global competitiveness with its world-class smart card manufacturing plant in Lagos.
The vice president made the statement during a visit to the company’s manufacturing facility on Tuesday, May 11, at Apapa-Oshodi, Isolo area of Lagos state.
The company recently bagged the esteemed Global System of Mobile Applications (GSMA), making it the first in Nigeria and 3rd in Africa.
Other global certifications of the company include Visa International, MasterCard Incorporated, Verve, Card Quality Management (CQM) and ISO 9001/2015 for Smart Card Manufacturing and Personalization of credit and debit cards for all banks in Nigeria and clients in 21 countries across Africa.
The digital solution company also manufactures SIM cards for telecom companies, loyalty cards for retail and security documents for the public sector: driving license, national identity cards, international passports and more.
Expressing confidence in the company to bolster local content and contribute to the growth of the economy, Osinbajo stated that the recent GSMA certificate and other global certificates bears glowing testimony to the level of high standards demonstrated in its production of first-rate smart cards in the country.
"Today marks a momentous occasion in the history of the technology and manufacturing sector, and I am delighted to be a part of it. SecureID Limited has proved to us with this state-of-the-art manufacturing plant that local production of smart cards at the highest quality is not only viable in Nigeria but also brings a plethora of opportunities with it for Africa.
"I must commend this indigenous company for laying the precedent for other local manufacturers to follow. I must also congratulate the founder and CEO, Kofi Akinkugbe, who through her grit and passion to contribute to the growth of the economy, has committed innumerable resources and manpower to bring this factory to fruition.
"It warms my heart to see a woman take charge and create something indelible for other young women to emulate. She is an attestation to the fact that women are dependable collaborators in our quest for nation-building."
Osinbajo also extolled Akinkugbe for creating copious job opportunities for Nigerians, stating that this would bolster economic growth through local content.
Speaking on the company’s recent milestone, Akinkugbe stated that SecureID strictly upholds high-quality standards and protocols to manufacture an array of smart cards in line with global best practices, emphasising that the company worked resolutely, to attain the GSMA certificate and other certificates.
She said the company is an attestation that local production of smart cards at the highest quality is possible in Nigeria.
“As an indigenous company, we are able to produce high-quality SIM cards and at the same time, providing job opportunities for Nigerians. The government has seen it, its volume, value and growth that we are able to contribute is something we would showcase and further prove that this can be done locally.
“On our journey, we sought and received support from many institutions, agencies, and initiatives that have been established to encourage startups SMEs and enterprises. Some forward looking organisations also bought into our dream, early on and we must thank the Bank of Industry, in particular for the instrumental and continuing role."
The executive director, Bank of Industry, Simon Aranonu, while speaking at the event, said that the bank was excited about SecureID because it was a pioneer project led by a woman.
"We are happy to be part of this journey which started ten years ago, the BOI will continue to support the company because it is a good innovation. The company would help safe foreign exchange in Nigeria."
Meanwhile, Legit.ng had previously reported that the network providers in Nigeria lost about N1.1 billion to the ban on sim card registration which fell betwee December 2020 and Aprill this year.
It was reported that in an estimated calculation, it was discovered that for about 10 months of last year, MTN Nigeria, Airtel Nigeria, Globacom and 9mobile jointly recorded about 2.32 million subscribers.