32 Million People Have Not Registered for BVN – CBN - NaijaExtra

32 Million People Have Not Registered for BVN – CBN

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Despite postponing the deadline by almost 4months,the Central Bank of Nigeria has revealed that 32 million active bank accounts have yet to be enrolled on the Biometric Verification Number system.

Speaking through a statement issued in Abuja by the CBN Director, Corporate Communications, Mu’azu Ibrahim, the CBN said CBN was concerned by the number of account owners yet to enrol, considering that the exercise would end by October 31.

“The emerging statistical trend of the BVN registration exercise shows that there are about 52 million active bank accounts in various banks,” the statement said.

“Out of this, total enrollment stands at about 20 million, out of which about 14 million accounts have been found linked
to the BVN as of September, 2015.

“The question now is whether bank customers have been taking advantage of the extension to complete their BVN
registration and also ensure that their various bank accounts have been linked to the BVN,” he continued.

The statement revealed that after the initial rush from June ending to July, there had been a steady decline in new BVN
enrollment figures for August and September.

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