Lagos - The Central Bank of Nigeria’s olan to involve a foreign firm on the banking industry biometric solutions project has left many local ICT experts unhappy, reports Premium Times.
The regulatory body, who signed a Banking Industry Biometric Solutions Project agreement with Demalorg BMS, a German company, hope to get the biometric details of all bank customers nationwide within the next 12 months.
The project, which is to cost about $50 million, will have been beneficial to ICT companies in Nigeria.
Participants at the West African Information and Communications Technology (WAFICT) congress, aired their greviences stating that outsourcing poses security challenges, weakens the Naira, and will not help maximize local human resources and talent.
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