Our Daily Manna 8 September 2019
TOPIC: BVN IN NIGERIA: CONFRONT YOUR PHARAOH EARLY
Basic Scripture: Exodus 8:20; 9: 13-17
On February 14, 2014, the Central Bank of Nigeria through the Bankers Committee in collaboration with all banks in Nigeria launched a centralized biometric identification system for the banking industry termed Bank Verification Number (BVN).
Our Daily Manna 8 September 2019
The benefits of this among other things was to give a unique identification to bank customers or bank account holders that can be verified across the Nigerian banking industry, protect customers’ accounts from unauthorized access, address issues of identity theft thus reducing exposure to fraud and give the banking industry the chances of fishing out blacklisted customers.
Other benefits included reduction in queuing in banking halls. standardized efficiency of banking operation and usage of the customers unique BVN as a means of identification across the Nigerian banks as well as authenticate transactions without the use of cards, using only biometric features and Personal Identification Numbers (PIN).
The method of the enrolment was very simple. Account holders were expected to walk into any branch their banks , fill and submit a BVN enrolment form, present themselves tor data capturing such as fingerprint and facial page. Thereafter, an enrolment slip with the transaction ID would be issued to the customer and within 24 hours the system would confirm the application, generate a BVN and an SMS would be sent to the customer to pick up his BVN.
Nigerians were given until the end of June 2015 to do this, a period lasting more than one year. Behold, as June 2015 was about to end, many Nigerians woke up to the realize that the exercise was about to end and that they had not taken advantage of all the time they had to do so. The banks were filled to overflowing as customers got into a last minute rush to beat the deadline. This resulted in untold hardship for many.
That the Holy Ghost wants to pick up is that in this life/ministry, whatever you have to do, start early and do it quickly! PROCRASTINATION is a WASTER! Catch one of the secrets of DAVID: Psalm 63: 1 – “O God, Thou an my God; early will I seek Thee: my soul thirsted for Thee, my flesh longest for Thee in a dry and thirsty land, where no water is.” He was not a PROCRASTINATOR! He never postponed what had to be done! He sought the Lord early!
You too seek the LORD early – Isaiah 55:6! An old English adage says, “Make hay while the sun shines” – that old English proverb attributed to John Haywood means, “to act while an opportunity exists: to take action while a situation is favourable”. In Medical Science, they say the best outcome for cancer management is when the disease is detected early.
Don’t shift what you have to do now till tomorrow! Challenges are better solved and resolved when confronted early. Hear what Thomas Jefferson said: “Never put off for tomorrow what you can do today.” Leonardo da Vinci added this. “It is easier to resist at the beginning than at the end.” Be an early riser like your father Abraham (Genesis 19:27; 21:14).
I prophesy: You shall finish strong and delays/procrastination will have no place in your life/ministry in Jesus name!
PRAYER POINTS: Take any song of worship as led.
1. In your own words, pray about today’s word as led now.
2. I scatter every plan to DELAY or SLOW me down in Jesus name (pray it well).