• Wednesday, May 08, 2024
businessday logo

BusinessDay

SecureID Limited commissions local SIM Card manufacturing line

sim-cards

SecureID Limited, a pioneer in the manufacturing sector, has commissioned its SIM Card Manufacturing line for the Telecoms sector, the first of its kind in Africa. SecureID are also the only Polycarbonate SmartCard manufacturing plant in Sub-Saharan Africa providing services to the Banking sector, Public Sector, Private Sector and now Telecoms Sector.
This symbolic commissioning falls in line with President Muhammadu Buhari’s strategic mandate to diversify the nation’s economy by exploiting the vast potentials that lies untapped in the non-oil sector such as the manufacturing and the SIM Card line commissioning signals a major achievement in the domestication of strategic inputs in the nation’s telecommunications sector.
SecureID SIM Card Manufacturing Lines’ commissioning and its strategic location in Lagos, Nigeria portends great opportunities for Local Manufacturing such as vast export potential, significant curtailment of Foreign Exchange outflows, in addition to higher level job creation and in-country technology and know-how transfer.
Kofo Akinkugbe, Managing Director/CEO, SecureID Limited, while commenting on the commissioning, noted that “this
facility is the result of a bold vision and absolute confidence in the underlying strength and strategic importance of the Nigerian economy and resonates as a pivotal strategy for growth of the nation’s Telecoms industry especially in the area of Local manufacturing of SIM cards.”
The SecureID SIM manufacturing Line represents a source of national pride and will greatly help in the preservation of foreign exchange in the Telecoms sector (GSM) and provide proximate location for the numerous Telecoms companies in the country to locally source SIM Cards with exact high quality, global standards and competitive pricing.
Since inception in 2005, SecureID with great support from the Bank of Industry (BOI), has developed vast experience and deployed various digital solutions for the banking sector, public sector, Special ID projects and now, Telecoms. Its world class plant located in the heart of Lagos, is fully certified by the requisite global industry
organisations, including EMV, Payment Card Industry Data Security Standard (PCI DSS), ISO 9001:2008, underscoring our adherence to global standards.
SecureID is fully equipped and well positioned to provide and deliver smooth end-to-end card roll-out services and are currently Africa’s only Polycarbonate (PC) plastic smart card manufacturing plant and now the first SIM Card manufacturing plant in Africa. The plant currently has an installed capacity for producing 200 million cards per annum with scope for future expansions.
As Winners of the prestigious 2012 African Leadership Network’s Most Outstanding Mature Business in Africa, It is equally noteworthy to state that this remarkable feat, is in line with SecureID’s many other firsts and milestones which includes first to be certified in West Africa by VISA International and MasterCard for data preparation, card
milling and chip embedding in addition to card personalization services. SecureID produced the first multi-application card in Nigeria for the Federal Capital Development Authority (FCDA) card, completed the largest state of the art Smart Card manufacturing Plant in Sub-Saharan Africa with an annual capacity of 200 million cards.
SecureID Limited is proud to commission its SIM Card manufacturing Line for the Telecoms Industry in Nigeria and the Pan-African market, a truly historic feat.