Business

National ID project: Chams says it lost $100 million working with FG

Integrated identity management firm, Chams Plc, has said it incurred $100 million in debt through its involvement in the National Identity project, blaming it on the negligence of the Federal Government.


Based on this, the company said it would no longer work with the government and any government-owned entities.


The Chairman of the Chams Group, Ademola Aladekomo, disclosed this at the company’s ‘Facts Behind The Figures’ presentation at the Nigerian Exchange Limited on Thursday.