To buttress his point, he said passports and driving licences were paid for and that Ghanaians everywhere should be captured through the various foreign missions.
He said as long as the exercise lasted, once people continued to give birth, it should generate revenue to sustain its operations.
Mr Akpaloo commended the government for releasing funds for the exercise and urged the NIA to draw lessons from the execution of the previous exercise to ensure its success and value for money.
Mr Akpaloo also congratulated the NIA for making the card a unique personal identification life-time document.
He said such an identification card could be used in business transactions such as the acquisition of driving licence, passport, voters identification card, employment and social security number.
Speaking to the Daily Graphic in an interview, Mr Akpaloo said initially when the system was introduced in 2004, the NIA seemed to have concentrated its focus on the mere issuance of a card without thinking through its benefits to national planning.
He explained that the card should provide a unique number that citizens would be identified with throughout their life, adding that the card should be used for public transactions.
The LPG leader said the personal data and the number of the card could serve for easy identification of the bearer, just like the tax and social security numbers.
Mr Akpaloo further explained that the data could also help in proper planning because it could inform planners of the population characteristics in terms of age groups, as well as planning for the needs of the people and job creation.
He cited the United States and the Republic of Ireland as examples of countries where the system had been in existence and had provided reliable personal public database.