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DAILY BLAST
You are at:Home»Breaking News»BREAKING: FG apologizes for asking bank account holders to re-register
Breaking News

BREAKING: FG apologizes for asking bank account holders to re-register

DailyblastBy DailyblastSeptember 18, 2020012 Mins Read
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The Federal Government has apologised for asking all account holders in the country’s financial institutions to register their details again.

The government acknowledged it made a mistake in its earlier directive as regards the category of people expected to complete a self-certification form.

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Daily Blast recalls the federal government had on Thursday, 17th September 2020, had ordered all persons holding accounts across financial institutions and insurance firms to complete and submit Self-certification forms, adding that failure to comply may include a monetary penalty or inability to operate the account.

The directive caused outrage as Nigerians condemned the directive, highlighting that such information could be easily retrieved from Bank Verification Number (BVN) registration and other citizen data available to the government.

However, the FG has now acknowledged that it made a mistake on the category of people expected to fill the self-certification form.

In an update released on Friday morning via the government’s official Twitter handle, it apologized and noted that the Federal Inland Revenue Service (FIRS) will issue a clarification on the matter.

“We apologize for the misleading tweets (now deleted) that went up yesterday, regarding the completion of self-certification forms by Reportable Persons. The message contained in the @firsNigeria Notice does not apply to everybody. FIRS will issue appropriate clarification shortly.”

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