Recently, the Federal Government of Nigeria released an update requesting that all account holders in Nigeria obtain self-certification from their financial institutions.
The update reads thus “This is to notify the general public that all account holders in Financial Institutions (Banks, Insurance Companies, etc) are required to obtain, complete and submit Self – Certification Forms to their respective Financial Institutions.
“Persons holding accounts in different financial institutions is required to complete & submit the form to each one of the institutions. The forms are required by the relevant financial institutions to carry out due diligence procedures in line with the Income Tax Regulations 2019
“The self-certification form is in 3 categories: – Form for Entity – For Controlling Person (Individuals having controlling interest in a legal person, trustee, etc) – Form for individual
“Failure to comply with the requirement to administer or execute this form attracts sanctions which may include monetary penalty or inability to operate the account. For more enquiries visit @firsNigeria website (http://firs.gov.ng) for more details.”
Nigerians have however come in direct attack at the federal government for what appears like a deliberate attempt to frustrate Nigerians. Here are some of the tweets;
I have 6+ accounts, that means I will visit those 6 banks separately to do this trash. 3 of these banks are virtual.— Enyiuche (UncleSnr) (@Emperorneco) September 17, 2020
I did National ID since 2014, till date, I still see another person's name there, I don't have NIN.
See eh, nothing dey una brain, na just dust and vibes. https://t.co/uKjAzlFZZe
Local man suffered to do BVN.— Bam Bam (@wastedtwits) September 17, 2020
Got extorted to do National ID.
Got extorted to do International passport.
Suffered to get Voters card.
Suffered to do Drivers license.
All biometrics but still unknown in the country.
Call Bill Gates to come and put chip in my body please. https://t.co/R9UIBQU7ta
Small time they will ask us to go and bring the left finger of our dead grand mothers. Because after BVN, Drivers Licence, International Passport, Birth Certificate, SIM registration, National ID card, I don’t know what else they want.— Dr. Dípò Awójídé (@OgbeniDipo) September 17, 2020
Na you do National ID card, na you do SIM registration, you even did Bank Verification Number to align accounts but you are here again talking “Self-Certification. Even if you are confused about running government, can you at least pretend not to be confused?— JJ. Omojuwa (@Omojuwa) September 17, 2020