Nigerians blast Buhari Govt over new rule for self certification in banks

Following a notice released by the Federal Government requesting Nigerians with bank accounts to do “self certification” on Thursday, Nigerians have blasted the Buhari led administration.

WITHIN NIGERIA had earlier reported that the Federal Government has announced that all account holders in Financial institutions such as Banks and Insurance companies are required to obtain complete and submit self certification forms to their respective financial institutions.

According to the notice which was released by the Federal Inland Revenue Service, 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.

Many angry Nigerians have shown their displeasure over the notice, accusing the Buhari led administration of incompetence and making life difficult for the common people.

Many wondered why government, which already has their data in various forms, in BVN, National ID Card, Voters Card and Drivers Licence, wants to subject them to stress, by queueing for ‘self certification at banks”.

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 (https://t.co/lv3VYV5wD4) for more details.

— Government of Nigeria (@NigeriaGov) September 17, 2020

What was all the stress for BVN, if you can’t connect needed information from BVN?
Duplicity is a sign of ineptitude, inefficiency, wastage(time and funds). Please fold shop, if you want to take us on merry-go-round again.#Enough of duplicity and wastage

— Helen Francis (@HellenaFr72) September 17, 2020

Do they even understand the number of years wasted in working hours when they set up these things? Like, does anyone even bother about Nigeria’s productivity when they raise these ISLAGIATT Ideas that repeatedly send Nigerians spending their lives queuing for the same things?

— JJ. Omojuwa (@Omojuwa) 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

It seems to me as if these people have lost the initial data we gave them , and indirectly asking us to repeat the whole process again

National ID | BVN https://t.co/eObXSfKMce

— Your BFF (@Banks039) September 17, 2020

Hello you have to see this, @WHO

See what the Nigeria government is doing, asking all bank account holders to go fill forms manually in the banks, when there is already a Bank Verification System in place!!! And this, in a PANDEMIC!!!!!!!

IS @NGRPresident AWARE???

— Dem 🇳🇬 (@CrowdedLagos) September 17, 2020

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