The Nigerian government on Friday called all financial institution operators to go and complete their account verification form in different financial institution institutions in the country.
This was made know by the Nigeria government via Twitter verified account stating how necessary it is for every citizen to adhere to the instructions given by the government for proper account verification.
Following the statement on twitter handle, it reads: persons holding account in different financial institution is required to complete and submit the form to each one of the instructions. The form are required by the relevant financial institution to carry out the due diligence procedures in line with the income tax regulations 2019
Failure to comply with the requirements to administers and exucute this form attracts sanction which may include monetary penalty or inability to operate the account. For more enquiry please visit @firsNigeria or website (firs.gov.ng). The tweet says.
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.— Government of Nigeria (@NigeriaGov) September 17, 2020
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— Government of Nigeria (@NigeriaGov) September 17, 2020
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