The Federal Government has ordered all account holders in the country’s financial institutions to register their details again.
The order was given despite the possession of the Bank Verification Number and the National Identification Number by account holders.
This new order was disclosed by the government on its Twitter account, @NigeriaGov, on Thursday.
It said, “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 are required to complete and 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 three 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.”
Lagos, Kaduna leads as Nigeria records 131 new cases of the COVID-19
The Nigeria Center for Disease Control (NCDC), disclosed on Thursday that 131 news Covid 19 cases has been recorded. Out of the new case, Lagos recorded 45, Kaduna and Plateau 17, while the FCT recorded 16.
Other affected states were Delta and Niger with six each, Kwara with five, Oyo with three, Akwa Ibom, Cross River, Ekiti, Enugu, Osun, and Sokoto with two each, while Bauchi, Ebonyi, Katsina and Rivers have one each.
The new cases now bring the total infections in the country to 56,735. 48,092 have recovered and have been discharged from various isolation centers, while 1,093 have unfortunately lost their lives.