The Federal Inland Revenue Service has backpedalled on a directive instructing Nigerians to head to all Financial Institutions to submit Self-Certification Forms.
The directives generated a lot of backlash with several Nigerians making reference to the multiple ways the government collects data from its citizens
A public notice has been issued on the Twitter page of the FIRS, signed by the Executive Chairman, Muhammadu Nami apologizing for the misleading information.
The new circular now confirms that the Self-Certification forms will only apply to select individuals and not the general public.
The notice also clarifies that the self-certificate forms fall in to three major categories
Self-Certification Forms for Entity
Self-Certification Forms for Controlling Persons
Self-Certification Forms for Individuals
Failure to complete the requirements may result in monetary sanctions or denial of access to the said accounts.