With over 100 million National Identity Numbers (NIN) and more than 60 million Bank Verification Numbers (BVN), Managing Director/Chief Executive Officer (CEO/MD) of eTranzact Plc, Mr. Niyi Toluwalope, has expressed the company’s willingness to support Nigeria’s economic growth through digital payment and technology solutions.

Toluwalope, who was represented by the Executive Director and Group Head, Public Sector Division, Mr. Abubakar Achimugu, said this at the Nigeria Employers’ Summit 2026 organised by the Nigeria Employers Consultative Association (NECA) in Abuja.

He said that digital payments have evolved beyond simply moving money to becoming an important part of the economy by improving transparency, strengthening revenue collection, enhancing tax administration and supporting better public service delivery.

“Around the world, governments are investing in Digital Public Infrastructure (DPI), the digital foundation that enables modern economies to function efficiently.

“DPI is built on three interconnected pillars: Digital Identity, Trusted Data Exchange and Digital Payments. Nigeria currently has over 100 million National Identity Numbers (NIN) and more than 60 million Bank Verification Numbers (BVN) enrolled.” He stated

In a statement, while government provides the policy rails, it is the private sector that builds, operates and scales the infrastructure.

“Every digital payment creates a trusted record. Every trusted record strengthens accountability. Every accountable transaction reduces leakages. Every reduction in leakages increases confidence in government, institutions and the economy, and that is where eTranzact comes in,” he said.

Highlighting the company’s role in supporting national development, Toluwalope said eTranzact’s digital solutions are helping both government institutions and private businesses improve efficiency and service delivery.

“At eTranzact, we believe technology creates value only when it advances national priorities. That belief guides every solution we build. This is evident not only in the work we are doing to support Federal and State Government revenue collections, but also in the innovative digital solutions we have successfully deployed across both the public and private sectors. From our e-Invoicing Solution, Pension Gateway, Electronic Verification Management System (EVMS) and Central Billing Systems to our other digital transformation solutions, we continue to help institutions improve efficiency, strengthen transparency and enhance service delivery.

“Our platforms are designed to support organisations, including members of NECA, by helping them improve their operations through secure and efficient digital solutions.

“These solutions position eTranzact not only as a champion of digital payment innovation, but also as a trusted partner in translating public sector reforms into measurable economic outcomes, making us the preferred financial technology partner for both the public and private sectors,” he said.

According to him, digital payment innovation also advances Environmental, Social and Governance (ESG) goals by promoting financial inclusion, strengthening governance and enabling businesses to operate more efficiently.Toluwalope reaffirmed eTranzact’s commitment to partnering with government and the private sector to build trusted digital payment infrastructure capable of translating reforms into measurable economic outcomes.

“The future will not be shaped by the reforms we announce, but by the outcomes we deliver,” he said.

In his remarks, Adedayo Adejokun, who leads eTranzact’s Federal Government Business Partnerships, also reiterated the organisation’s commitment to supporting government reforms and inclusive economic growth, describing its sponsorship of the summit as a reflection of its values.

“We’re here today because we’re one of the sponsors of this summit. For us, sponsorship is about putting our money where our mouth is. We strongly believe in ESG principles and in driving inclusiveness.

“Our role as a financial technology solutions company goes beyond facilitating payments. We simplify interactions between citizens, businesses, and government by making these processes more seamless and efficient.

“The more government creates opportunities for private sector participation, the more opportunities are generated for businesses and individuals alike,” she added. (Daily Sun)

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