The Federal Government (FG) of Nigeria has released an official statement that from January 2020, millions of Nigerians without TIN may be denied access to their bank accounts as regards to the recent passage of Finance Bill as amended by the National Assembly.
TIN stands for Tax Identification Number. A Taxpayer Identification Number (TIN) is an identifying number used for tax purposes in Nigeria.
The assembly had amended sections 33, 49 & 58 of the Personal Income Tax Act, making it mandatory for individuals to produce their Tax Identification Numbers (TIN) before they can operate existing or new bank accounts in Nigeria.
All Nigerians who do not have TIN will not be able to operate their bank accounts from January 2nd, 2020.
All interested/concerned individuals can verify whether they have TIN or not by visiting
Or
Joint Task Board (JTB)| Individual Tax Payer and Non-Individual Tax Payer
SEE ALSO- How to Benefit from FG GEEP Loan of up to 500,000 Naira
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If you have any question about TIN, we will be willing to answer them.
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