eTranzact seeks digital infrastructure to boost reforms

The managing director and chief executive officer of eTranzact Plc, Niyi Toluwalope, has stated that the company supports Digital Public Infrastructure (DPI) as a key tool to help Nigeria’s economic reforms.

Speaking at the Nigeria Employers’ Summit 2026 in Abuja on Wednesday, Toluwalope, who was represented at the summit by the executive director and group head, Public Sector Division, Abubakar Achimugu, said digital payments have grown into an important part of the economy.

He said they improve transparency, strengthen revenue collection and enhance tax administration, which in turn support better public service delivery.

He said governments around the world are investing in DPI, which he described as the digital foundation that allows modern economies to function efficiently. He said DPI rests on three pillars—Digital Identity, Trusted Data Exchange and Digital Payments—and noted that Nigeria already has “over 100 million National Identity Numbers and more than 60 million Bank Verification Numbers enrolled.”

Toluwalope said while the government provides policy direction, the private sector builds, operates and scales the infrastructure. He said every digital payment creates a trusted record, and every trusted record strengthens accountability. He added that increased accountability reduces leakages and that reducing leakages “increases confidence in government, institutions and the economy,” which is where eTranzact contributes.

He said eTranzact’s digital solutions are helping government institutions and private businesses to improve efficiency and service delivery. He said the company believes technology creates value only when it advances national priorities and that belief guides the solutions it builds.

Toluwalope listed examples of eTranzact’s work, saying the firm has deployed an e‑Invoicing Solution, Pension Gateway, Electronic Verification Management System (EVMS) and Central Billing Systems.

He said these platforms help institutions improve efficiency, strengthen transparency and enhance service delivery.

He said eTranzact’s platforms are designed to support organisations, including NECA members, by providing secure and efficient digital solutions.

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