The Managing Director/Chief Executive Officer of eTranzact Plc, Mr Niyi Toluwalope, has reaffirmed the company’s commitment to supporting Nigeria’s economic growth through innovative digital payment and technology solutions.
Toluwalope, represented by the Executive Director and Group Head, Public Sector Division, Mr Abubakar Achimugu, made the commitment at the Nigeria Employers’ Summit 2026, organised by the Nigeria Employers’ Consultative Association (NECA) on Wednesday in Abuja.
He said digital payments had evolved beyond facilitating financial transactions to becoming a critical component of national economic development.
According to him, governments across the world are investing in Digital Public Infrastructure (DPI), which provides the digital foundation for efficient and modern economies.
He explained that DPI is built on three interconnected pillars of digital identity, trusted data exchange and digital payments.
Toluwalope noted that Nigeria currently has more than 100 million National Identity Number (NIN) holders and over 60 million enrolled Bank Verification Numbers (BVNs).
“While government provides the policy rails, it is the private sector that builds, operates and scales this 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.
The eTranzact boss said the company’s digital solutions were helping government institutions and private businesses improve operational efficiency and service delivery.
He said the firm’s offerings, including its e-invoicing solution, pension gateway, electronic verification management system and central billing systems, were designed to support digital transformation across the public and private sectors.
According to him, the platforms enable organisations, including NECA members, to improve operations through secure and efficient digital solutions.
He added that the company’s innovations positioned it as a trusted financial technology partner capable of translating public sector reforms into measurable economic outcomes.
Toluwalope also said digital payment innovation contributed to Environmental, Social and Governance (ESG) goals by promoting financial inclusion, strengthening governance and enhancing business efficiency.
He reaffirmed the company’s readiness to collaborate with government and the private sector in building trusted digital payment infrastructure.
“The future will not be shaped by the reforms we announce, but by the outcomes we deliver,” he said.
Also speaking, Mrs Adedayo Adejokun, who leads eTranzact’s Federal Government Business Partnerships, said the company’s sponsorship of the summit reflected its commitment to inclusive economic growth and ESG principles.
According to her, eTranzact’s role extends beyond payment processing to simplifying interactions among citizens, businesses and government through seamless digital solutions.
She said increased opportunities for private sector participation would stimulate business growth and create more opportunities for individuals.
The summit attracted participants from the public and private sectors, with the launch of the ESG Implementation Guide for Micro, Small and Medium Enterprises (MSMEs) in Nigeria as one of its highlights.
