eTranzact Backs Digital Public Infrastructure To Catalyse Economic Recovery

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

Speaking at the Nigeria Employers’ Summit 2026 in Abuja on Wednesday, Toluwalope, represented by the executive director and group head, Public Sector Division, Abubakar Achimugu, said digital payments have become 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 that while the government provides policy direction, the private sector builds, operates, and scales 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.

He added that the company aims to be both a champion of digital payment innovation and a trusted partner in turning public sector reforms into measurable economic outcomes.

Toluwalope also said digital payment innovation advances Environmental, Social and Governance (ESG) goals by promoting financial inclusion, strengthening governance and enabling businesses to operate more efficiently.

He reaffirmed eTranzact’s commitment to partner with government and the private sector to build trusted digital payment infrastructure that translates reforms into measurable results, stressing that “the future will not be shaped by the reforms we announce, but by the outcomes we deliver.”

Also speaking at the summit, Adedayo Adejokun, who leads eTranzact’s federal government Business Partnerships, said the company’s sponsorship of the event reflected its values and commitment to inclusive growth. She said sponsorship is “about putting our money where our mouth is” and reiterated that eTranzact’s role goes beyond facilitating payments to simplifying interactions between citizens, businesses and government.

She said the more government creates opportunities for private sector participation, the more opportunities are generated for businesses and individuals. The summit — attended by public and private sector stakeholders — also featured the launch of an ESG implementation guide for Micro, Small and Medium Enterprises in Nigeria.