All Ministries, Departments and Agencies that are yet to comply with
the Central Bank of Nigeria’s directive of the Nigerian Uniform Bank
Account Number policy have been directed to do so immediately.
The Accountant-General of the Federation, Jonah Otunla, who gave the
directive on Friday in Abuja, advised the affected MDAs to update the
bank details of their staff to avoid unnecessary delays in the payment
of their salaries.
This directive was contained in a press statement signed by the Deputy
Director, AGF’s Office, Charles Nwodo, which was made available to the
News Agency of Nigeria on Thursday in Abuja.
Otunla said: “Failure to comply may result in some delay in the
payment of salaries, henceforth.
“However, if any staff experiences any delay in the payment of his or
her salary, he or she should confirm that the banking details have
been accordingly updated and forwarded to IPPIS.”
NAN recalls that the CBN released the guidelines on the NUBAN scheme
in August 2010, to achieve uniform numbering structure among all money
deposited in banks in Nigeria within nine months.
NUBAN, according to the CBN, “has great potentials to resolve the
observed problems with electronic payments in Nigeria, as many of them
are related to specification of wrong beneficiary account numbers”.
The initial deadline was June 1, 2011.
This was extended by the CBN to June 1, 2012, at the expiration of
which it was further extended to July 1, 2013.
Consequently, NUBAN became fully operational on July 1, 2013 and all
banks were expected to have had the policy fully operational.
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