Niyi Toluwalope, managing director and chief executive officer of eTranzact Plc, has said Nigeria’s digital payment ecosystem has become a critical driver of economic growth, transparency and efficient public service delivery.
He stressed that the private sector must play a central role in building the country’s digital public infrastructure.
Toluwalope, represented by Abubakar Achimugu company’s Executive Director and Group Head, Public Sector Division, made the remarks at the Nigeria Employers’ Summit 2026 organised by the Nigeria Employers’ Consultative Association (NECA) in Abuja.
He said digital payments have evolved beyond simply facilitating financial transactions to becoming a strategic tool for strengthening governance, improving tax administration, enhancing revenue collection and reducing financial leakages across both public and private institutions.
According to him, countries around the world are investing heavily in Digital Public Infrastructure (DPI), describing it as the digital foundation that enables modern economies to function efficiently.
