OPay has dismissed reports circulating online that its offices in Lagos and Abuja were sealed by the Nigeria Revenue Service (NRS) over alleged tax violations, describing the claims as misleading.
In a statement issued by its management, the fintech company stated that its offices across the nation are operating normally, emphasizing its continuous service delivery to customers, partners, and merchants without any disruption.
The reports suggested that the company’s premises were shut over non- compliance with the Value Added Tax and Company Income Tax provisions as stipulated in the Nigeria Tax Act 2025.
However, OPay maintains that it adheres fully to all tax obligations and regulatory requirements throughout Nigeria and is committed to maintaining transparent communication with relevant governmental bodies.
According to the statement, the notice referenced in the reports resulted from a recent industry-wide directive by the NRS, which instructs payment platforms to clearly itemize certain statutory charges within their applications for enhanced reconciliation and transparency.
The firm clarified that this directive applies to various operators in the financial technology sector, not exclusively to OPay.
“The assertion that the notice implies tax non-payment is categorically incorrect and misleading,” the company stated.
OPay also expressed concern about what it sees as targeted scrutiny of the company in these reports, highlighting that the directive affects multiple industry players.
The company urged the public to disregard any claims indicating that it is shutting down or that its offices have been sealed.
In conclusion, the fintech has reaffirmed its dedication to bolstering Nigeria’s digital economy by providing secure, reliable, and inclusive financial services to millions of users nationwide.
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