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Watch Nigeria > Blog > Business & Economy > AMAC Extends Single Income Account Rollout Over Technical Upgrades
Business & Economy

AMAC Extends Single Income Account Rollout Over Technical Upgrades

Last updated: January 14, 2026 8:06 pm
Terfa Ukende
7 hours ago
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AMAC Extends Single Income Account Rollout Over Technical Upgrades
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By Philomina Attah
The Abuja Municipal Space Council (AMAC) has prolonged full implementation of its Single Income Account Coverage to permit completion of crucial technical upgrades.

AMAC Chairman, Mr Christopher Maikalangu, confirmed the choice in an announcement on Wednesday in Abuja, saying the extension follows the coverage’s preliminary rollout for the 2026 fiscal yr

Maikalangu stated the extension was a proactive step to guard taxpayers from system errors or doable double-billing throughout integration.

“The measure is to make sure a seamless transition and safeguard residents whereas the system is being stabilised,” Maikalangu stated.

He stated the council is migrating to a unified digital cost platform to curb income leakages and get rid of handbook money dealing with.

He cited “technical glitches” in synchronising the AMAC Good Tax portal with business banks and the central treasury system.

“Enterprise house owners ought to word that present official cost channels stay legitimate till the brand new system is totally licensed,” Maikalangu stated.

He urged taxpayers to confirm all demand notices, stressing that solely notices bearing verified 2026 AMAC digital headers must be honoured.

“A brand new go-live date for obligatory single account utilization shall be introduced after the technical audit,” he added.

Despite the delay, Maikalangu reaffirmed the ban on unauthorised income assortment.

“The delay is technical, not administrative. The ban on money funds to people stays,” he stated.

He warned residents towards impostors posing as technical consultants to solicit personal funds.

The Information Company of Nigeria (NAN) studies that the coverage underpins the 2026 funds, which allocates 80 per cent of capital spending to rural infrastructure.

NAN additionally studies that automation is predicted to spice up inner income by blocking loopholes that beforehand diverted public funds. (NAN) (www.nannews.ng)

Edited by Kamal Tayo Oropo





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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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