MoMo PSB has teamed up with Leadership Strategy Sustainability Business Innovation (LSSBI) Advisory to advance financial inclusion and streamline tax payments in Ekiti, Nasarawa, and Rivers states. This partnership introduces MoMo as the official payment platform, enabling taxpayers to conveniently make payments using the USSD code *5229#.
The collaboration is set to improve tax compliance, foster revenue growth, and support financial autonomy for underserved communities. By closing financial gaps and driving economic progress, this initiative underscores the importance of accessible financial services.
MoMo PSB’s launch of the USSD code *5229# exemplifies its commitment to expanding digital payments and financial inclusion. The platform aims to serve the unbanked and underbanked populations across Nigeria with user-friendly and accessible services.
Officials in Ekiti State praised the new payment system for its convenience and potential to enhance tax compliance, benefiting local communities. This initiative is part of a larger effort to empower citizens, encourage savings, and promote responsible money management.
With the rollout starting in Ekiti, Rivers, and Nasarawa, MoMo PSB and LSSBI Advisory plan to extend this initiative nationwide. They encourage other states and private sector partners to adopt similar technology-driven solutions to enhance financial services access.
Established in May 2022 as MTN’s fintech division, MoMo PSB remains dedicated to providing accessible, affordable, and user-friendly financial services to customers across Nigeria.
