Starting from today, customers initiating Form A in Nigeria are required to submit valid tax clearance certificates (TCCs) for the past three years. This requirement is in line with a directive from the Central Bank of Nigeria (CBN). Most banks had already communicated this new requirement to their customers. The TCC serves as evidence that customers have fulfilled their tax obligations and comply with the relevant tax laws. The banks acknowledge the inconvenience this may cause but emphasize that the regulation is mandatory to maintain the integrity of the financial system. Some analysts have taken to social media to urge state tax offices not to exploit this directive for personal gain by turning tax clearance into a profit-making venture.