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Federal Govt Bans Cash Receipts In Ministries, Departments, Agencies To Curb Revenue Leakages

The federal government has introduced sweeping reforms to strengthen transparency and block leakages in its revenue collection system, directing all Ministries, Departments and Agencies (MDAs) to end the use of physical cash receipts and adopt a unified digital payment and e-receipt framework from January 1, 2026.

 

The measures, announced through four new circulars issued by the Office of the Accountant-General of the Federation (OAGF) under the supervision of the minister of finance and coordinating minister of the economy, Wale Edun, mark one of the most ambitious upgrades to Nigeria’s public finance architecture since the rollout of the Treasury Single Account (TSA).

 

The circulars introduce a mandatory cashless payment policy, the adoption of the Federal Treasury eReceipt (FTeR), and the full-scale implementation of the Revenue Optimisation (RevOp) Platform—an integrated digital infrastructure designed to monitor, reconcile, and optimise government revenues in real time.

 

According to the OAGF, the reforms are central to the government’s wider fiscal strategy aimed at reducing human discretion in revenue administration, curbing corruption, eliminating unauthorised deductions, and ensuring a transparent end-to-end digital trail for all federal payments.

 

Under the new directives, MDAs are prohibited from issuing or accepting physical cash receipts for any government transaction. All payments to the federal government must now be done electronically, a move the government said will eliminate cash-based fraud, manual leakages, and fragmented collection processes.

 

The circulars further mandate MDAs to discontinue the use of customised applications deployed on unapproved Payment Solution Service Providers (PSSPs). In addition, no deductions—whether termed fees, commissions, or charges—are allowed at the point of collection. Instead, the gross amount collected from any payer must be remitted directly into the TSA without exception.

 

 

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