Federal Govt bans nationwide cash payments for its Services across all Agencies
Federal Govt bans nationwide cash payments for its Services across all Agencies
The Federal Government will enforce a fully cashless system for revenue collection from January 1, 2026, prohibiting all cash payments and introducing mandatory digital processes across its agencies.
According to a document issued by the Federal Ministry of Finance, the transition will be anchored on a compulsory e-receipt system (FTeR) and the nationwide deployment of the Revenue Optimisation Platform (RevOp), a unified digital ecosystem for tracking, reconciling, and managing government revenues.
The ministry stated that, “As from January 1, 2026, the Federal Treasury eReceipt (FTeR) will become the only valid and legally recognised receipt for all federal government transactions.”
It described the move as a major transformation in the payment and verification of government services, noting that “It directly affects citizens, businesses, MDAs, financial institutions, and digital service providers.”
The government expects the policy to boost savings and recover revenue previously lost to inefficiencies.
The document added that, “By outlawing unauthorised deductions, commissions, or charges taken before remittance to the TSA, the government expects to eliminate substantial leakages that currently occur within MDAs using unapproved PSSP platforms.”
The ministry further characterised the reform as “a critical milestone in Nigeria’s anti-corruption and fiscal transparency agenda.”
It said RevOp will, “operationalise the Minister’s broader economic strategy: reducing human discretion, eliminating cash handling, enforcing full audit trails, and using real-time digital insights to strengthen accountability.”
With the integration of systems such as TSA, GIFMIS, CBN, NIBSS, FIRS, and MDAs, the ministry noted that “TSA, GIFMIS, CBN, NIBSS, FIRS, and MDAs will now speak to each other in a unified digital environment through RevOp,” marking the most extensive consolidation of Nigeria’s public finance infrastructure in a decade.
