The Federal Government is set to implement a full cashless policy for the collection of its revenues, effectively banning cash payments, beginning January 1, 2026.
This mandatory reform requires strict cashless collection and involves the introduction of a new mandatory e-receipt system and the full-scale rollout of the Revenue Optimisation Platform.
A document released today by the Federal Ministry of Finance in Abuja detailed that the RevOp—a unified digital ecosystem for monitoring, reconciling, and optimising government revenues—will be applied to all federal government agencies.
The Office of the Accountant General of the Federation has issued four circulars that introduce sweeping changes to the federal government’s revenue collection architecture. These circulars are part of a broader national strategy to modernise public finance, close revenue leakages, deter corruption, and strengthen Nigeria’s fiscal position through technology-driven reforms.
According to the document, “As from January 1, 2026, the Federal Treasury eReceipt will become the only valid and legally recognised receipt for all federal government transactions.”
The Ministry highlighted the profound impact of this change: “This is a major shift in how Nigerians pay for government services and how such payments are verified.” It further clarified the widespread impact, stating: ” It directly affects citizens, businesses, MDAs, financial institutions, and digital service providers.”
The circular on the Adoption and Mandatory Use of the Federal Treasury eReceipt specifies that starting January 1, 2026, “a centrally issued, fraud-proof digital receipt generated through the OAGF’s RevOp platform,” will be issued for every payment into government coffers. With this new policy, FTeR becomes the only valid proof of federal government payment, automatically generated and sent to payers via channels selected by each MDA to eliminate fake receipts and unverifiable paper-based acknowledgments.
The ministry expressed its expectation that the new policy will assist the government in making huge savings and recovering even revenue earlier considered lost. It stated: “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 described this development as “A critical milestone in Nigeria’s anti-corruption and fiscal transparency agenda.” RevOp is designed to “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.”
One of the circulars, “Enforcement of ‘No Physical Cash Receipt Policy’ and End to Unauthorised Deductions,” provides that all federal government revenue must now be collected without physical cash, eliminating cash-based fraud and manual leakages. MDAs must therefore cease using customised front-end applications on unapproved Payment Solution Service Provider platforms. It also directs that no deductions—whether fees, commissions, or charges—can be taken at the point of collection, and the gross amount collected from any payer must be remitted directly into the TSA, without exception.
The Ministry emphasized the significance of the RevOp platform, stating: ” It marks the biggest consolidation of Nigeria’s digital public finance infrastructure in a decade
“TSA, GIFMIS, CBN, NIBSS, FIRS, and MDAs will now speak to each other in a unified digital environment through RevOp,” the ministry added.
