The Federal Government has unveiled a new digitisation initiative that will overhaul treasury operations, eliminate paper-based workflows, and enforce full transparency across all Ministries, Departments and Agencies starting January 2026.

The update was announced on Monday by the Office of the Accountant General of the Federation.

The OAGF said the circulars are part of a broader national strategy to modernise public finance, block leakages, curb corruption, and strengthen Nigeria’s fiscal resilience through digital systems.

“The reforms introduce strict cashless collection, a new mandatory e-receipt system (FTeR) beginning January 1, 2026, and full-scale rollout of the Revenue Optimisation (RevOp) Platform—a unified digital ecosystem for monitoring, reconciling, and optimising government revenues,” it stated.

It was earlier reported that Finance Minister Wale Edun disclosed that billions of naira belonging to the Federal Government remained outside the Treasury Single Account as recently as August 2025.

In a circular dated 24 November 2025 and signed by the Accountant-General of the Federation, Dr. Shamseldeen B. Ogunjimi, the government raised concerns over the continued acceptance of physical cash at MDA transaction centres despite existing TSA and e-payment directives.

“The Federal Government has observed with great concern, the continued physical cash collection of Government revenues at various transaction centres of Ministries, Department, and Agencies (MDAs). This action contravenes the provisions of e-payment policy, Treasury Single Account (TSA) policy and its Implementation Guidelines covered in extant circulars,” the circular stated.

In another circular dated 26 November 2025, the Accountant-General announced the launch of the Federal Treasury e-Receipt system, which will take effect on January 1, 2026.

According to the OAGF, the FTeR will become the sole valid and legally recognised receipt for all federal government transactions, replacing every paper-based or manually issued receipt.

The agency noted that the mandatory e-receipt represents a major shift in how citizens and businesses pay for government services, how payments are verified, and how MDAs record and report inflows.

“This is a major shift in how Nigerians pay for government services and how such payments are verified. It directly affects citizens, businesses, MDAs, financial institutions, and digital service providers,” the OAGF stated.