FG Bans Cash Payments for Its Services, Moves Entirely to Digital Receipts
The Federal Government of Nigeria (FG) has announced a sweeping shift to a fully cashless system for all payments related to its services, effective January 1, 2026.
Under the new rules, all payments must be made electronically, physical cash will no longer be accepted by any federal Ministry, Department or Agency (MDA).
To support this change, the government is launching a mandatory electronic-receipt system, the Federal Treasury eReceipt (FTeR), and will deploy a new unified revenue management infrastructure known as the Revenue Optimisation (RevOp) Platform.
All funds collected must now be credited directly into the official Treasury Single Account (TSA), with no deductions, commissions or third-party charges allowed at the point of collection.
The government says the move is aimed at eliminating revenue leakages, plugging corruption loopholes, strengthening audit trails and enforcing full accountability.
In its statement, the Office of the Accountant‑General of the Federation (OAGF) directed all MDAs and federal-owned enterprises to install approved electronic payment terminals, such as POS devices, within 45 days. Any agency failing to comply could face sanctions, including loss of access to government payment systems.
The government also noted that the FTeR, a centrally generated, digitally verifiable receipt, will become the only legally valid proof of payment for any federal service starting early next year.
This shift marks what officials describe as “the biggest consolidation of Nigeria’s digital public-finance infrastructure in a decade”, bringing previously independent systems such as TSA, GIFMIS, banking platforms and other revenue-collecting agencies into a single unified digital ecosystem under RevOp.