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FG Bans Cash Payments For Its Services

Ijeoma by Ijeoma
December 9, 2025
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FG Bans Cash Payments For Its Services
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The Federal Government has announced that it will fully discontinue cash payments for all its services starting January 1, 2026, as part of a nationwide transition to a cashless revenue-collection system.

According to a document released by the Federal Ministry of Finance in Abuja, the government will introduce a mandatory Federal Treasury e-Receipt (FTeR) and complete the rollout of the Revenue Optimisation (RevOp) Platform, a unified digital system for tracking, reconciling, and managing federal revenue.

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The statement noted that from January 1, 2026, the FTeR will serve as the only valid and legally recognised receipt for any transaction involving the Federal Government. It added that the policy represents a major overhaul in how citizens and businesses make payments for government services, as well as how ministries, departments, and agencies (MDAs) verify them.

The ministry said the move is expected to help the government significantly reduce revenue losses and recover funds previously considered unrecoverable. It further explained that the new system will put an end to unauthorised deductions, commissions, and charges that some MDAs currently impose through unapproved payment platforms.

Describing the initiative as a major step in Nigeria’s anti-corruption and public finance transparency agenda, the ministry noted that RevOp will support a wider economic reform strategy by eliminating cash handling, reducing human interference, strengthening audit processes, and enabling real-time digital monitoring.

According to the document, the RevOp system represents the most extensive upgrade to Nigeria’s digital public finance infrastructure in ten years, integrating platforms such as TSA, GIFMIS, CBN, NIBSS, FIRS, and all MDAs into a single digital environment.

Tags: cash paymentscashlessfederal government
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