The Federal Government has prohibited the use of physical cash for the payment of all revenues and directed Ministries, Departments and Agencies (MDAs) to deploy Point of Sale (PoS) terminals and other approved electronic payment devices within 45 days.
The directive is contained in four Treasury circulars issued by the Office of the Accountant-General of the Federation (OAGF). According to the Accountant-General, Shamseldeen Ogunjimi, all payments to the Federal Government must now be made electronically through channels approved by the Treasury and fully integrated into the Treasury Single Account (TSA).
The circular on the enforcement of the “No Physical Cash Receipt Policy,” dated November 24, 2025, noted the government’s concern over the continued acceptance of cash at MDA revenue points despite existing rules on e-payment and TSA operations. It stressed that cash collection violates established policies and undermines the integrity of the government’s e-collection systems.
MDAs and Federal Government Owned Enterprises have been directed to immediately sensitise staff and the public, displaying notices such as “NO PHYSICAL CASH RECEIPT” and “NO CASH PAYMENT” at all relevant locations. Any MDA still collecting cash must deploy PoS terminals or other approved electronic alternatives within 45 days, while accounting officers will be held responsible for any breach.
A second circular, dated November 25, 2025, ordered the immediate cessation of unauthorised deductions made through customised revenue collection platforms. The Treasury observed that some MDAs were using front-end applications linked to Payment Solution Service Providers (PSSPs) to deduct charges and commissions before remitting balances to the TSA—an action described as a violation that has caused significant revenue leakages.
The circular mandated that all revenues be remitted directly to designated TSA or Sub-TSA accounts without deductions. Fees for service providers must now be paid directly from Treasury accounts. All existing portals and PSSPs must be regularised with the OAGF by December 31, 2025, while non-compliant MDAs risk losing access to the Government Integrated Financial Management Information System (GIFMIS) and their TSA accounts.
A third circular, issued on November 26, 2025, announced the adoption of a unified Federal Treasury e-Receipt (FTe-R), which will become the only valid proof of federal transactions starting January 1, 2026. The receipts will be issued through the Revenue Optimisation platform and delivered electronically.
The fourth circular, dated November 27, 2025, detailed guidelines for the rollout of the Revenue Optimisation (RevOP) platform—now the approved system for end-to-end revenue automation, billing, monitoring, and treasury visibility. The platform integrates with TSA, GIFMIS, the Central Bank of Nigeria, NIBSS, FIRS, and authorised banks.
MDAs are required to nominate three personnel as RevOP focal officers within seven working days and ensure integration of their financial systems with the new platform. Only PSSPs licensed by the Central Bank and cleared by NITDA and the OAGF will be permitted to operate. All MDAs must also submit details of all local and foreign currency accounts and comply within 60 days.
The new measures represent one of the most comprehensive reforms of federal revenue administration since the introduction of the Treasury Single Account ten years ago, aimed at tightening controls, improving fiscal transparency, and eliminating leakages across government revenue channels.