The Federal Government will completely digitalize all revenue collection processes across Ministries, Departments, and Agencies effective January 1, 2026, in a major reform aimed at plugging revenue leakages.

The Office of the Accountant General of the Federation has directed all government agencies to stop accepting physical cash payments, mandating electronic transactions only.

Starting in the new year, the Federal Treasury e-Receipt (FTeR) will serve as the sole valid proof of payment for all federal services. This digital receipt will be automatically issued through the Revenue Optimisation Platform, which unifies the Treasury Single Account, GIFMIS, CBN, NIBSS, and FIRS into a single integrated system.

All MDAs must install Point of Sale terminals within 45 days and remit collected funds in full to the Treasury Single Account without deductions. Direct deductions for commissions or fees have been banned. However, existing payment portals must be regularized by December 31, 2025 and Non-compliant agencies will have their access to GIFMIS and TSA Sub-accounts disabled.

Finance Minister Wale Edun, described the reforms as among the most significant developments in government revenue management, with the government expecting to recover billions of Naira lost annually to leakages and fraud.

The digitalization effort is a key element of broader fiscal reforms designed to increase revenue, improve accountability, and minimize corruption by leveraging technology for greater transparency.