The Federal Government has prohibited the use of physical cash for all revenue payments and directed Ministries, Departments and Agencies to install Point of Sale terminals within 45 days.
The directive is contained in four Treasury circulars issued by the Office of the Accountant-General of the Federation and obtained on Monday.
According to the circulars signed by the Accountant-General, Shamseldeen Ogunjimi, all payments to the Federal Government must now be made electronically through channels approved by the Treasury and integrated into the Treasury Single Account.
“In view of the above, it is hereby directed that collections and/or acceptance of physical cash for all revenues due to the Federal Government is strictly prohibited,” one of the circulars read.
The document, dated November 24, 2025, warned that the continued collection of cash at MDA revenue points violates existing financial regulations and weakens the government’s e-payment systems.
It directed MDAs and Federal Government-owned enterprises to immediately sensitise staff and display “NO PHYSICAL CASH PAYMENT” notices at collection points.
MDAs currently receiving cash have 45 days to deploy POS terminals or other approved electronic devices.
A second circular, dated November 25, ordered an immediate halt to direct deductions made from revenues collected through customised platforms.
The Treasury said it observed that some MDAs were using payment solutions that allowed fees and commissions to be deducted before remitting funds to the TSA.
It described the practice as unauthorised and said it had caused “significant revenue leakages.” It directed that all revenues be remitted to TSA accounts without deductions, while service fees would now be paid directly from Treasury accounts.
All MDAs using private payment portals or PSSPs were given until December 31, 2025, to regularise their systems with the Accountant-General’s office.
Defaulters risk losing access to the TSA and the Government Integrated Financial Management Information System.
A third circular, dated November 26, introduced a unified electronic receipt system known as the Federal Treasury e-Receipt, which becomes effective January 1, 2026.
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The receipt will be issued through the Revenue Optimisation platform and will serve as the only valid proof of payment for all federal transactions.
The fourth circular, issued on November 27, announced the rollout of the Revenue Optimisation platform to automate billing, monitoring and reconciliation of government revenue.
MDAs were directed to nominate three officers as focal persons and submit details of all their accounts within 60 days.
Only Central Bank-licensed and OAGF-approved payment service providers will be allowed to operate on the system.
The Accountant-General directed accounting officers, finance directors and internal auditors to ensure strict compliance with the new rules.