The Federal Government (FG) has announced a comprehensive digitisation programme aimed at transforming treasury operations, eliminating paper-based processes, and ensuring transparency across all Ministries, Departments, and Agencies (MDAs) starting January 2026.
Okay News reports that according to the Office of the Accountant General of the Federation (OAGF), the initiative will rely on four new circulars designed to modernise public finance, block revenue leakages, deter corruption, and enhance fiscal resilience through digital solutions.
The OAGF explained that the reforms introduce strict cashless revenue collection, a new mandatory e-receipt system (FTeR), and a full rollout of the Revenue Optimisation (RevOp) Platform, which will provide a unified digital ecosystem for monitoring, reconciling, and optimising government revenues. The Minister of Finance, Wale Edun, recently highlighted that billions of naira remained outside the Treasury Single Account (TSA) as recently as August 2025, underscoring the need for stricter digital enforcement.
A circular dated 24 November 2025, signed by Accountant-General Dr. Shamseldeen B. Ogunjimi, warned that physical cash collection at MDA transaction centres contravenes existing TSA and e-payment policies. The circular strictly prohibits cash transactions in any form for federal government revenues and orders all agencies to fully adopt electronic payment channels.
In a separate circular issued on 26 November 2025, the OAGF outlined the rollout of the Federal Treasury e-Receipt (FTeR) system, which will become the only legally recognised receipt for all federal government transactions beginning January 1, 2026. The agency emphasised that FTeR will replace all paper-based and manually issued receipts, ensuring proper verification of payments and accountability by MDAs, financial institutions, and digital service providers.
The digitisation reforms are expected to improve efficiency, enhance fiscal discipline, and strengthen revenue mobilisation. By eliminating manual processes and enforcing digital tracking through RevOp and FTeR, the FG aims to reduce opportunities for revenue diversion, under-reporting, and manipulation, ensuring that more government funds are accounted for and allocated to national priorities.
