The Federal Government has issued a new directive that, as of January 1, 2026, prohibits Ministries, Departments, and Agencies (MDAs) from using physical cash receipts for any revenue-related activities. Following the publication of four significant treasury circulars by the Office of the Accountant General of the Federation (OAGF), the federal government claims that the action is a component of a larger digital revamp of Nigeria’s public finance architecture. Ten seconds at 00:00/00:00 The circulars issued on Monday, which were signed by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, establish stringent cashless collection practices, a new required electronic receipt system, and the complete implementation of the Federal Government’s Revenue Optimization (RevOp) Platform.
About The Author
