A major new government directive will fully digitise Nigeria’s treasury operations, ending all cash transactions and enforcing strict transparency nationwide.
The Federal Government has unveiled a major digitisation programme that will overhaul treasury operations and eliminate paper-based processes starting January 2026. According to the Office of the Accountant General of the Federation (OAGF), four new circulars will enforce cashless payments, mandatory e-receipts, and full use of the Revenue Optimisation (RevOp) Platform across all Ministries, Departments, and Agencies (MDAs).
From November 2025, MDAs are banned from accepting physical cash for any federal revenue. Beginning January 1, 2026, the Federal Treasury e-Receipt (FTeR) becomes the only legally valid receipt for government transactions, replacing all manual and paper receipts.
The OAGF says these reforms will block leakages, reduce corruption, improve fiscal discipline, and ensure real-time digital monitoring of government revenue. By eliminating cash handling and enforcing audit trails, Nigeria aims to boost efficiency and strengthen its shift toward a fully digital public finance system.
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