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flag Nigeria bans cash payments for federal revenues, mandating electronic payments by Jan. 1, 2026.

flag Nigeria has banned all cash payments for federal revenues, requiring all government agencies to switch to electronic payments via approved devices within 45 days. flag The move, effective January 1, 2026, mandates direct electronic remittances to the Treasury Single Account, prohibits deductions before payment, and makes the new Federal Treasury e-Receipt the only valid proof of payment. flag Agencies must integrate with the RevOP platform, and only CBN-licensed, NITDA-recommended, and OAGF-approved service providers may operate. flag The reforms aim to eliminate revenue leakages, enhance transparency, and strengthen fiscal accountability.

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