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FG Bans Use Of Cash For Revenue Payment, Issues New Directive

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The federal government of Nigeria has ordered all Ministries, Departments and Agencies (MDAs) to stop collecting cash from the public for all revenue transactions.

The government also ordered the deployment of Point of Sale (POS) terminals and other approved electronic payment systems within 45 days.

Naijaonpoint reports that the fresh directive was contained in four treasury circulars issued by the Office of the Accountant-General of the Federation (OAGF).

According to the Accountant-General of the Federation, Shamseldeen Ogunjimi, all payments to the Federal Government must now be made electronically and processed through channels approved by the Treasury and fully integrated into the Treasury Single Account (TSA).

“It is hereby directed that collections and/or acceptance of physical cash (in naira or other currencies) for all revenues due to the Federal Government is strictly prohibited,” one of the circulars stated. “All revenue collections must be made via electronic processing,” the Accountant General ordered.

The first circular, titled “Enforcement of No Physical Cash Receipt Policy for All Federal Government Revenue Transactions” and dated November 24, 2025, expressed concern over the continued use of cash at MDA revenue points despite existing TSA and e-payment policies. It warned that the practice undermines the integrity of government financial systems.

It ordered all MDAs and government-owned enterprises to immediately sensitise staff and the public, and to display notices such as “NO PHYSICAL CASH RECEIPT” and “NO CASH PAYMENT” at their collection points.

Agencies currently receiving cash were given 45 days to install functional POS machines and other approved electronic devices. Accounting officers will be held liable for any violation.


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