The Federal Government has not discarded Remitta as the payment gateway approved by the Central Bank of Nigeria (CBN), the Office of the Accountant General of the Federation (OAGF) has clarified.
The OAGF explained that Remitta would rather be integrated into the Treasury Management and Revenue Assurance System (TMRAS) alongside other eligible Payment Solution Service Providers (PSSPs) for government revenue collection and remittances to enhance liberalisation.
The OAGF who said in a statement in Abuja that the TMRAS was a policy developed in line with the directives of both President Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to achieve effective treasury revenue assurance and improved budget performance of all Ministries, Departments and Agencies (MDAs) along with other Federal Government owned entities, confirmed it would go live on Tuesday, March 4, 2025.
“The Treasury Management and Revenue Assurance (TMRAS) is designed to coordinate, streamline and manage Federal Government’s revenue collections and payments for all Ministries, Departments and Agencies (MDAs). It will guarantee the liberalisation of government revenue payment processes, enhance revenue collections and would aid efficient, timely analysis of the information regarding such transactions,” the statement said.
The OAGF explained that Remitta was only one of the secured channels of revenue payment among many others.
“The TMRAS will now allow these other secure payment platforms to connect. So, it will not be only Remitta, but all the other payment service providers that are licensed by the CBN will be able to operate”, the statement added.
To allay the fears of revenue payers and the general public, the OAGF clarified that Remitta remained the only approved payment gateway for Federal Government payments and revenue collection for at least two month, although the government was working to take over the management of the front-end payment infrastructure and expand the collection system to accommodate other CBN-licensed Payment Solution Services Providers (PSSPs).
The OAGF advised all revenue payers and the general public to continue using Remitta and/or visit www.fgntreasury.gov.ng for all payments to the Federal Government.
