
The Federal Government on Tuesday, March 4, 2025, launched a new revenue platform, the Treasury Management and Revenue Assurance (TMRAS).
This is even as the government disclosed that the Remita platform, known as the Central Bank of Nigeria (CBN) approved payment gateway, would still be operational and will be integrated into the new platform.
This development was announced in a statement on Tuesday, March 4, 2025, by the Office of the Accountant General of the Federation (OAGF).
The statement signed by a spokesperson for the OAGF, Bawa Mokwa, said that Remita would be integrated into the TMRAS alongside other eligible Payment Solution Service Providers (PSSPs) for government revenue collection and remittances to enhance liberalisation.
This initiative aims to enhance government revenue collection, remittances, and promote a more liberalized payment system.
The Office said the TMRAS policy was developed in line with the directives of the President 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 MDAs and FGOEs.
According to the OAGF, “The Treasury Management and Revenue Assurance (TMRAS) is designed to coordinate, streamline and manage the 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.
“Remitta is one of the secured channels of revenue payment, but there are many others. The Treasury Management and Revenue Assurance (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.”
To allay the fears of revenue payers and the general public, the OAGF clarified that “Remitta remains the only approved payment gateway for Federal Government payments and revenue collection for at least two months, but the government is working to take over the management of the front-end payment infrastructure and expand the collection system to accommodate other Central Bank of Nigeria (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.
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