BY COBHAM NSA – Contrary to speculations in public domain, the Federal Government says Remitta as the Central Bank of Nigeria (CBN) approved payment gateway has not been jettisoned.
This clarification came Office of the Accountant General of the Federation (OAGF) which advised all revenue payers and the general public to continue using Remitta for their official
A statement signed by Bawa Mokwa, Director (Press and Public Relations), OAGF, explained that to enhance liberalisation, 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
It further said TMRAS will go live on March 4, 2025, adding that the 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 Ministries Departments and Agencies (MDAs) and Federal Government Owned Enterprises (FGOEs).
“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 OAGF said.
Offering more insight, the statement said; “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 payments service providers that are licensed by the CBN will be able to operate”.
Also, to allay the fears of revenue payers and the general public, the OAGF maintained that; “Remitta remains the only approved payment gateway for Federal Government payments and revenue collection for at least two month; 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.
