Federal Government launches New Revenue Platform, says Remita will be integrated
Written by KUR on 05/03/2025
The Federal Government on Tuesday launched a new revenue platform, the Treasury Management and Revenue Assurance (TMRAS).
In a statement on Tuesday, the Office of the Accountant General of the Federation (OAGF) said despite the launch of the new payment platform, the Remita platform, known as the Central Bank of Nigeria (CBN) approved payment gateway, would still be operational.
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.
The Office said the TMRAS policy was developed in line with the directives of President Bola Tinubu and the Minister of Finance, Wale Edun, to achieve effective treasury revenue assurance and improved budget performance of all ministries, departments, and agencies.
To allay the fears of revenue payers and the general public, the OAGF clarified that Remita remained the only approved payment gateway for Federal Government payments and revenue collection for at least two months.