Remita not ditched, to be integrated into TMRAS – OAGF
The Office of the Accountant General of the Federation (OAGF) has clarified that the federal government has not ditched Remita as the Central Bank of Nigeria (CBN) approved payment gateway. The OAGF explained that Remita would rather be integrated into the Treasury Management and Revenue Assurance (TMRAS) alongside other eligible Payment Solution Service Providers (PSSPs) […]
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The Office of the Accountant General of the Federation (OAGF) has clarified that the federal government has not ditched Remita as the Central Bank of Nigeria (CBN) approved payment gateway.
The OAGF explained that Remita would rather be integrated into the Treasury Management and Revenue Assurance (TMRAS) alongside other eligible Payment Solution Service Providers (PSSPs) for government revenue collection and remittances to enhance liberalisation.
The Office of the Accountant of the Federation (OAGF) made this known in a statement by Bawa Mokwa
Director (Press and Public Relations) in Abuja, adding that the Treasury Management and Revenue Assurance System (TMRAS) went live on March 4, 2025.
According to the OAGF, “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 explained that, “Remita 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 Remita, 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 “Remita 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).