FG Introduces New Revenue Platform TMRAS, Says Remita Will Be Integrated

The Federal Government of Nigeria has introduced a new revenue management system called the Treasury Management and Revenue Assurance System (TMRAS).

In a statement on Tuesday, the Office of the Accountant General of the Federation (OAGF) assured that despite this new platform, Remita—the payment gateway approved by the Central Bank of Nigeria (CBN)—will continue to operate.

A statement signed by OAGF spokesperson, Bawa Mokwa, said Remita will be integrated into TMRAS alongside other certified Payment Solution Service Providers (PSSPs).

According to him, this move aims to open up government revenue collection and remittance to multiple payment options.

The OAGF explained that the introduction of TMRAS follows directives from President Bola Tinubu and Finance Minister Wale Edun.

The goal is to enhance transparency in managing government revenue while improving budget performance across ministries, departments, and agencies.

“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.

“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,” the office said,

To address concerns, the OAGF clarified that for at least the next two months, Remita will remain the sole approved payment gateway for government transactions.

However, plans are underway for the government to take full control of the front-end payment system and expand the platform to accommodate more CBN-licensed providers.

KanyiDaily recalls that the federal government recently gave civil servants until February 17 to verify their identities on the Integrated Payroll and Personnel Information System (IPPIS).