OAGF Reaffirms Remitta as CBN’s Approved Payment Gateway
The Office of the Accountant General of the Federation (OAGF), yesterday clarified that Remitta remains the Central Bank of Nigeria’s (CBN) approved payment gateway, adding that the federal government had not discarded the platform.
The clarification came same day President Bola Tinubu announced the appointment of Shamsedeen Babatunde Ogunjimi as the new Accountant General of the Federation after a rigorous selection process.
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 clarification came against the backdrop of a memo from the AGF informing government agencies of a new payment platform – Treasury Management & Revenue Assurance System which would come into force on March 4, 2025.
The platform seeks to streamline and manage federal revenue collections and payments across ministries, departments, and agencies, including those benefiting from donor funds, trust funds, social security funds, and special funds.
However, in a statement, Director Press and Public Relations, OAGF, Mr. Bawa Mokwa, the office noted that the TMRAS policy was developed in line with the directives of the Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to achieve effective treasury revenue assurance and improved budget performance of all MDAs and Federal Government Owned Enterprises (FGOEs).
According to the OAGF, “The 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, “Remitta is one of the secured channels of revenue payment, but there are many others. The 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 licenced by the CBN will be able to operate.”
To allay the fears of revenue payers and the general public, the OAGF further clarified 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 CBN licensed Payment Solution Services Providers (PSSPs).”
The OAGF, therefore, advised all revenue payers and the general public to continue using Remitta for all payments to the federal government.
