Further Clarification on the enforcement of GIFMIS Revenue Reference Numbers

BANKING AND PAYMENTS SYSTEM DEPARTMENT BSPD/DIR/GEN/CIR/04/010 11th October 2017 CENTRAL BANK OF NIGERIA Central Business District P.M.B. 0187, Garki, Abuja.

+234 - 0946238445 TO: All Deposit Money Banks FURTHER CLARIFICATION ON THE ENFORCEMENT OF GIFMIS REVENUE REFERENCE NUMBERS Further to our circular referenced BSPD/DIR/GEN/CIR/04/009, dated 25th September 2017, requesting all Deposit Money Banks (DMBs), to enforce the mandatory use of the GIFMIS Revenue Reference Numbers (RRN), at the point of Revenue collection into the TSA, the following clarification is hereby provided to aid its smcoth implementation.

i.

That not all payments by revenue payers require the use of GIFMIS Revenue Reference Number, revenue collections that require the RRN will have a mandatory field for such on the Remita system ii.

That use of GIFMIS Revenue Reference Nurnber applies only to payments going into the Consolidated Revenue Fund (CRF) on behalf of Ministries, Departments and Agencies (MDAs) under the GIFMIS Platform iii.

For further enquiries, clarification and support; please contact Funds Department, Office of the Accountant General of the Federation.

Consequently, SystemSpecs Ltd has been directed to ensure that only MDAs whose names appear on the list provided by the OAGF are made mandatory on the Remita system for the use of GIFMIS Revenue Reference Numbers. Please, take note of the clarifications and ensure compliance, to avoid loss of revenue by the Federal Government.

Director, Banking and Payments System Department