2015-02-25 | BPS/CSO/CON/DIR/01/079

Commencement of Federal Government's Independent Revenue e-collection Scheme under the Treasury Single Account (TSA) Initiative

The letter from the Central Bank of Nigeria informs all Deposit Money Banks (DMBs) about the commencement of the Federal Government's Independent Revenue e-Collection Scheme under the Treasury Single Account (TSA) initiative. The scheme will automate revenue collections of Ministries, Departments, and Agencies (MDAs) directly into the Federal Government's Consolidated Revenue Fund (CRF) account at the Central Bank of Nigeria (CBN) through the Remita e-Collection platform and other electronic payment channels. All DMBs are enjoined to ensure full compliance with the scheme.

Nigeria

Central Bank of Nigeria

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