FG to Roll Out Cashless Payments, Tax Reforms in 2026
The Federal Government has outlined a series of major reforms scheduled to take effect in 2026, signaling significant changes in tax administration, digital governance, trade processes, and public finance management.
The initiatives are geared toward increasing transparency, strengthening revenue generation, and modernising government operations to improve how citizens and businesses engage with federal institutions. Below are the key policies expected to roll out next year:
Nigeria Revenue Service (NRS) Takes Over Tax Administration
Beginning January 1, 2026, the newly established Nigeria Revenue Service will replace the Federal Inland Revenue Service, introducing updated tax procedures for individuals and businesses.
Full Transition to Cashless Government Payments
From 2026, all federal payments—including for passports, licences, and regulatory services—must be made digitally, as cash transactions will be discontinued. The move aims to curb leakages and strengthen accountability across government services.
National Single Window (NSW) for Customs and Trade
The NSW platform is expected to become fully operational in the first quarter of 2026. It is designed to simplify Customs and trade processes, cut down bureaucratic delays, and facilitate smoother import and export activities.
Digital Public Infrastructure & Nigerian Data Exchange Launch
Set for rollout early in the year, the DPI and NGDX platforms will improve data sharing among government agencies and enhance the delivery of digital public services.
2026 Budget Shift: Focus on Completing Existing Projects
The government has directed that 70% of the 2025 capital budget be carried into 2026, limiting new project approvals. This approach prioritises the completion of ongoing initiatives in security, infrastructure, and social services amid revenue pressures.
Revenue Optimisation Platform (RevOp)
The new RevOp system will unify revenue collection and monitoring across all MDAs. Integrated with the TSA and other financial systems, it is designed to tighten oversight and prevent revenue losses.
Overall, these measures mark one of the most extensive governance and financial reforms Nigeria has undertaken in recent years, with full implementation scheduled to begin in 2026.
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