Cashless payments, tax reforms, other FG policies kick off in 2026

The Federal Government has announced that several major reforms and directives will officially roll out in 2026, marking a substantial shift in governance, revenue collection, and public service delivery.

Designed to enhance transparency, increase revenue, and modernise government operations, the new measures are expected to transform how citizens and businesses engage with federal institutions.

Below are some of the key policies scheduled to take effect next year:

Nigeria Revenue Service (NRS) Tax Reforms

The government has overhauled the nation’s tax system, replacing the Federal Inland Revenue Service (FIRS) with the Nigeria Revenue Service (NRS).
The new tax regime becomes effective on January 1, 2026, and both individuals and companies will be required to comply with revised tax administration procedures.

Digital-Only Public Services & Cashless Federal Payments

From 2026, all federal revenue payments must be made electronically.
Cash will no longer be accepted for services such as passports, licences, and regulatory fees.
This shift aims to strengthen transparency and curb leakages by fully digitising public service payments.

National Single Window (NSW) for Trade and Customs

The Federal Government has directed the NSW Steering Committee to ensure the platform becomes fully operational in the first quarter of 2026.
The NSW system is expected to simplify trade and Customs processes, reduce red tape, and make import and export activities more efficient.

Digital Public Infrastructure (DPI) & Nigerian Data Exchange (NGDX)

Set for rollout in early 2026, these platforms will support e-governance, enable secure data-sharing across government agencies, and enhance service delivery for citizens and businesses.

Budget Rollover: Prioritising Ongoing Projects

For the 2026 budget cycle, the government has ordered that 70% of the 2025 capital budget be carried over.
This approach limits the introduction of new major projects and focuses available resources on completing ongoing initiatives in security, infrastructure, and social services—reflecting prudent spending amid tight revenue conditions.

Revenue Optimisation Platform (RevOp)

RevOp will centralise revenue collection, reconciliation, and monitoring across all MDAs.
Integrated with the Treasury Single Account, financial management systems, and partner banks, the platform is designed to block leakages and improve transparency in federal revenue operations.