FG Introduces Treasury Portal to Complement Remita’s Role in

The Nigerian government has introduced the Treasury Management & Revenue Assurance System (TMRAS) to work alongside Remita, which has powered the Treasury Single Account (TSA) for nearly a decade. This move is not about replacing Remita but enhancing efficiency, diversifying revenue collection, and improving transparency in public finance management.

Despite previous efforts to introduce alternative systems, Remita has remained a key player due to its deep integration with government operations. TMRAS aims to complement, not replace, existing infrastructure, ensuring a more robust financial management ecosystem.