Nigeria TV Info 

FG Ends Cash Payments in MDAs, Implements PoS System for All Transactions

The Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to stop cash transactions and adopt Point of Sale (PoS) systems for payments. The move aims to improve transparency, reduce financial leakages, and enhance efficiency in public service operations. FG officials stated that this policy will streamline revenue collection and ensure accountability in all MDA financial dealings. Citizens and vendors are urged to comply with the new payment method immediately.

Keywords (250 characters):
 financial leakages, compliance, modernization, digital payments, fiscal policy