The Federal Government has officially prohibited the use of physical cash for all revenue payments to Ministries, Departments, and Agencies (MDAs), mandating that Point of Sale (POS) terminals or other approved electronic payment systems be deployed within 45 days. The directive, part of four Treasury circulars issued by the Office of the Accountant-General of the … Continue reading FG Bans Cash Payments In MDAs, Orders Full Adoption Of POS Terminals