Nigeria Launches Federal Treasury Receipt (FTR) to Curb Leakages and Boost Fiscal Transparency

Tekedia | 24-10-2025 10:13am |

Nigeria has launched the Federal Treasury Receipt (FTR), a major digital reform initiative designed to plug revenue leakages, strengthen accountability, and improve transparency in public finance management. According to the Ministry of Finance, the system creates a single, standardized, and digitally verifiable proof of all payments made into federal accounts. It ensures that every government-issued

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