In a sweeping attempt to plug long-standing gaps in public revenue management, the Federal Government of Nigeria has rolled out the Federal Treasury Receipt (FTR), a digital verification system designed to ensure every naira collected on behalf of the government is properly accounted. In a sweeping attempt to plug long-standing gaps in public revenue management, the Federal Government of Nigeria has rolled out the Federal Treasury Receipt (FTR), a digital verification system designed to ensure every naira collected on behalf of the government is properly accounted. The Federal Government has launched the Federal Treasury Receipt (FTR), a major digital reform aimed at curbing revenue leakages and improving fiscal transparency. Launched by the Ministry of Finance, the FTR introduces a single, standardised. To boost revenue and ensure transparent collection, the Federal Government of Nigeria has launched the Federal Treasury Receipt (FTR).
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