FG moves to deepen RevOp rollout as adoption hits 70% of MDAs

The Federal Government has intensified engagement with the banking sector in Abuja as it seeks to scale adoption of the Revenue Optimisation Assurance Platform (RevOp), a centralised digital system designed to streamline revenue collection, curb leakages, and strengthen transparency in public financial management.

Taiwo Oyedele, minister of finance and coordinating minister of the economy, said this at a sensitisation workshop for banking operators, noting that the platform remains central to ongoing reforms aimed at improving efficiency in government revenue mobilisation.

Oyedele, represented by Mohammed Danjuma, permanent secretary, Special Duties, said RevOp provides a real-time, centralised framework for federal agencies to raise, collect, and report revenues, replacing fragmented manual processes.

The initiative, driven by the Office of the Accountant General of the Federation, forms part of broader efforts to modernise Nigeria’s revenue administration architecture through digital monitoring and automated reporting.

According to him, while implementation has progressed, gaps remain in awareness among some banking channels and frontline officers, affecting service delivery and user experience.

“These challenges, though operational, have significant impact on customer experience and the effectiveness of the initiative,” he said.

He urged banks to deepen collaboration with government, noting that financial institutions remain critical to efficient revenue collection and standardised service delivery across the system.

The sensitisation workshop, he added, was designed to deepen understanding of RevOp, clarify operational procedures, and strengthen communication between stakeholders and financial institutions.

Also speaking, Oluwatoyin Madein, accountant general of the Federation, said RevOp has been adopted as a strategic platform for improving revenue collection, reconciliation, monitoring, and reporting across federal agencies.

Represented by Felix Ogundairo, her Chief of Staff, Madein said the platform enhances revenue visibility, reduces leakages, improves compliance, and supports real-time data-driven decision-making.

She said the engagement was aimed at addressing implementation challenges and strengthening inter-agency collaboration for effective deployment.

“This engagement provides an opportunity for us to discuss implementation challenges, align expectations, clarify operational issues, and strengthen the partnership necessary for the success of the application,” she said.

Adebayo Adewale, director of revenue and Investment at the OAGF,disclosed that over 70 per cent of federal government-owned entities have been onboarded onto the platform.

He explained that RevOp is designed to eliminate silos in revenue administration by integrating billing, payment, and reporting processes into a unified digital system.

“RevOp generates the bill and collects federal government revenue using existing licensed payment solution service providers and commercial banks nationwide,” he said.

RevOp Product Manager, Idris Dosunmu, said the system ensures end-to-end transparency by linking billing, payment, and settlement processes on a secure digital infrastructure.

He added that every transaction is traceable from bill generation to treasury receipt, ensuring full accountability in public revenue management.

“This will ensure that every kobo due to the federal government goes into the coffers of government,” he said.