On Tuesday, April 29, 2025, the Federal Inland Revenue Service (FIRS) officially inaugurated its E-Invoicing Committee at its Headquarters in Abuja, marking a significant milestone in the country’s tax administration reforms. The event, which brought together key stakeholders from the tax and business sectors, featured a comprehensive presentation outlining the strategic roadmap and milestones for the successful implementation of the E-Invoicing system.
The move is in line with FIRS’ ongoing efforts to digitalize and streamline tax collection processes, ensuring increased efficiency, transparency, and compliance. The E-Invoicing system is expected to automate the invoicing process, allowing for real-time tracking and validation of transactions, reducing the risk of tax evasion and improving revenue generation for the government.
During the ceremony, FIRS’ officials highlighted the key benefits of the new system, including enhanced data accuracy, reduced administrative costs, and improved taxpayer services. The E-Invoicing Committee was tasked with overseeing the pilot phase and providing necessary guidance to ensure smooth implementation across various sectors of the economy.
The Federal Government has emphasized that the successful adoption of E-Invoicing will not only contribute to the modernization of the Nigerian tax system but also align with international best practices, ultimately strengthening the country’s fiscal stability and governance.
As the committee moves forward with its work, businesses across Nigeria will be expected to adapt to the new system, ensuring seamless integration into the broader digital economy.