FIRS begins awareness ahead of e-invoicing system
FIRS engages large taxpayers on e-invoicing pilot
The Federal Inland Revenue Service has engaged with large taxpayer groups ahead of the implementation of the pilot phase of the Merchant Buyer Solution (e-invoicing system) to get their contributions on the new platform.
At the stakeholders' engagement in Lagos on Tuesday, it was disclosed that the pilot phase of the system would commence in July with selected taxpayers.
Background on the National E-Invoicing Solution
The FIRS announced the launch of the National E-Invoicing Solution in 2024, describing it as a transformative initiative aimed at providing real-time visibility into business transactions and financial activities.
The initiative is part of a broader move toward digital tax administration — designed to reduce compliance burdens on businesses, improve transparency, and tighten alignment between commercial transactions and tax reporting.
What FIRS leadership is saying
In his presentation at the event, the Chief of Staff to the Executive Chairman of FIRS, Tayo Koleosho, said the solution would make life easy for all stakeholders.
"It makes compliance easy for all. It makes life easy for everybody. And that is what this point is about. It's about making sure that as you're doing your natural business, you are actually feeding the tax system at the same time."
In his opening address, the representative of the Coordinating Director, Large Taxpayer Group, Dr Olabode Olatunji, emphasised the impact of the e-invoicing system, saying the engagement was about gathering input from the very businesses the system will serve.
What comes next
FIRS plans to commence the implementation of the pilot phase of this solution with selected large taxpayers. The insights gained from this phase will guide the broader implementation — ensuring that the rollout is informed by real operational feedback before scaling to the wider taxpayer base.
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