The Nigeria Revenue Service has set July 31 as the deadline for all large taxpayers to fully adopt its national e-invoicing and Electronic Fiscal System, warning of regulatory sanctions for non-compliant companies.
In a statement issued on Sunday by the Special Adviser on Media to the NRS Chairman, Dare Adekanmbi, the July 31 deadline follows an earlier public notice issued by the NRS on February 17, 2026, which outlined the system’s implementation timeline.
Affected firms — those with annual turnover of ₦5 billion or more — are required to complete onboarding, system integration, testing, and invoice transmission through the Merchant Buyer Solution platform. As of the first quarter of 2026, more than 1,000 companies had complied.
The NRS said it has already begun monitoring compliance levels and urged affected businesses to conclude outstanding integration work urgently.
The e-invoicing system, part of a broader digital tax modernisation drive, allows real-time transaction monitoring aimed at improving audit efficiency and reducing revenue leakages.
Also read: INEC opens portal for state-level races July 18
Leave feedback about this
You must be logged in to post a comment.