The Nigeria Revenue Service (NRS) has reiterated that the nationwide rollout of electronic invoicing (e-invoicing) will significantly strengthen tax compliance, curb revenue leakages and deepen transparency in the country’s tax administration system, as authorities intensify preparations for full implementation by 2028.
Speaking at the DigiTax E-Invoicing Compliance Breakfast Session in Lagos on Tuesday, Mohammed Bawa, Project Lead of the NRS E-Invoicing Project, said the initiative represents a major milestone in Nigeria’s drive to modernise tax administration and improve revenue collection through digital technology.
The event, organised by DigiTax, an NRS-accredited e-invoicing platform, forms part of the agency’s nationwide awareness and stakeholder engagement campaign aimed at preparing businesses for the mandatory adoption of e-invoicing.
Bawa said the initiative aligns with global best practices in tax digitisation and is expected to help Nigeria improve its tax-to-GDP ratio, which remains one of the lowest in Africa.
According to him, the system will provide the NRS with real-time visibility into business transactions across sectors, reduce opportunities for tax evasion and invoice fraud, and bring more operators within the informal economy into the formal tax net.
