Flutterwave, a leading African payments technology company, has announced a strategic partnership with the Federal Inland Revenue Service (FIRS) to streamline tax payments across Nigeria. This collaboration aims to simplify tax compliance by offering multiple payment options, real-time reporting, and offline capabilities for individuals and businesses with limited internet access.  

Enhancing Efficiency and Transparency

Flutterwave’s CEO, Olugbenga ‘GB’ Agboola, emphasized the company’s commitment to leveraging technology to drive efficiency, transparency, and economic growth. “At Flutterwave, we are committed to leveraging technology to drive efficiency and economic growth. By making tax payments easier and more transparent, we are helping to digitize government collections and support national development, which is in line with our mission,” he said.  

The partnership enables businesses and individuals to pay taxes, levies, and other statutory fees through Flutterwave’s secure and efficient digital infrastructure. This initiative is expected to significantly improve the ease of tax compliance while fostering greater trust in the system.  

Key Features of the Integration

The collaboration introduces several innovative features designed to enhance the tax payment experience:  

  • Real-time tracking and reporting of tax payments.
  • Multiple digital and mobile payment options for convenience.
  • Secure and seamless tax payments for Nigerians both locally and in the diaspora.
  • Offline capabilities to cater to users with limited internet access.  

Driving Digital Transformation in Nigeria  

Flutterwave’s Senior Vice President, Olufunmilayo Olaniyi, highlighted the importance of public sector collaboration in advancing digital payments and fostering innovation. “Working with the public sector is pivotal to shaping the future of digital payments in Nigeria. This underscores our commitment to delivering solutions that serve Nigerians better, foster trust, and drive impactful innovation through strategic collaboration,” she said.  

Aligning with Government Reforms  

The partnership aligns with the Nigerian government’s ongoing efforts to enhance tax compliance and efficiency. Recent measures include the introduction of digital reporting systems and the upcoming pilot of the FIRS e-Invoice platform in July 2025. This platform aims to streamline invoice management and improve real-time visibility into business transactions.  

Additionally, the government is implementing reforms to tax digital services and assets, reflecting a global trend to capture revenue from the rapidly expanding digital economy.  

Expanding Flutterwave’s Role in Nigeria’s Financial Ecosystem

Beyond facilitating tax payments, Flutterwave has been actively strengthening its presence in Nigeria’s financial ecosystem through strategic collaborations. In 2024, the company partnered with the National Information Technology Development Agency (NITDA) and Alami to drive digital transformation and empower small and medium-sized enterprises (SMEs) in the tech and creative industries.  

Flutterwave also deepened its commitment to financial security by collaborating with the Economic and Financial Crimes Commission (EFCC) to establish a Cybercrime Research Center at the EFCC Academy. This initiative aims to combat cybercrime and enhance the security of digital financial transactions.  

A Step Toward a Digitally Inclusive Future  

The partnership between Flutterwave and FIRS represents a significant step toward a more digitally inclusive and efficient tax system in Nigeria. By leveraging Flutterwave’s cutting-edge technology, the collaboration is poised to enhance transparency, accessibility, and compliance, ultimately contributing to Nigeria’s economic growth and development.