The Nigeria Revenue Service (NRS) has initiated a phased implementation of its electronic invoicing and fiscal monitoring system, designed to enhance tax administration, improve transparency, and encourage voluntary compliance among businesses across the country.
According to a public notice signed on Monday by the NRS Executive Chairman, Zacch Adedeji, the E-Invoicing & Electronic Fiscal System—also referred to as the Merchant Buyer Solution (MBS)—will be introduced in stages, with deployment determined by annual turnover categories of taxpayers.
The notice revealed that the system officially went live on August 1, 2025, for large taxpayers, following extensive consultations with stakeholders and pilot programs launched in January 2025. The rollout for this category was later extended to November 2025 to allow for operational adjustments and transitional requirements.
Since the go-live date, the NRS reported that “significant progress has been recorded, with the onboarding of the majority of large taxpayers, many of whom have commenced the successful transmission of invoice data to the MBS platform.”
The agency plans to extend the system to medium and emerging taxpayer categories through a structured approach that involves stakeholder engagement, pilot testing, full implementation, post-deployment review, and eventual compliance enforcement.
Under the legal framework provided by the Nigeria Tax Administration Act, which empowers the NRS to deploy technology for tax administration, and the Nigeria Tax Act, which mandates taxpayers to adopt fiscalisation systems, the rollout seeks to formalize invoice management and reporting across the country’s business sector.
Medium-sized businesses, with annual turnovers between N1 billion and N5 billion, are expected to begin engagement and pilot activities in 2026. Full implementation for this group is slated for July 2026, with enforcement measures to follow in early 2027.
For smaller, emerging businesses with turnover below N1 billion, the NRS plans to commence onboarding in 2027, with compliance enforcement projected for 2028.
The service urged all businesses to identify their taxpayer categories and participate in onboarding exercises, emphasizing that enforcement will occur only after engagement, pilot, and post-go-live review phases are concluded.
The NRS reaffirmed its commitment to a collaborative approach, stating that it “remains committed to working collaboratively with all stakeholders to ensure a smooth transition and the successful adoption of the E-Invoicing Solution.”