The Nigeria Revenue Service (NRS) has reminded large businesses to complete their transition to the country’s electronic invoicing (e-invoicing) and Electronic Fiscal System (EFS) by July 31, warning that non-compliance could attract regulatory penalties.
The reminder was contained in a statement released on July 19 by Dare Adekanmbi, Special Adviser on Media to the Executive Chairman of the NRS, Zacch Adedeji.
Compliance Monitoring Underway
According to the tax authority, it has already begun monitoring large taxpayers to determine whether they have fully complied with the national e-invoicing requirements.
The NRS stressed that companies that fail to meet the deadline may face enforcement measures under Nigeria’s tax laws and regulations. Businesses are therefore encouraged to complete every stage of the onboarding process and begin transmitting electronic invoices before the deadline expires.
What Companies Must Do
To be considered compliant, affected businesses are expected to:
- Complete onboarding on the NRS Merchant Buyer Solution (MBS).
- Integrate their accounting or invoicing systems through approved Access Point Providers (APPs) or Systems Integrators (SIs).
- Successfully complete all required testing and validation processes.
- Start transmitting invoices through the NRS e-invoicing platform using approved standards.
- Accept only compliant electronic invoices that contain valid Invoice Reference Numbers (RINs) from suppliers.
Who Is Affected?
The directive applies to large taxpayers, defined by the NRS as companies with an annual gross turnover of ₦5 billion or more.
The agency disclosed that more than 1,000 companies had already completed compliance during the first quarter of the year, while others are expected to finalize their integration before the July 31 deadline.
Rollout of the E-Invoicing System
The NRS noted that the national e-invoicing platform officially became operational for large taxpayers on August 1, 2025, after months of consultations with stakeholders.
Although implementation was initially scheduled to begin at that time, the agency later extended the deadline to November 2025 to give businesses additional time to address operational and technical challenges.
The tax authority also recalled that, on February 17, it announced the next phase of the rollout, extending the Electronic Fiscal System to medium-sized and emerging taxpayers as part of its broader digital tax administration strategy.
NRS Reaffirms Support
While emphasizing strict compliance, the NRS said it remains committed to supporting taxpayers throughout the implementation process. The agency encouraged businesses that have not yet completed their integration to do so immediately in order to avoid disruptions and possible sanctions.
As the July 31 deadline approaches, affected companies are expected to ensure their systems are fully integrated and capable of transmitting compliant electronic invoices in line with the NRS requirements.
