The Nigeria Revenue Service has announced the phased rollout of its electronic invoicing and fiscal monitoring system aimed at strengthening tax administration, improving transparency, and promoting voluntary compliance among businesses nationwide.
According to a public notice, signed by the Executive Chairman, Zacch Adedeji, the E-Invoicing & Electronic Fiscal System, also known as the Merchant Buyer Solution, is being implemented in stages across taxpayer categories based on annual turnover thresholds.
The system officially went live on August 1, 2025, for large taxpayers following extensive stakeholder consultations and pilot deployments that began earlier in January 2025. The service noted that implementation for this category was later extended to November 2025 to accommodate operational and transitional considerations.
According to the NRS, since the official go-live, 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 and building on this progress, it will extend the rollout to medium and emerging taxpayer segments in a structured sequence that includes stakeholder engagement, pilot testing, go-live implementation, post-deployment review, and eventual compliance enforcement.
The notice explained that the initiative is backed by provisions of the Nigeria Tax Administration Act, which empowers the service to deploy technology for tax administration, and the Nigeria Tax Act, which mandates taxpayers to implement fiscalisation systems introduced by the authority.
Medium taxpayers’ businesses with annual turnover between N1bn and N5bn are expected to begin engagement and pilot phases in 2026, with full implementation scheduled for July 2026 and enforcement to follow in early 2027, while for emerging taxpayers with turnover below N1 billion, the rollout is scheduled to commence in 2027, with compliance enforcement projected for 2028.
