The Nigeria Revenue Service (NRS) has begun rolling out its electronic invoicing and fiscal monitoring system in phases. This reform aims to improve tax administration, enhance transparency, and encourage businesses across the country to comply voluntarily.
This initiative is part of a larger effort to modernize Nigeria’s tax system and enable real-time monitoring of transactions. The announcement made in a public notice signed by NRS Executive Chairman, Zacch Adedeji, on Monday, February 16, 2026.
Adedeji explain that E-Invoicing & Electronic Fiscal System, also the Merchant Buyer Solution (MBS), is introduce gradually. The rollout is based on taxpayer categories, determined by their annual turnover.
Key Details:
The notice revealed that the system officially launched on August 1, 2025, for large taxpayers. This followed extensive consultations with stakeholders and pilot testing that began in January 2025. However, the implementation for this group extended to November 2025 to address operational and transitional challenges.
The notice stated:
“Since the official go-live, significant progress has been recorded. Most large taxpayers have been onboarded, and many are now successfully transmitting invoice data to the MBS platform.”
Building on this success, the Nigeria Revenue Service plans to expand the system to medium and emerging taxpayers. This will follow a structured process, including stakeholder engagement, pilot testing, implementation, post-deployment reviews, and compliance enforcement.
Additional Insights:
The notice highlight that this initiative is support by the Nigeria Tax Administration Act, which allows the Nigeria Revenue Service to use technology for tax management. It is also back by the Nigeria Tax Act, which requires taxpayers to adopt fiscalization systems introduced by the authority.
