- E-invoicing in Nigeria expected to start in July 2025
- Initiative announced by Federal Inland Revenue Service in November 2024
- Aims to improve tax administration and collection
- Transition from paper-based to electronic invoicing
- Follows Pan-European Public Procurement Online framework
- Applies to business-to-business and business-to-government transactions
- Invoices require reference number, QR code, and digital signature
- Pilot testing with large taxpayers is ongoing
- Full deployment depends on presidential approval of tax reform bills
- Initial rollout for B2B and B2G, later expanding to B2C transactions
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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