- Nigeria Revenue Service (NRS) is rolling out an Electronic Invoicing and Electronic Fiscal System (EFS) in phases for different taxpayer categories.
- Large Taxpayers (turnover ≥ NGN 5 billion) began onboarding in August 2025, with compliance enforcement starting April 2026.
- Medium Taxpayers (turnover NGN 1–5 billion) will fully implement EFS by July 2026, with compliance enforcement from January 2027.
- Small Taxpayers (turnover < NGN 1 billion) will fully implement EFS by July 2027, with compliance enforcement from January 2028.
- The phased rollout aims to ensure smooth adoption, improved compliance, and enhanced transparency in tax administration.
Source: regfollower.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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