Section 23 of the Nigeria Tax Administration Act, 2025 requires every person making a taxable supply to record and report the transaction through the Nigeria Revenue Service’s Electronic Fiscal System (EFS). In practice, that means issuing invoices through the NRS e-invoicing platform in real time.
The rollout timeline
| Taxpayer category | Mandatory from |
|---|---|
| Large taxpayers | Full compliance by 31 July 2026 |
| Medium taxpayers (turnover roughly ₦1bn – ₦5bn) | 1 July 2026 |
| Emerging taxpayers | 1 July 2027 |
The NRS published the phased timeline on 17 February 2026 and later issued a compliance reminder to large taxpayers ahead of the July deadline. Check the NRS portal for any later notices or extensions.
What “compliance” means
- Onboarding on the NRS Merchant Buyer Solution platform.
- Integrating your ERP or invoicing system with the platform.
- Passing validation testing.
- Actively transmitting every invoice.
Penalties
The NTAA provides administrative penalties for non-compliance. Commentators note, for example, a penalty of ₦1,000,000 for the first day that access to deploy fiscalisation technology is denied. Late adoption also puts input VAT claims at risk, as invoices outside the system may be challenged.
Getting ready
- Confirm your taxpayer category with the NRS.
- Ask your ERP or accounting software vendor about NRS integration.
- Clean up customer and supplier master data, including TINs.
- Train finance and sales staff on the new invoice flow.
Sources
- Vanguard — E-invoicing: NRS sets July 31 deadline for compliance
- Mondaq — NRS compliance reminder for large taxpayers under the e-invoicing & EFS regime
- EY — From legislation to action: 2026 business outlook on tax reforms in Nigeria and Ghana
This article is general information based on the Nigeria Tax Act 2025, the Nigeria Tax Administration Act 2025 and published commentary as at its date. It is not tax advice. Rules, thresholds and NRS guidance may change — speak to KJB about your specific circumstances.
