- Pilot Launch and Phased Approach: The Nigerian Federal Inland and Revenue Service (FIRS) announced on February 18, 2025, that it will begin implementing electronic invoicing with a pilot program for the largest taxpayers in the second half of 2025. A phased approach will follow, but the exact date for broader enforcement has not been announced yet.
- Scope and Requirements: The electronic invoicing system will cover various transaction types, including Business-to-Consumer (B2C), Business-to-Business (B2B), and Business-to-Government (B2G). Invoices will be sent in the Peppol BIS Billing 3.0 format. For B2C transactions, suppliers must issue and report invoices to FIRS within 24 hours, and buyers can validate invoices using a QR code. For B2B and B2G transactions, suppliers must transmit invoices for clearance to FIRS before sending them to buyers.
- Service Provider Accreditation and Public Engagement: Service providers must meet comprehensive requirements, including the ability to apply advanced electronic signatures (AES) on invoices. FIRS has opened a public survey for stakeholders to share their opinions on the proposed implementation, and further announcements on e-invoicing obligations are expected.
Source:
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
