x

FIRS Launches E-Invoicing Committee to Enhance Tax Compliance

The Federal Inland Revenue Service (FIRS) has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of a broader initiative to improve tax compliance, transparency, and operational efficiency in Nigeria’s tax system.

The announcement was made via the agency’s official X handle on Tuesday, confirming that the event took place at the FIRS headquarters in Abuja on April 29, 2025.

According to the statement, the inauguration included a detailed presentation of the E-Invoicing Initiative’s roadmap, outlining strategic milestones to ensure a smooth and effective implementation.

FIRS highlighted the importance of inter-agency collaboration, noting that the committee includes key stakeholders such as the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria Customs Service, financial institutions, and taxpayer representatives.

This multi-sectoral approach, FIRS said, reinforces its commitment to using technology and strategic partnerships to drive reforms in Nigeria’s tax administration.

The E-Invoicing system is designed to automate transaction tracking, reduce tax evasion, and promote greater accountability in both public and private sector financial activities.

Hot this week

Kogi Deepens China Partnership to Advance Agro-Industrial Programme

By Noah Ocheni, LokojaThe Kogi State Government says it...

TCN CEO Abdulaziz Pledges Improved Power Delivery in Second Term, Seeks Staff Support

By Jabiru HassanThe Managing Director and Chief Executive Officer...

FG Flags Off Construction Of Ecumenical Airport Chapel And Pilgrims Centre

By Francis WilfredThe Federal Government has performed the...

Oborevwori Pledges To Prioritise Investments In Renewable Energy

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff...

Related Articles

Popular Categories

spot_imgspot_img