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

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

Awakan Convenes Stakeholders to Drive Growth of Nigeria’s Tourism Sector

… Targets “Tourism City”By Joyce Remi-BabayejuThe Director-General of the...

12 Killed in Gunmen Attack in Jos North, Police Confirm

The Plateau State Police Command has confirmed that 12...

Bandits Attack Kaduna Wedding, Kill 13 in Fresh Kagarko Assault

By Idibia Gabriel, KadunaSuspected bandits have killed at least...

Tinubu Condemns Plateau, Kaduna Killings, Orders Security Crackdown

President Bola Tinubu has condemned recent attacks in Plateau...

PDP Chieftain, Onireti Resigns From Party, Cites Personal Reflection

A former House of Representatives candidate, Olufemi Onireti, has...

Kogi Governor Ododo Appoints Prof. M.S. Audu as Pro-Chancellor of PAAU Anyigba

The Governor of Kogi State, Ahmed Usman Ododo, has...

TCN Disputes PHEDC Capacity Claims, Cites Verified 8,700MW Transmission Capability

The Transmission Company of Nigeria (TCN) has challenged capacity...

CSOs Condemn Wike’s Remarks on Journalist, Raise Concerns Over Press Freedom

A coalition of 14 civil society organisations (CSOs) has...

Kogi Orders Evacuation of Students from University of Jos Over Security Concerns

Governor Ahmed Usman Ododo has directed the evacuation of...

Igoche Mark Urges Nigerians to Live the Promise of Easter

As Christians across the world are celebrating Easter celebration,...

Related Articles

Popular Categories

spot_imgspot_img