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

Bandits attack Kaduna community, kill 4, kidnapped 13.

By Achadu Gabriel, KadunaYarkasuwa Saminaka, a Christian dominated...

EFCC, NEITI Move to Strengthen Ties Against Extractive Sector Fraud

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

FG Moves to Halt JOHESU CONHESS Dispute

By Joyce Remi-BabayejuThe Federal Ministry of Health and Social...

Kaduna:: Kurmin Wali victims recall ordeal, commend Gov Uba Sani’s Visit

By Achadu Gabriel, Kaduna-Governor Uba Sani has...

2027 Polls: Oborevwori Directs Police, Security Agencies to Arrest, Prosecute Armed Individuals

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

Naira Strengthens to N1,385/$ as Equities Gain N232bn

The naira appreciated further at the official foreign exchange...

FCT Schools, Primary Health Centres Remain Closed as Workers’ Strike Enters Ninth Day

Public primary schools and primary healthcare centres across the...

Meter Costs Trigger DisCos–FG Dispute Over Electricity Tariffs

A disagreement has emerged between the Federal Government and...

Anthony Joshua Speaks After Fatal Crash That Killed Two Friends

British-Nigerian boxer Anthony Joshua has spoken publicly for the...

National Youth Alliance Inaugurates State Chairmen, Launches Digital Portal

The National Youth Alliance (NYA) has inaugurated chairmen for...

Nigeria Records Gains Against Lymphatic Filariasis as Free Hydrocele Surgeries Expand

Nigeria is making progress in tackling lymphatic filariasis, a...

EFCC Arraigns Firm and Six Individuals Over Alleged €100m Fraud in Abuja

The Economic and Financial Crimes Commission (EFCC) has arraigned...

EFCC Arraigns Man in Maiduguri Over Alleged N20m Criminal Misappropriation

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Related Articles

Popular Categories

spot_imgspot_img