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

Memory Lane: Controversy Over Alleged Eviction of Retired Justice Bashir Sambo Resurfaces

By Achadu Gabriel, KadunaA past controversy involving former Minister...

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

PDP Crisis Deepens as Makinde Meets Kwankwaso Ahead of 2027 Elections

Ahead of the 2027 general elections, Seyi Makinde and...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

Vandalism Causes Collapse of Power Transmission Tower on Ughelli–Benin Line, TCN Says

The Transmission Company of Nigeria (TCN) says vandalism led...

CSO Alleges Fraud, Irregular Appointment in Public Service Institute of Nigeria

As part of its oversight responsibility, Empowerment for Unemployed...

PDP Suspends Adamu Bako Ninga in Nasarawa Over Alleged Misconduct

The Nasarawa State chapter of the Peoples Democratic Party...

APC Youth Group in North-East Endorses Nentawe Yilwatda for Second Term as Chairman

The APC North-East Youth Vanguard has endorsed the re-election...

Power Drop in Plateau, Bauchi, Benue, Gombe Linked to Reduced Grid Allocation — JED

Jos Electricity Distribution Plc (JED Plc) says the recent...

A’ibom targets 369 solar-powered schemes as AHDC calls for reforms

By Ogenyi Ogenyi,UyoAkwa Ibom government has concluded arrangements to...

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

EFCC Evicts Malami from Abuja Residence Amid Ongoing Court Dispute

Former Attorney-General of the Federation, Abubakar Malami, has accused...

Related Articles

Popular Categories

spot_imgspot_img