The Federal Inland Revenue Service (FIRS) has extended the compliance deadline for large taxpayers under Nigeria’s new electronic invoicing regime, the Merchant-Buyer Solution (MBS). Initially required to complete onboarding by August 1, 2025, companies with annual turnover of ₦5 billion and above have now been granted until November 1, 2025 to finalise integration with the system. The extension was announced after FIRS acknowledged that many taxpayers made genuine efforts to meet the initial deadline but faced operational and technical constraints.
The e-invoicing platform, which went live on August 1 following a pilot phase, has already seen strong uptake, with 1,000 large companies—representing about 20 percent of eligible firms—successfully onboarded. To support the remaining taxpayers, FIRS is working closely with the National Information Technology Development Agency (NITDA) and accredited service providers to facilitate onboarding, integration, and invoice transmission. The new deadline underscores the agency’s focus on encouraging voluntary compliance while ensuring a smooth and sustainable transition into Nigeria’s phased e-invoicing regime.
