NRS orders companies with N5bn turnover to complete E-Invoicing by July 31

Michael Olumide Alabi

Nigeria Revenue Service (NRS) has directed all large taxpayers with annual gross turnover of ₦5 billion and above to fully comply with the national e-invoicing and Electronic Fiscal System (EFS) by July 31, warning that defaulters risk regulatory and enforcement actions under existing tax laws.

The directive follows an earlier public notice issued by the agency on February 17, 2026, outlining the implementation timeline and making the adoption of the national e-invoicing platform mandatory for eligible taxpayers.

In a public notice personally signed by the Chairman of the NRS, Zacch Adedeji, all affected companies were instructed to complete their onboarding, system integration, testing processes and commence the transmission of invoices to the NRS e-invoicing platform in accordance with the approved implementation framework before the deadline.

According to a statement released on Sunday by the Chairman’s Special Adviser on Media, Dare Adekanmbi, the tax authority has already commenced nationwide compliance monitoring to assess the level of adherence by large taxpayers.

He explained that companies failing to meet the mandatory requirements risk facing regulatory and enforcement measures as provided under relevant tax laws and regulations.

“Consequently, any defaulting member may be subjected to appropriate regulatory and enforcement actions in accordance with the provisions of the relevant tax laws and regulations,” the statement said.

The agency urged affected taxpayers to immediately conclude all outstanding onboarding and integration activities to avoid penalties, stressing that invoice transmission must begin before the July 31 compliance deadline.

The NRS also reiterated its commitment to supporting taxpayers throughout the implementation process to ensure a smooth transition to the digital invoicing regime.

“The NRS appreciates the cooperation of taxpayers and remains committed to providing the necessary support to ensure the successful implementation of the national e-invoicing regime,” the notice added.

Under the implementation guidelines, large taxpayers are defined as companies with an annual gross turnover of ₦5 billion and above. The agency disclosed that as of the first quarter of 2026, more than 1,000 companies had already complied with the new requirements.

To achieve full compliance, affected companies are expected to complete onboarding on the NRS Merchant Buyer Solution (MBS), successfully integrate their systems through approved Access Point Providers (APPs) or Systems Integrators (SIs), complete all validation and testing procedures, and actively transmit invoices to the NRS e-invoicing platform in line with approved technical standards.

The compliance framework also requires taxpayers to ensure they receive only compliant electronic invoices bearing valid Invoice Reference Numbers (RINs) from their suppliers, a measure aimed at improving transparency, reducing tax evasion and enhancing the efficiency of Nigeria’s tax administration system.

With the July 31 deadline fast approaching, the NRS has advised all affected organisations yet to complete the migration process to expedite compliance in order to avoid disruptions to their operations and possible sanctions.