The Nigeria Revenue Service has said the phased implementation of the new Tax Act is a deliberate strategy designed to address potential challenges associated with introducing the revised tax regime.
Speaking at an e-invoicing compliance workshop and stakeholders’ engagement organised by eTranzact in collaboration with the NRS, the Project Manager for the e-invoicing implementation at the agency, Mohammed Bawa, explained that the first year of the rollout was intentionally focused on large taxpayers.
According to Bawa, prioritising large businesses at the initial stage will help ease the transition process, strengthen system integration, and resolve operational bottlenecks before extending the framework to medium and smaller taxpayer categories.
“So from the NRS perspective, from the beginning of the project, we knew that there would be challenges. And that’s why we have phased out the implementation in three different phases, from the large taxpayers, to medium, to imaginary. And from my presentation, the timeline I presented, you can see that we have a three-year plan,” he said.
He noted that the three-year implementation plan would allow the agency to refine the system progressively, ensuring a smoother adoption process across the broader tax base.
The workshop formed part of ongoing efforts to deepen digitalisation within Nigeria’s tax ecosystem, as authorities seek to modernise tax administration and improve compliance through technology-driven solutions.
eTranzact, which has operated in the digital solutions space for over two decades, is among the approved service providers supporting the implementation of the e-invoicing initiative. The platform is expected to enhance transparency, streamline tax reporting processes, and improve revenue collection efficiency.
The NRS reiterated its commitment to engaging stakeholders throughout the rollout period, stressing that collaboration with the private sector remains crucial to the successful implementation of the new tax regime and the broader digital transformation of Nigeria’s revenue system.
