The Federal Inland Revenue Service (FIRS) officially launched its e‑invoicing (Merchant‑Buyer System, MBS) platform on August 1, 2025, initially targeting large taxpayers companies with annual turnover of ₦5 billion or more .
Within two weeks of the launch, over 1,000 companies, representing about 20% of the more than 5,000 eligible firms, had begun integration with the system .
Notably, one source mentions that this figure refers to over 4,000 targeted large taxpayers, clarifying that those already integrated represent a subset of this broader target group .
To ease adoption and ensure smooth implementation, FIRS, together with NITDA, certified 16 tech companies as System Integrators and Access Point Providers to assist taxpayers with integration and invoice transmission .
Deadline Extension
Recognizing the operational challenges faced by many companies, FIRS has granted a three‑month extension for onboarding, moving the final deadline from August 1 to November 1, 2025 .
Summary
Metric Details
Rollout Date August 1, 2025
Target Eligible Firms Over 5,000 (large taxpayers)
Companies Onboarded Over 1,000 (20%)
Broader Target (some sources) Over 4,000 large taxpayers
Onboarding Deadline November 1, 2025 (extended)
Support Mechanism 16 certified tech service providers engaged
Clarification on the “4,000 Companies”
Some reports mention "over 4,000 targeted large taxpayers" rather than eligible firms. The 1,000 onboarded figure reflects progress to date the remainder are still expected to complete onboarding before the November deadline .
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