The Federal Inland Revenue Service (FIRS) has officially accredited PwC Nigeria as a system integrator for the country’s mandatory electronic invoicing (e‑invoicing) platform under the Monitoring, Billing and Settlement (MBS) framework.
The accreditation is aimed at accelerating the digital transformation of tax administration in Nigeria by enhancing transparency, improving the integrity of transaction-level tax reporting, and aligning fiscal processes with global best practices.
PwC Nigeria will assist businesses in integrating their invoicing systems with the FIRS platform, enabling real-time transmission of invoice data directly to tax authorities. This digital compliance model is expected to reduce errors, improve oversight, and streamline tax reporting.
Chijioke Uwaegbute, PwC’s Tax & Regulatory Services Leader, noted that e‑invoicing embeds tax compliance into everyday business processes, allowing organisations to rely on real-time data for reporting, audits, and regulatory review. He emphasized that the accreditation reinforces PwC’s role in supporting businesses under the new system.
Tim Siloma, PwC’s Tax Technology Leader, added that effective e‑invoicing compliance requires not only technology but also tax expertise to interpret requirements and manage risk. PwC plans to support organisations with system reviews, integration implementation, and ongoing compliance as e‑invoicing standards evolve.
Under the MBS framework, companies are required to transmit digital invoice data to FIRS in real time, replacing traditional paper-based invoicing and fostering a more efficient and transparent tax environment. Accredited system integrators like PwC will play a key role in helping businesses adapt to and meet these new compliance obligations.
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