Move strengthens digital tax administration as Nigeria adopts real-time transaction reporting under MBS platform
The Federal Inland Revenue Service (FIRS) has accredited PwC Nigeria as a system integrator for the country’s mandatory e-invoicing framework under the Monitoring, Billing, and Settlement (MBS) platform, marking another step in Nigeria’s digital tax reform agenda.
PwC confirmed the development in a statement, describing the accreditation as part of FIRS’ broader strategy to modernise tax administration, improve transparency, and strengthen the reliability of transaction-level tax reporting nationwide.
Reacting to the accreditation, Partner and Tax & Regulatory Services Leader at PwC Nigeria, Chijioke Uwaegbute, said the shift to e-invoicing fundamentally changes how businesses approach tax compliance by embedding it directly into daily operations.
According to him, real-time digital transaction systems require organisations to place greater reliance on data accuracy for tax reporting, audits, and regulatory assessments.
He noted that PwC’s accreditation further positions the firm to support businesses as they navigate compliance requirements with confidence, combining tax and regulatory expertise with technology-driven solutions.
Uwaegbute also pointed out that Nigeria’s e-invoicing mandate aligns with global trends toward enhanced transparency and real-time tax oversight, adding that PwC’s role is to help organisations manage complexity, safeguard value, and strengthen trust within the tax ecosystem.
Tax Expertise Critical to E-Invoicing Success
The statement cautioned that treating e-invoicing solely as a technology initiative could expose organisations to data inconsistencies and control weaknesses, stressing that effective implementation requires tax expertise to be integrated into system design, configuration, and governance from the outset.
Under the MBS framework, companies are required to transmit invoice data to the FIRS platform in real time, ensuring that tax reporting and control checks occur at the point transactions are executed.
The platform replaces traditional paper-based invoicing with a digital validation system aimed at reducing manual errors, strengthening regulatory oversight, and enabling real-time review by tax authorities. Accredited system integrators are tasked with ensuring secure and seamless connectivity between taxpayers’ systems and the FIRS platform.
Technology Alone Not Enough — PwC
Also speaking on the development, Partner and Tax Technology Leader at PwC Nigeria, Tim Siloma, said automation alone cannot guarantee compliance.
While technology can streamline invoicing processes, Siloma explained that interpreting tax rules and managing compliance risks require strong tax expertise, noting that e-invoicing is most effective when tax rules, data controls, and enterprise systems are developed together.
He added that PwC’s tax technology approach integrates advisory expertise into system execution, helping organisations maintain control as tax compliance becomes embedded within core business operations.
With the accreditation, PwC Nigeria will support organisations in reviewing invoicing and reporting processes, implementing required system integrations, and ensuring ongoing compliance as Nigeria’s e-invoicing requirements continue to evolve.
The Federal Government says the mandatory e-invoicing initiative is aimed at tightening tax administration, reducing revenue leakages, and aligning Nigeria’s fiscal systems with international best practices.
