An official at the Federal Inland Revenue Service (FIRS), Arabinrin Aderonke Atoyebi, has explained the rationale behind the introduction of the e-invoice system in the country.

Atoyebi, who is the Technical Assistant, Broadcast Media at the FIRS, singled out small and medium-scale enterprises (SMEs) as those that would benefit from the digital solution, which will make invoicing easier, faster, and more transparent.

Applauding the Executive Chairman of the FIRS, Dr. Zacch Adedeji, for the initiative, she remarked that the digital transformation strategy aims to make tax processes smoother and more efficient.

“Good things are coming for the tax system, and Nigerians are ready. Imagine a country where paying taxes is not a burden but a seamless part of everyday business life. This vision is becoming a reality, thanks to the innovative efforts of Dr. Zacch,” she noted.

Atoyebi noted that just after marking his first year in office, Dr. Adedeji announced plans to introduce the e-invoice system, a development that is eagerly awaited by many. According to her, the FIRS is working toward a system where all transactions, whether between businesses or with the government, will be validated in real time.

She explained that the e-invoice system is not merely a technological upgrade but a major step toward transforming business operations by offering a digital platform to manage invoices. This system is expected to provide significant advantages to SMEs, which often struggle with the paperwork associated with traditional invoicing.

READ ALSO: FIRS to introduce e-invoice to enhance Nigeria’s tax system

She said: “With this new digital solution, these businesses will have the opportunity to concentrate on their primary operations, promoting growth and innovation instead of becoming overwhelmed by a flood of invoices and receipts. By simplifying the invoicing process, SMEs can streamline their workflows and dedicate more time to what truly matters: developing their products and services.

“The restructuring of the FIRS into three distinct operational groups — Small/Emerging Taxpayers, Medium Taxpayers, and Large Taxpayers — further exemplifies Dr. Zacch’s commitment to support. This approach ensures that every taxpayer receives the guidance and support they require.

“For instance, a street vendor will have a different set of challenges compared to a large corporation. By acknowledging these differences, the FIRS can make tax compliance more personal and achievable.

“For the average Nigerian, these changes signal hope. An inclusive tax system is important for better funding of essential services like infrastructure, healthcare, and education. As more citizens contribute to the national revenue, the government can channel these funds into services that directly improve their lives. This creates a cycle of growth and development that ultimately benefits everyone.”

She added that the FIRS Chairman’s vision aligns with President Bola Ahmed Tinubu’s Renewed Hope agenda, which aims to create a transparent and efficient tax environment. By embracing technology and inclusivity, Dr. Adedeji is helping to harness Nigeria’s potential and encouraging collective responsibility in shaping the economy

She said, “The Tax Boss’s vision aligns seamlessly with President Bola Ahmed Tinubu’s Renewed Hope agenda, which aims to cultivate a transparent and efficient tax environment. His embrace of technology, along with a commitment to inclusivity, reflects a deep understanding of Nigeria’s potential and the collective responsibility we share in shaping the economy.

“Dr. Zacch represents more than just a leader; he embodies the spirit of progress that Nigeria so desperately needs. His initiatives invite us all to engage in a shared journey, where our contributions matter, and our voices are heard.

“The road may be challenging, but with each step toward a more transparent tax system, we move closer to a future where every Nigerian feels empowered to participate in nation-building.

“This is not just about numbers or compliance; it’s about the promise of a Nigeria where everyone can thrive. So, let’s embrace this change, support these efforts, and join the Tax Boss in forging a path that truly reflects the aspirations of all Nigerians.”