Flutterwave, FIRS Partner To Digitise Tax Collection In Nigeria

Flutterwave, one of Africa’s top payment technology firms, has partnered with the Federal Inland Revenue Service (FIRS) to modernise tax collection in Nigeria.

The initiative aims to simplify tax compliance by providing multiple digital payment options, real-time reporting, and offline capabilities for areas with limited internet access.

Flutterwave CEO, Mr. Olugbenga ‘GB’ Agboola, emphasised the company’s commitment to leveraging technology for economic growth, noting that this partnership would digitise government collections and enhance financial transparency.

The integration of Flutterwave’s secure payment infrastructure will allow businesses and individuals—both locally and abroad—to seamlessly pay taxes, levies, and statutory fees.

Beyond digitalising tax payments, the partnership will introduce real-time transaction tracking and expanded mobile payment options, reducing tax evasion and improving compliance.

Flutterwave’s Senior Vice President, Olufunmilayo Olaniyi, stressed the importance of public-private collaboration in advancing Nigeria’s digital financial ecosystem.

The federal government has been actively pursuing tax reforms, including digital reporting and e-invoicing, with plans to launch an ‘e-Invoice’ platform in 2025. Additionally, policies on taxing digital services and assets are being refined to align with global trends.

Flutterwave has strengthened its role in Nigeria’s financial landscape through other key collaborations, including with the National Information Technology Development Agency (NITDA) and the Economic and Financial Crimes Commission (EFCC) to enhance financial security.

As tax compliance remains a challenge in Nigeria, this partnership could significantly improve tax collection efficiency and ease of doing business. If successful, it may serve as a model for digitising other government services, fostering financial inclusion, and ensuring greater accountability. However, its long-term impact will depend on effective integration into Nigeria’s tax framework and widespread adoption by businesses.