Postpone February E-invoicing Policy, NACCIMA Tells CBN

By Sam Egburonu

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Central Bank of Nigeria (CBN) to postpone the take-off of it’s recently introduced policy on e-invoicing and price verification.
The President of NACCIMA, Ide J. C. Udeagbala, in a press briefing on Thursday, 27th January, 2022, said “NACCIMA notes the recently introduced e-invoicing and price verification policy of the Central Bank of Nigeria, which is set to commence on 1st February, 2022. We call on the CBN to postpone the date of commencement of this policy to enable our members get acquainted with the new dispensation.
Transition challenges will lead to chaos with immediate implementation. We also request the CBN to make the operation of these policies cost-friendly.”