The Chartered Institute of Taxation of Nigeria (CITN) has once again affirmed its commitment to advancing ongoing tax reforms and strengthening professionalism within Nigeria’s tax system.
Speaking at the 52nd induction ceremony of the institute held in Abuja, CITN President, Mr. Samuel Agbeluyi, highlighted the institute’s enduring leadership in promoting excellence, ethics, and professional standards in taxation for over four decades.
“As the leading professional taxation body in Nigeria, the Institute has consistently championed the pursuit of excellence, ethical practice, and professionalism for more than 43 years,” Agbeluyi stated.
He urged members to familiarize themselves with the tax bills proposed by the Presidential Committee on Fiscal Policy and Tax Reforms, which have passed through the House of Representatives and are awaiting Senate approval.
“The bill, among other provisions, recommends the introduction of tax agents who will act as intermediaries between taxpayers and revenue authorities,” he explained. “While this legislative move is commendable, tax professionals must play an active role in its effective implementation.”
Agbeluyi noted that the CITN had carefully reviewed the proposed legislation and submitted recommendations aimed at refining its provisions to enhance tax administration and professionalism.
“We are confident that the incorporation of our recommendations will further strengthen Nigeria’s tax framework,” he said. “CITN remains unwavering in its mission to provide technical support and professional guidance to the government as these reforms take shape.”
He also reaffirmed the institute’s commitment to continuous professional development, pointing to its wide range of training programs designed to equip members with up-to-date knowledge and skills.
Agbeluyi encouraged the new inductees to uphold the institute’s reputation by maintaining high ethical standards and consistently striving for excellence in their professional engagements.
In her remarks, Dr. Titilayo Fowokan, Chairman of the Membership and Professional Conduct Committee, emphasized the essential role of taxation in national development, noting that CITN members are key contributors to economic growth.
“As tax professionals, your role in ensuring compliance, promoting fiscal responsibility, and supporting national development cannot be overstated,” she said.
She urged the new members to take full advantage of the institute’s learning and networking opportunities, emphasizing that “success in this profession is built on a foundation of integrity, lifelong learning, and best practices.”
The ceremony saw the induction of 1,461 new members, with about 10 inductees recognized for exceptional performance in the professional examinations.
Delivering the keynote address, the special guest of honour, Professor Yusuf Ali (SAN), stressed the crucial importance of taxation for national development.
“In serious nations, tax evasion is treated with the utmost gravity, often equated with acts that endanger the lives of many,” he said.
Professor Ali lamented Nigeria’s heavy dependence on oil revenue, arguing that it had eroded fiscal discipline and public accountability.
“In the First Republic, every region contributed to the national purse, fostering a shared sense of responsibility and ownership. However, the discovery of oil shifted focus away from taxation,” he remarked. “When citizens pay taxes, they are more inclined to hold leaders accountable.”
He concluded by calling for a renewed culture of tax consciousness in Nigeria as a foundation for sustainable national progress.
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