Connect with us
X
Categories:

News

Sanwo-Olu tells CITN to heighten taxation practice in Nigeria

All Naija Entertainment

Published

on

The Lagos State Governor, Babajide Sanwo-Olu has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive on deepening taxation practice in Nigeria.

Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.


The governor gave the advice at the Investiture of the 14th President of CITN, Dame Olajumoke Simplice, on Saturday in Lagos.

Represented by Mrs Balogun Olufunmilayo, Permanent Secretary, Ministry of Finance, he said that deepening taxation practice would enhance revenue generation of the state and country.

He said that his administration would partner the Institute to strengthen and encourage taxation system for enhanced economic development of the country.

“CITN has immensely contributed to the growth of taxation in Nigeria, but the reward for hard work is more work.

“The Institute should not relent on efforts to have an efficient taxation practice as is obtainable in other countries.

“Tax is a civic responsibility of every citizen of a country and remains a major medium through which the government can generate funds to fulfill its electoral promises,” he said.

The Chairman of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, said that the issue of deepening taxation was a global issue that Nigeria should key into.

Fowler, who was a special guest of honour at the Investiture, said taxation was a social contract that enables citizens to play significant roles in raising revenue for government.

“By paying taxes, government will similarly have a strong motivation to account for revenues collected and the utilisation of such revenues.

“Voluntary compliance by the taxpayers will ensure that revenue is made available for improving on the provision of social amenities and services,” the FIRS boss said.

Fowler affirmed that the CITN had advanced to an enviable stage when considered from the level it started operation in Lagos State.

In her acceptance speech, Simplice promised to widen the corporate horizon of the Institute through the review of its vision and mission statement.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
Running Jogging Exercise
Health7 hours ago

10 Tips for Optimizing Your Running for Weight Loss

Riqui Puig
Sports7 hours ago

Ronald Koeman Breaks Silence On Riqui Puig Rumours

Delta State Government
Education7 hours ago

School Resumption: Delta State Govt Gives Updates On Resumption Of Tertiary Institutions

Coutinho
Sports7 hours ago

Barcelona: ‘I missed playing at Camp Nou, I’m happy to be back’ – Coutinho

Education8 hours ago

School Resumption: Akwa Ibom Announces Dates For Resumption Of Schools

Cardi B and Offset
Entertainment8 hours ago

Why Cardi B Filed For Divorce From Offset

Ben Murray Bruce
News8 hours ago

#EdoDecides2020: Ben Bruce congratulates Obaseki

News8 hours ago

Ebonyi Police Confirms Recovery Of 14 Dead Bodies From Ebonyi River

Idayat Hassan
News8 hours ago

#EdoDecides2020: Politicians used girls, fabrics, cash to beg for votes – CDD

Dave Umahi
News8 hours ago

Ebonyi : Dave Umahi Visits Scene Of Accident, Orders Immediate Investigation

Obaseki
News8 hours ago

#EdoDecides2020: Nobody Voted Obaseki In Oshiomhole’s Polling Unit [See Details]

APC Logo
News8 hours ago

#EdoDecides2020: Ignore Fake INEC Websites, Nothing Can Save Obaseki – APC

Facebook
Technology11 hours ago

Facebook Opens Office In Lagos

Leeds United
Sports11 hours ago

EPL: Leeds United Wins 4-3 Against Fulham

Mikel Arteta
Sports11 hours ago

Arsenal Can Beat Anyone On Their Day – Mikel Arteta

Riqui Puig
Sports12 hours ago

Ronald Koeman tells Riqui Puig to leave Barcelona

Police
News12 hours ago

Edo decides 2020: Police vows to deal with offenders

Godwin Obaseki
News12 hours ago

#EdoDecides: Obaseki Defeats Ize-Iyamu In His Polling Unit

News12 hours ago

Edo Election: Obaseki’s Supporter Falls Off Moving Vehicle While Jubilating Unit Result

Europa League
Sports1 day ago

Europa League play-off draws confirmed [Full fixture list]

The Babysitter Killer Queen 2020
Movie Subtitles1 week ago

DOWNLOAD Complete The Babysitter: Killer Queen 2020 Subtitles File [English SRT] 2020

The Broken Hearts Gallery
Movie Subtitles1 week ago

DOWNLOAD Complete The Broken Hearts Gallery (2020 Film) Subtitles File [English SRT] 2020

Buhari Next Level
News5 days ago

Nigeria’s 3rd place in global terrorism ranking worst thing to happen to Buhari’s govt — APC group

Godwin Obaseki
News1 week ago

Edo Election: Speculation about Edo PDP chairman’s resignation is fake news – Obaseki

Yemi Osinbajo
News1 week ago

COVID-19: Why Buhari released N2.3 trillion stimulus package to Nigerians – Osinbajo

Naira Marley
Entertainment1 week ago

Naira Marley Set To Drop New Song ” Idi Oremi (Opotoyi II)”

Patience Ozokwor aka Mama G
Entertainment6 days ago

Patience Ozokwor aka Mama G at 62 [See Thanksgiving Photos]

OGA LANDLORD
Stories1 week ago

[STORY] OGA LANDLORD (Episode 133)

A QUIRK OF FATE
Stories1 week ago

[STORY] A QUIRK OF FATE (Complete Episodes)

Kina
Music1 week ago

[Music] Kina – Can We Kiss Forever ft. Adriana Proenza

Davido
Lyrics1 week ago

Davido – FEM [Lyrics]

Bola Tinubu
News5 days ago

Edo election: Why Edo voters should reject Obaseki – Tinubu reveals

Babajide Sanwo Olu
Education7 days ago

School Resumption: Lagos Makes New Date For Reopening Of Primary, Secondary Schools

Arrest Police
News6 days ago

Cameroonian, Five Nigerians Remanded For Shooting Porn Movie In Shrine

Love, Guaranteed
Movie Subtitles1 week ago

DOWNLOAD Complete Love, Guaranteed (2020 Film) Subtitles File [English SRT] 2020

Rent-A-Pal
Movie Subtitles1 week ago

DOWNLOAD Complete Rent-A-Pal (2020 Film) Subtitles File [English SRT] 2020

Akshay Kumar
Entertainment1 week ago

Popular Bollywood Actor Akshay Kumar Says He Drinks Cow Urine Everyday

Unpregnant 2020
Movie Subtitles1 week ago

DOWNLOAD Complete Unpregnant (2020 Film) Subtitles File [English SRT] 2020

Davido
Music1 week ago

[Music] Davido – FEM

Fani Kayode
News4 days ago

Why There Will Be No Nigeria By 2023 — Fani-Kayode Reveals

ANE Billboard Hots!



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Copyright © All Naija Entertainment.

css.php