CITN con­fers fel­low­ship on 329 mem­bers

The Punch - - BANKING PERSONAL - Sto­ries: Nike Popoola

THE Char­tered In­sti­tute of Tax­a­tion of Nige­ria has con­ferred fel­low­ship sta­tus on 329 mem­bers as part of ef­forts to im­prove and pro­mote tax­a­tion prac­tice in the coun­try.

Dur­ing the con­fer­ment of fel­low­ship of the in­sti­tute in La­gos, the Pres­i­dent, CITN, Dame Sim­plice, said the ex­er­cise was in com­pli­ance with the man­dates and Acts of the in­sti­tute.

She said, “The tax pro­fes­sion in Nige­ria is sep­a­rate and dis­tinct from any other pro­fes­sions and CITN is em­pow­ered by the CITN Act, Cap C10, laws of the Fed­eral Repub­lic of Nige­ria to reg­u­late the tax­a­tion pro­fes­sion in Nige­ria.”

Sim­plice said it was also a mech­a­nism to build and grow a sus­tain­able tax ad­min­is­tra­tion sys­tem in the coun­try.

Ac­cord­ing to her, the con­fer­ment sig­ni­fied com­mit­ment on the part of the con­fer­ees to be­come am­bas­sadors of the pro­fes­sion at all times.

She urged the new fellows to up­hold the prin­ci­ples and in­tegrity of the pro­fes­sion in their ser­vice to the so­ci­ety.

The CITN pres­i­dent urged the new fellows to con­trib­ute their quota to the move to­wards en­sur­ing ef­fec­tive and sus­tain­able tax ad­min­is­tra­tion sys­tem in Nige­ria.

She noted that the tax sys­tem needed to be im­proved upon, and that tax­a­tion could serve as a ver­i­ta­ble tool for run­ning the econ­omy as was done in other coun­tries.

“With your con­fer­ment as fellows, much more is ex­pected from you as mem­bers.. You are there­fore ex­pected to strive at all times to en­hance the re­spect, ad­mi­ra­tion and good name of the in­sti­tute.

“By con­duct­ing your­self in a cour­te­ous and pro­fes­sional man­ner, not only will you be es­tab­lish­ing your rep­u­ta­tion in the tax­a­tion com­mu­nity, you will also be help­ing to build an in­sti­tute which will be a role model for other pro­fes­sions.

“As a fel­low of the in­sti­tute, avail your­self with op­por­tu­ni­ties of sem­i­nars and work­shops to con­stantly be up­dated with new de­vel­op­ments and method­olo­gies in the pro­fes­sion.”

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