Obaseki Tasks CITN On Expansion Of Frontiers Of Taxation.
Godwin Obaseki, Governor of Edo State, has asked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive in expanding the country’s taxation development frontier.
On Saturday, Obaseki delivered the keynote address at the CITN 40th Anniversary Dinner in Lagos themed “Evolution Of Taxation As A Profession In Nigeria: The Birth Of CITN.”
Mr. John Inegbedio, Chairman, TaxForce on IGR, Edo, represented Obaseki, who stated that taxes was the only sustainable source of income creation in a country.
He stated that CITN should be a significant partner in coordinating the impact of taxation practice in Nigeria by bringing all stakeholders/parties together and being fair to taxpayers.
According to Obaseki, the Institute should focus more on organizing, energizing, and teaching the general people on taxes as a civic obligation.
“Forty years is a unique achievement for the Institute and is worth celebrating. More importantly, the fact that taxation has become the national discourse as we all can see now that the oil revenue can no longer sustain the country.
“Clearly, every society that is striving in the advanced economy is taxation, even the politics is tied to taxation. They know who pays what and at what rate.
“Before now, that was not the case in Nigeria, both national and sub-national are beginning to realise that is the only way forward,” he said.
Obaseki, the Special Guest of Honour, stated that CITN stood out as one of the primary stakeholders in coordinating, energizing, and educating the public on taxation concerns.
“More importantly to provide the needed information to the public on what form of tax to pay, the way the tax should be collected, the rights of taxpayers and the rights of various governments that collect tax.
“Also, to help eliminate areas of misunderstanding and confusion, so that everybody is on board, and then as a society, we will be able to render the services that will boost the nation’s taxation system,” he said.