HomeNewsICPC Chairman Embraces CITN's Anti-Fraud Partnership to Enhance Tax Transparency

ICPC Chairman Embraces CITN’s Anti-Fraud Partnership to Enhance Tax Transparency

Published on

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has welcomed a partnership proposal from the Chartered Institute of Taxation of Nigeria (CITN) aimed at combatting fraud and fostering transparency and accountability in the national taxation system.

The endorsement, announced on Wednesday, followed a courtesy visit to the ICPC Headquarters in Abuja by Mr. Samuel Agbeluyi, the President of CITN. Aliyu described the partnership as crucial in the fight against tax-related corruption.

Aliyu outlined the key components of the partnership, which include public awareness campaigns, technological advancements, and policy advocacy. These elements, according to him, play a vital role in promoting transparency, accountability, and excellence within the taxation sector. He stressed the importance of Nigerians contributing to the development of the country by regularizing tax payments.

Moreover, Aliyu expressed his commitment to solidify the relationship between ICPC and CITN by revisiting the existing Memorandum of Understanding (MOU) and ensuring that its terms are revised and improved.

The ICPC Chairman assured CITN of the Commission’s unwavering support and its readiness to collaborate with other significant players in the sector, such as the Federal Inland Revenue Service (FIRS), to effectively prevent and address tax-related offenses.

In response, the President of CITN, Samuel Agbeluyi, reiterated the institute’s dedication to enhancing Nigeria’s standing by addressing shortcomings in the taxation system. This commitment has driven CITN to engage in numerous discussions with stakeholders to promote excellence, professionalism, and ethical standards in taxation practices.

Agbeluyi emphasized the pivotal role of an efficient tax system in building a sustainable and prosperous economy. He stated that the drive to make taxation a cornerstone of national economic development necessitated collaboration with key stakeholders.

Among the areas where CITN hopes to partner is capacity building and public advocacy. The institute aims to create a robust and efficient tax administration system that will boost the country’s revenue generation.

Latest articles

Vandals strip Lagos-Ibadan Longbridge of solar streetlights, raising fears of night attacks on motorists

Vandals have stripped the Lagos-Ibadan Longbridge of nearly all its solar streetlights, leaving only about 20 standing and raising fears of renewed night attacks on motorists.

Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.

CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.

More like this

Vandals strip Lagos-Ibadan Longbridge of solar streetlights, raising fears of night attacks on motorists

Vandals have stripped the Lagos-Ibadan Longbridge of nearly all its solar streetlights, leaving only about 20 standing and raising fears of renewed night attacks on motorists.

Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.

CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.