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

State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.

ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.

LPPC suspends Mike Ozekhome’s SAN rank

The Legal Practitioners' Privileges Committee has suspended Chief Mike Ozekhome's Senior Advocate of Nigeria rank pending the determination of disciplinary proceedings against the constitutional lawyer.

Cocoa and coffee farmers seek African bloc and $6,000 floor price to end foreign control

COCEFAAA has called for a unified African cocoa producers' bloc and a floor price of at least $6,000 a tonne to strengthen farmers' bargaining power.

More like this

State police will protect persecuted Nigerian Christians, says US lawmaker

US Congressman Riley Moore has welcomed Nigeria's Senate passage of the state police bill, saying it would help states protect citizens, including persecuted Christians.

ISIS funding: FG set to charge US-sanctioned BDC operator

The EFCC is set to charge a Lagos bureau de change operator over alleged ISIS financing, saying it concluded key parts of its probe before US sanctions.

LPPC suspends Mike Ozekhome’s SAN rank

The Legal Practitioners' Privileges Committee has suspended Chief Mike Ozekhome's Senior Advocate of Nigeria rank pending the determination of disciplinary proceedings against the constitutional lawyer.