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Breaking News | CITN Decries Corruption In Tax Administration In Nigeria


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tasks tiers of govt on accountability By Olasunkanmi Akoni The Charted Institute of Taxation of Nigeria, CITN, has attributed the low tax culture among taxable adults and businesses in Nigeria to lack of accountability and transparency in the expenditure of tax money by tiers of government.
Making this claim at the 2021 annual tax lecture in Lagos last weekend, Chairman of CITN, Ikeja, Mr Funso Abidakun, made reference to a recent research by the Nigeria Economic Summit Group, NESG, which revealed that more than 81 per cent of taxable Nigerians do not pay their income taxes as and when due thereby, accounting for low revenue from taxes. ....

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Breaking News | CITN Decries Corruption In Tax Administration


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Nestoil .Tasks tiers of govt on accountability By Olasunkanmi Akoni The Charted Institute of Taxation of Nigeria, CITN, has blamed the low tax culture among taxable adults and businesses in Nigeria on lack of accountability and transparency in the expenditure of tax money by tiers of government.
Chairman of CITN, Ikeja and District Society, Mr Funso Abidakun, made the remark at the 2021annual Tax Lecture, held at the weekend, in Ikeja, Lagos.
The event, with the theme: “The effects and implications of the new Finance Act 2020 on the Nigerian economy,” was an event being organized annually, in line with the directive of the national headquarters, Abuja, to further enlighten the tax-paying public on their obligations. ....

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