The Chartered Institute of Taxation of Nigeria has urged Nigerians to support the Federal Government tax reform, saying it is a sign of good things to come for all.
Mr Samuel Agbeluyi, the President of CITN stated this at the CITN’s first Council Meeting for 2025, on Friday in Jos.
The president said the tax bill, if passed into law, would bring sanity into the practice and administration of taxation in Nigeria.
“As an institute, we are happy over the ongoing dialogue on the new tax bills; if these bills are passed into law, it will make the system better.
“The reform will improve the revenue of the nation.
“I’m not talking about increased tax for Nigerians, but the sanity the reform will bring into the practice and administration of taxation in the country.
“There is no perfect document anywhere in the world, and so the new tax document can be amended when the need arises.
“So, I urge Nigerians to support the proposed reform because it is a good omen for the nation,” he pleaded.
Agbeluyi said that the two-day council meeting was also an avenue for the members to brainstorm on critical issues bordering on the tax regime in the country.
