NUC approves degree in taxation for Caleb Varsity

The quest for the award of a degree in taxation has received a boost as the National Universities Commission (NUC) recently approved the programme for Caleb University.

Officials of the university disclosed this during a courtesy visit to the President and Chairman of Council, Chartered Institute of Taxation of Nigeria (CITN), Cyril Ikemefuna Ede.

Vice Chancellor of the University, Prof. Ayandiji Daniel Aina, who expressed delight at the NUC’s approval and the gradual economic shift from oil to non-oil revenue, said the development would foster national economic growth, as being championed by the CITN.

He explained that the university was excited to be a part of the CITN family and that they would be partners in progress in breeding industry professionals.Aina requested for greater collaboration between the CITN and the university in moving the taxation profession forward.

He stressed the need to draw up conversion modalities for persons seeking to join CITN and specifically requested for a Memorandum of Understanding (MoU) with the institute, which would go a long way in reducing incidences of graduates’ irrelevance to industries.

He noted that similar MoUs had already been signed with other professional bodies and commended the university’s quest for CITN’s endowment of a Professorial Chair in Taxation. adding that the endowment would go a long way in amplifying the dignity of the profession.

Responding, Ede congratulated the university for the NUC’s approval to offer Bachelor of Science (BSc) in Taxation, while noting that this was a laudable achievement for the profession, particularly the CITN.