BRIPAN, CITN partner to strengthen business recovery

As part of efforts to improve the ease of doing business, the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has announced a strategic partnership with the Chartered Institute of Taxation of Nigeria (CITN).

The collaboration is geared towards strengthening business practices and streamlining taxation systems in Nigeria to foster economic growth and resilience.
According to BRIPAN, the partnership is a step forward in addressing critical challenges facing businesses in the country, particularly in areas of recovery and solvency.

By working together, both organisations aim to provide a framework to ensure businesses can navigate financial difficulties effectively while complying with tax regulations.

Speaking during a visit to CITN in Lagos, Senior Advocate of Nigeria (SAN) and BRIPAN President, Chimezie Ihekweazu, said the collaboration aligns with their mission to strengthen the financial and legal structures that support business recovery.

He stated that the collaboration would provide a better-rounded package for business solutions and management, noting that taxation forms an important part of business. He added that the joint relationship between both institutions would further support policy and advocacy positions to drive reforms for business management, professional competencies and rescue operations.

According to him, BRIPAN is committed to improving the lots of businesses within the standards of the law.