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AGF tasks CITN on govt’s revenue challenges 

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Idris

The Accountant General of the Federation (AGF), Mr Ahmed Idris, has solicited active involvement of the Chartered Institute of Taxation of Nigeria (CITN) in finding solutions to the nation’s revenue challenges.

He made the call while interacting with the President and members of the national council and chapter chairmen of the CITN who visited him in Abuja.

Idris tasked the professional tax practitioners and administrators to deploy their expertise to assist the government at all levels to uncover new frontiers that can be explored to shore up the dwindling finances.

“The Chartered Institute of Taxation of Nigeria has a very important role to play in salvaging the revenue challenges at all levels. It is important to make your presence and expertise available to all levels of governments to address the challenging revenue situation”, he said.

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The AGF urged the professional tax practitioners and administrators to deploy their expertise in capacity building for government revenue personnel to improve their efficiency and also bring up new ideas that will help the government exploit revenue sources that have remained untapped.

He expressed the readiness of the Federal Treasury to continue to collaborate with the CITN, optimistic that associating with the institute would make a lot of difference in achieving the dream of increased revenue generation.

Idris, who said the Federal Treasury would sign a Memorandum of Understanding (MoU) with the CITN on collaboration, promised that all necessary measures would be taken to ensure that the partnership is successful and yields the desired results.

While noting that the Federal Treasury has had a long standing, mutually beneficial and profit-oriented relationship with CITN, Idris sought the institute’s participation in a special research that has been commissioned by the treasury to explore key sources of revenue and make them available for the government.

On the need to improve the capacity of directors deployed to revenue agencies, the AGF assured the tax experts that henceforth the CITN would be engaged to train prospective revenue directors before deployment to improve their capacity to deliver on their mandate.

President of CITN, Adesina Adedayo, commended Idris for the successes recorded by the Federal Treasury in implementation of the financial management reforms initiatives of the Federal Government.

Adedayo, who said the institute had 42 district societies spread across 32 states and the FCT, restated the commitment of the CITN to entrench professionalism in the Nigerian tax system.

He assured the AGF that the institute is poised to foster a better working relationship with the Federal Treasury.

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