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FG To Boost Tax Revenue

Ebuka Daniel

The Accountant General of the Federation, Ahmed Idris has called on tax administrators from the Chartered Institute of Taxation of Nigeria to work towards finding lasting solutions to the revenue challenges the country is facing presently.

According to a statement issued on Friday by the Director Information, Press and Public relations, OAGF, Henshaw Ogubike, idris 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.

The AGF also disclosed that the Federal Treasury is to sign a Memorandum of Understanding with the Institute to ensure that the desired results are attained.

The statement read in part, “The Accountant General of the Federation, Ahmed Idris FCNA FCTI has solicited active involvement of the Chartered Institute of Taxation of Nigeria (CITN) in finding solutions to the revenue challenges the country is facing presently.

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

“He stated the readiness of the Federal Treasury to continue to collaborate with the Institute and expressed optimism that associating with the Institute will make a lot of difference in achieving the dream of increased revenue generation.”

“He said the Federal Treasury is to sign a Memorandum of Understanding(MOU) with the Institute on the areas of collaboration and promised that all necessary measures will be taken to ensure that the collaboration is successful and yields the desired results.”

On the need to improve the capacity of Revenue Directors deployed to Revenue Agencies, the AGF assured that henceforth the CITN would be engaged to train prospective Revenue Directors before deployment to improve their capacity to deliver on their mandate.

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

He reiterated the commitment of the Institute to entrench professionalism in the Nigerian Tax System, adding that Institute is poised to foster a better working relationship with the Federal Treasury.

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