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CITN 24th Annual Tax Conference: Vice President Yemi Osinbajo Drums Support For FIRS Digitisation Agenda
The Chartered Institute of Taxation of Nigeria (CITN) has been urged to support the Federal Inland Revenue Service (FIRS) in its drive towards full digitalisation of tax administrative processes.
Vice President Yemi Osinbajo SAN made this call in his speech at the Chartered Institute of Taxation of Nigeria’s (CITN) 24th Annual Tax Conference held at the International Conference Centre, Abuja.
Executive Chairman, FIRS, Nami Muhammad, with President, Chartered Institute of Taxation of Nigeria, Adesina Isaac Adedayo, mni, FCTI; Vice President CITN, Agbeluyi, S.O. (Barr.), FCTI; Chairman 24th Annual Tax Conference Committee, Ruth Oluwabamike Arokoyo, FCTI, Dr. James Kayode Naiyeju, FCTI, and CITN past Presidents at the Chartered Institute of Taxation 24th Annual Conference in Abuja. 18th May 2022.
The Vice President was represented at the event by the Executive Chairman of the FIRS, Muhammad Nami who delivered the address on his behalf.
Professor Osinbajo noted that the theme for the tax conference, “Global Disruption, Taxation and Digitalisation: Implication for Socio-Economic Development” aptly captures the prevailing realities within the national and global fiscal space.
He said, “Nigeria’s economy is fast digitalising. The digitalisation of the Nigerian economy means that the ways and manners of organising and doing businesses have changed. Indeed, the radical changes brought about by digitalisation have displaced the traditional approach to tax administration. Consequently, the digitalisation of tax administration is unavoidable, that is why our government has continued to heavily invest in the automation of tax administrative processes and digital infrastructure.”
Photo 3: Executive Chairman, FIRS, Nami Muhammad with Dr. James Kayode Naiyeju, FCTI; CITN President, President, Chartered Institute of Taxation of Nigeria, Adesina Isaac Adedayo, mni, FCTI; Vice President CITN, Agbeluyi, S.O. (Barr.), FCTI and Chairman 24th Annual Tax Conference Committee, Ruth Oluwabamike Arokoyo, FCTI, at the Chartered Institute of Taxation 24th Annual Conference in Abuja. 18th May 2022
He further noted that the government had provided the enabling environment for digitalised tax administration by making necessary tax policy changes, developing rules for taxation of the digital economy, enactment of required legislation, and providing necessary political backing for the team negotiating the new international tax rules for the digitalised economy.
The Vice President urged the institute to see its role in the society as a pillar for the country’s socio-economic development.
“The possible impact of non-compliance by taxpayers—whom you hold briefs for—on the government’s revenue and the larger society is crucial and must be given topmost priority while holding briefs for them.
“In doing so, you must always bear in mind the pronouncement of the Court of Appeal in Phoenix Motors v. National Provident Fund Management Board (1993) that it is in the best interest of the society at large that government be in revenue.
“It is through this prism that I see your Institute as a pillar for the socio-economic development of Nigeria and the emancipation of the downtrodden of our society. Without a doubt, your members will continue to discharge the solemn and sacred responsibility of ensuring that the interest of the larger society in Nigeria is not trodden upon; and this you must do with patriotic zeal.” He noted.
The Federal Government has placed Yahaya Bello, the immediate-past governor of Kogi state on its watchlist.
Security agencies in the country have been alerted and the Nigeria Immigration Service, NIS, ordered to arrest him at any entry and exit point.
This was disclosed by the Comptroller General of Immigration Service, Kemi Nanna Nandap, in a memo.
The memo was addressed to the Director General, Department of State Services, DSS, the Inspector General of Police and the Director General, National Intelligence Agency, NIA.
The memo which was signed by ACI DS Umar included the details of Bello’s international passport.
It read in part: “I am directed to inform you that the above named person has been placed on watch list.
“Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for Conspiracy, Breach of Trust and Money Laundering vide letter Ref; CR; 3000/EFCC/LS/EGCS.1/TE/V1/279 dated 18 April 2024. If seen at any entry or exit point, he should be arrested and referred to the Director of Investigation or contact 08036226329/07039617304 for further action.
“Please accept as always the Comptroller General warmest regards and esteem.”
This comes after the Economic and Financial Crimes Commission, EFCC, declared Bello wanted on Thursday.
The Economic and Financial Crimes Commission, EFCC, has declared former governor of Kogi State, Yahaya Bello wanted.
This followed the inability of the former governor to appear before Justice Emeka Nwite of the Federal High Court Abuja on Thursday for his arraignment over alleged N84bn money laundering.
In a post on its official Facebook page on Thursday, the anti-graft agency urged Nigerians with useful information about Bello’s whereabouts to report to the nearest police station.
The post reads, “EFCC Declares Former Kogi Governor Yahaya Bello Wanted. Former Kogi State Governor, Yahaya Bello, is wanted by the EFCC for offences relating to economic and financial crimes to the tune of N80.2 Billion.
“Anybody with information as to his whereabouts should report immediately to the Commission or the nearest Police Station.”
Ahead of the planned arraignment, operatives of the EFCC, Department of State Services, Police and other security agencies on Wednesday besieged Bello’s Abuja residence.
He was, however, sneaked out of the building by the incumbent governor of Kogi State, Usman Ododo.
A Federal High Court in Kano has halted the suspension of the national chairman of the All Progressives Congress, APC, Abdullahi Umar Ganduje.
The ruling came on Wednesday after Ganduje filed an ex parte motion seeking to enforce his fundamental right to fair hearing.
The respondents in the application are the Police, Department of State Services, DSS, Nigeria Security and Civil Defence Corps, NSCDC, and nine others.
On April 16, APC executives in Dawakin Ward, Tofa LGA of Kano State, suspended Ganduje over alleged corruption.
However, the State Working Committee, SWC, of the APC in Kano nullified the suspension and punished the ward executives.
But a Kano High Court presided by Justice Usman Na’Abba upheld the suspension.
In the ex parte order delivered on Wednesday by the Federal High Court and made available to newsmen on Thursday, a Kano High Court presided by Justice A. M Liman ruled that the suspension should not be implemented until the case filed by Ganduje is heard and determined.
“All the respondents, their servants, agents or privies are hereby restrained from implementing and/or giving effect to the purported decision reached during the purported emergency meeting of the alleged executive members of APC Ganduje Ward, held at Ganduje Ward of Dawakin Tofa Local.
“All the parties are hereby mandated to maintain status quo before the purported emergency meeting of the alleged executive members of APC Ganduje Ward, and to stay action in respect of this matter pending the hearing and determination of the substantive application,” Justice Liman said.
The judge subsequently fixed April 30 to hear Ganduje’s suit.
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