The Chartered Institute of Taxation of Nigeria has recommended that Nigerian tertiary institutions establish tax societies in the appropriate departments in order to introduce students to career options in the tax industry.
The Punch reported that the Chairman of the CITN Students Affairs and Tertiary Education Relations Committee, Dr. Ruth Adimula, stated this during the inaugural edition of the Association of Nigerian Taxation Students National Essay Competition in Lagos.
Chiamaka Precious of the University of Ilorin took first place and received N200,000; Chiemezue Felix of the University of Nigeria, Nsukka took second place and received N150,000; and Morenike Oyeleke of the University of Lagos took third place and received N100,000.
“We hereby call on the leadership of tertiary institutions in Nigeria to establish tax associations/tax clubs in relevant departments of their academic institutions and also register with ANTAS to expose their students to the ongoing opportunities that CITN and ANTAS offer to develop future leaders who will take over the management of this nation’s fiscal and economic wealth.
“This is necessary knowing that revenue generation dwindling in crude oil is opening doors for taxation to shape national income,” Adimula said.
Adimula also stated that the CITN Students Affairs and Tertiary Relation Committee is the CITN supervisory committee for ANTAS, with the primary goal of directing ANTAS to ensure their operations conform with the institute’s basic values.
“ANTAS intention is to also make formal contributions to the ongoing debate on tax reforms, by inviting the top members of its membership from all over the nation to make submissions,” Adimula continued.
She said, “84 ANTAS members enrolled for the essay competition, and 34 essay entries were received for the first stage competition, with the topic ‘Fiscal policy and tax reforms: The Implications for National Development in Nigeria’s High Inflation Economy.”
