Chartered Institute of Taxation of Nigeria

The Chartered Institute of Taxation of Nigeria (CITN) is a professional organization in Nigeria whose members are certified as qualified tax practitioners or administrators.[1]

Chartered Institute of Taxation of Nigeria
AbbreviationCITN
FormationFebruary 1, 1982 (1982-02-01)
HeadquartersAlausa Ikeja, Lagos, Nigeria
Region
Nigeria
Official language
English
President
Dame Gladys Olajumoke Simplice
Vice President
Adesina Isaac Adedayo
Websitewww.citn.org

Organization

The CITN was formed in February 1982 and chartered by the Federal Government of Nigeria by the enabling Act No. 76 of 1992.[1] Members of the institute may be Accounting, Legal or other professionals who have obtained the relevant tax expertise. The institute provides training and conducts examinations to determine eligibility.[2] The CITN offers an Advanced Diploma in International Taxation to CITN members who work in international tax.[3] The CITN has been criticized for not providing enough training to members at subsidized rates.[4]

Affiliations

The CITN cooperates with the United Kingdom-based Chartered Institute of Taxation.[3] CITN is also affiliated with the South African Institute of Tax Practitioners and the West African Union of Tax Institutes.[5][6] The CITN has a working relationship with the Association of National Accountants of Nigeria (ANAN) to promote XBRL recommendations and specifications in Nigeria.[7] The CITN is a member of the Financial Reporting Council of Nigeria.[8] The CITN is also a member of the International Tax Directors Forum (ITDF) and the Association of African Tax Institutes (AATI).


Current Council Members (2020/2021)

CURRENT COUNCIL MEMBERS IN THE YEAR 2020 DAME GLADYS OLAJUMOKE SIMPLICE, FCTI - PRESIDENT/CHAIRMAN IN COUNCIL MR. ADESINA ISAAC ADEDAYO, FCTI - VICE PRESIDENT BARRISTER SAMUEL OLUSHOLA AGBELUYI, FCTI - DEPUTY VICE PRESIDENT MR. INNOCENT CHINYERE OHAGWA, FCTI - HONOURARY TREASURER DR. CYRIL IKEMEFUNA EDE, FCTI - IMMEDIATE PAST PRESIDENT DR. JUSTINA ADAKU OKOROR, FCTI PASTOR BENJAMIN OMONAYAJO, FCTI DR. TITILAYO FOWOKAN, FCTI PROF. GODWIN EMMANUEL OYEDOKUN, FCTI MR. SIMON NWANMAGHYI KATO, FCTI MR. KOLAWOLE EZEKIEL BABARINDE, FCTI ALH. MUHAMMAD KABIR UMAR PASTOR IGHO OTERIJI ORIENRU MRS. RUTH AROKOYO MRS. CECILIA ODIBO MR. TUNDE ORETUGA MR. EZRA ZUBAIRU - REPRESENTING CHAIRMAN, FEDERAL INLAND REVENUE SERVICE HON. MAHUTA BABANGIDA IBRAHIM - REP. CITN IN THE HOUSE OF REPRESENTATATIVES PROF. MUHAMMAD A. MAINOMA - REPRESENTING TERTIARY EDUCATION (UNIVERSITIES) PRINCE ADEBANJO ADETOKUNBO - REPRESENTING FEDERAL MINISTRY OF EDUCATION MR. ALI MANGA BULAMA - REPRESENTING NORTH SOUTH ZONE HAJIA FATIMA Z. HAYATU - REPRESENTING FEDERAL MINISTRY OF FINANCE ALH. LAWAL ADAMU - REPRESENTATING TERTIARY EDUCATION (POLYTECHNICS) SIR MONDAY JOHN ONYEME, FCTI - REPRESENTING JOINT TAX BOARD ALHAJI AMINU D. ABDULMUMMIN, FCTI - REPRESENTING JOINT TAX BOARD

In the news

In March 2011 Prince Rasaq Adekunle Quadri, former President of the CITN, was elected the first President of the West African Union of Tax Institutes (WAUTI). WAUTI is the umbrella body of tax Institutes in the region.[9] In May 2011 Sebastian Owuama, President of Institute of Chartered Accountants of Nigeria, attended the annual tax conference of the CITN in Abuja where he called for an end to the squabble between ICAN and the CITN.[10] In June 2011 Sunday Jegede, president of the CITN, was elected first President of the Association of African Tax Institutes (AATI). The AATI was formally inaugurated in South Africa in October 2011 during the Annual Tax Conference of the South Africa Institute of Taxation.[11]


References
  1. "About The Institute". Chartered Institute of Taxation of Nigeria. Retrieved 2011-06-01.
  2. "Chartered Institute of Taxation of Nigeria (CITN)". Gusau Business School. Archived from the original on 2011-05-22. Retrieved 2011-06-01.
  3. "President of the Chartered Institute of Taxation of Nigeria visits CIOT". Chartered Institute of Taxation. Archived from the original on 2011-09-27. Retrieved 2011-06-01.
  4. IHEANYI NWACHUKWU (19 May 2011). "ICAN, CITN agree to down divide". Business Day (Nigeria). Archived from the original on 28 September 2011. Retrieved 2011-05-30.
  5. "International Partners". South African Institute of Tax Practitioners. Retrieved 2011-06-04.
  6. "Inauguration of West African Union of Tax Institutes". WAUTI. Archived from the original on 2012-03-24. Retrieved 2011-06-04.
  7. "Nigeria". xbrlplanet. Retrieved 2011-06-04.
  8. "Member Bodies". NASB. Archived from the original on 2011-09-28. Retrieved 2011-06-05.
  9. "CITN IMMEDIATE PAST PRESIDENT BECOMES FIRST WAUTI PRESIDENT". CITN. 2011-03-16. Retrieved 2011-06-04.
  10. IHEANYI NWACHUKWU (19 May 2011). "ICAN, CITN agree to down divide". Business Day (Nigeria). Archived from the original on 28 September 2011. Retrieved 2011-06-01.
  11. Collins Nweze (2011-06-29). "CITN networks with global tax institutes". The Nation (Nigeria). Archived from the original on 2012-03-23. Retrieved 2011-06-29.
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