The Chartered Institute of Taxation of Nigeria (CITN) is a professional organization in
Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
whose members are certified as qualified tax practitioners or administrators.
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Organization
The CITN was formed in February 1982 and chartered by the Federal Government of Nigeria by the enabling Act No. 76 of 1992.[ 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. The CITN offers an Advanced Diploma in International Taxation to CITN members who work in international tax.][ The CITN has been criticized for not providing enough training to members at subsidized rates.
]
Affiliations
The CITN cooperates with the United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
-based Chartered Institute of Taxation
The Chartered Institute of Taxation (CIOT) is a registered charity (number 1037771) and the leading professional body in the United Kingdom concerned solely with taxation. The CIOT deals with all aspects of direct and indirect taxation.
Activit ...
.[ CITN is also affiliated with the South African Institute of Tax Practitioners and the West African Union of Tax Institutes. The CITN has a working relationship with the Association of National Accountants of Nigeria (ANAN) to promote ]XBRL
XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL allows the expression of semantic meaning commonly required in business reporting. The language is XML-based an ...
recommendations and specifications in Nigeria. The CITN is a member of the Financial Reporting Council of Nigeria
The Financial Reporting Council (FRC) of Nigeria, formerly the Nigerian Accounting Standards Board (NASB), is an organization charged with setting accounting standards in Nigeria. On Thursday, 6 May 2021, Shuaibu Adamu Ahmed was inaugurated by the ...
. The CITN is also a member of the International Tax Directors Forum (ITDF) and the Association of African Tax Institutes (AATI).
Council Members (2021/2022)
Council members of 2021/2022:
* President – Adesina Isaac Adedayo FCTI
* Vice President – Samuel Olushola AGBELUYI FCTI
* Deputy Vice President – Innocent Chinyere OHAGWA FCTI
* Honorary Treasurer – Simon Nwanmaghyi Kato FCTI
* Immediate Past President – Dame Gladys Olajumoke Simplice, FCTI
* Exco Member – Dr. Justina Adaku Okoror FCTI
* Members: Dr. Titilayo Eni-Itan Fowokan FCTI, Prof. Godwin Emmanuel Oyedokun FCTI, Kolawole Ezekiel Babarinde FCTI, Ruth Oluwabamike Arokoyo FCTI, Cecilia Odefenare Odibo FCTI, Taopheeq Ade-Tunde Oretuga FCTI, Isola Olurotimi Akingabde FCTI, Sheriff Adeyemi Sanni FCTI, Emeke Monday Nwabuzor FCTI
* Representing CITN in the House of Representatives
House of Representatives is the name of legislative bodies in many countries and sub-national entitles. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often c ...
– The Honourable Mahuta Babangida Ibrahim FCTI
* Representing the Executive Chairman of Federal Inland Revenue Service – Abba Kabir FCTI
* Representative of Tertiary Education (Universities) – Prof. Mohammad Akaro Mainoma FCTI
* Representative of Tertiary Education (Polytechnics) – Adamu Bello Lawal ACTI
* Representatives of Joint Tax Board: Aminu Darabati Abdulmumin FCTI and Monday John Onyeme FCTI
* Representative of Federal Ministry of Finance – Hajia Fatima Z. Hayatu
* Representative of Federal Ministry of Education – Adegboye Adebayo ACTI
* Representative of North-Eastern Region – Ali Manga Bulama FCTI
* Legal Advisors: Chukwuemeka Eze FCTI, Abiodun A. Olatunji SAN ACTI, Layi Babatunde SAN FCTI, Charles Amajuoritse Ajuyah SAN ACTI, Prof. Abdulmumini Bala Ahmed ACTI
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.[ In May 2011, Sebastian Owuama, President of ]Institute of Chartered Accountants of Nigeria
The Institute of Chartered Accountants of Nigeria (ICAN) is a professional accountancy body in Nigeria. It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National ...
, attended the annual tax conference of the CITN in Abuja where he called for an end to the squabble between ICAN and the CITN.
References
{{reflist , refs=
[{{cite web
, url=http://www.tax.org.uk/adit/aditnoticeboard/President+of+the+Chartered+Institute+of+Taxation+of+Nigeria+visits+CIOT
, title=President of the Chartered Institute of Taxation of Nigeria visits CIOT
, publisher=Chartered Institute of Taxation
, accessdate=2011-06-01
, archive-url=https://web.archive.org/web/20110927221256/http://www.tax.org.uk/adit/aditnoticeboard/President+of+the+Chartered+Institute+of+Taxation+of+Nigeria+visits+CIOT
, archive-date=2011-09-27
, url-status=dead
]
[{{cite web
, url=http://www.citn.org/newsdt.php?news=247
, title=CITN IMMEDIATE PAST PRESIDENT BECOMES FIRST WAUTI PRESIDENT
, publisher=CITN
, date=2011-03-16
, accessdate=2011-06-04]
[{{cite web
, url=http://www.citn.org/institute.php
, title=About The Institute
, publisher=Chartered Institute of Taxation of Nigeria
, accessdate=2011-06-01]
Economy of Nigeria
Organizations established in 1982
Professional associations based in Nigeria
Tax practitioner associations
Organizations based in Lagos
1982 establishments in Nigeria