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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. 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-based Chartered Institute of Taxation. 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 Associati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lagos
Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national capital of Nigeria until December 1991 following the Government of Nigeria, government's decision to move their capital to Abuja in the center of the country. The Lagos metropolitan area has a total Population and housing censuses by country, population of roughly 23.5 million as of 2018, making it List of urban areas in Africa by population, the largest metropolitan area in Africa. Lagos is a major African financial center and is the economic hub of Lagos State and Nigeria at large. The city has been described as the cultural, financial, and entertainment capital of Africa, and is a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion. Lagos is also among the top ten of the world's fast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rasaq Adekunle Quadri
Prince Rasaq Adekunle Quadri is a Nigerian accountant who was President of the Chartered Institute of Taxation of Nigeria (CITN) from 2009 to 2011, and was elected the first President of the West African Union of Tax Institutes (WAUTI) in March 2011. Birth and education Quadri's father was a Tax Practitioner and Chartered Accountant, and his mother was a businesswoman. He was raised in Lagos State, then went to the Federal Polytechnic, Idah in Kogi State where he earned a Higher National Diploma in Accountancy in 1985. He passed the examinations of the Institute of Chartered Accountants of Nigeria (ICAN) in May 1987 to become a Chartered Accountant. In 1990 he became an associate member of the Chartered Institute of Taxation of Nigeria (CITN), and in 1995 he became a fellow of ICAN and a fellow of CITN. Professional career Quadri began work as an Audit Trainee with Ogunbajo Okubule & Co. in 1982. He worked in his father's firm, Oladipupo Quadri & Co. (Chartered Accountants) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Practitioner Associations
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Associations Based In Nigeria
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Established In 1982
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Nigeria
The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity and the largest Sub Saharan Africa’s economy. Nigeria has the largest economy in Africa. The country's re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the region of West Africa. In addition, the debt-to-GDP ratio. Nigerian GDP at purchasing power parity (PPP) has almost tripled from $170 billion in 2000 to $451 billion in 2012 ,though estimates of the size of the informal sector (which is not included in official figures) put the actual numbers closer to $630 billion. Subsequently, the GDP per capita doubled from $1400 per person in 2000 to an estimated $2,800 per person ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Nation (Nigeria)
''The Nation'' is a daily newspaper published in Lagos, Nigeria. According to a 2009 survey it was the second-most-read newspaper in Nigeria, and this result was repeated in a 2011 report by The Advertisers' Association of Nigeria (ADVANS). The paper's website says it stands for freedom, justice and the market economy. Its target audience is the business and political elite, the affluent, the educated and the upwardly mobile. ''The Nation'' has printing plants in Lagos, Abuja and Port Harcourt. The newspaper covers business and economy, public policies, the democratic process and institutions of democracy, sports, arts and culture. The newspaper became the first of its kind to gain nationwide circulation across the 36 states of Nigeria within two years of operation. This was a result of its popular eight-page pull-out Thursday publication titled ''Campuslife'', a medium specially dedicated to student journalists and writers across the tertiary institutions in Nigeria. The ''Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa Institute Of Taxation
The South African Institute of Tax Professionals (SAIT) is a recognised professional body focusing solely on taxation. It is a registered professional body under the National Qualifications Framework Act, 2008. The Institute is a professional association of tax professionals regulating tax practitioners in South Africa. SAIT promotes and focuses on the public interest, professional standards, ethics and integrity, albeit promoting the tax industry and its members. Formation and activities SAIT is a not for profit professional body incorporated in 2007 by a group of tax professionals and educators. The SAIT is governed by a Constitution, with a Board elected by members. When SAIT was formed in 2007 by its main founder Stiaan Klue, the Institute announced that one member of the Board may be nominated by the South African Revenue Service (SARS). SARS said they agreed in principle with the general objectives of SAIT. In 2014 SAICA joined SAIT and other SARS recognised controlling bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Accountants of Nigeria (ANAN). The relationship between the two organizations has been tense. In 2007 ICAN attempted to have a bill declaring ANAN void. Formation and growth The Association of Accountants of Nigeria (AAN) was formed in 1960 with the goal of training accountants, and was established in part by Akintola Williams. ICAN was created by an Act of Parliament No. 15 on 1 September 1965 from existing accounting and auditing organisations including the AAN, and is headquartered in Lagos. As of 2020, ICAN has over 50,000 members. Standards and authority ICAN has based its practices on those of British chartered accountancy institutes. Nigeria adopted international accounting standards with little modification. It is a member of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West African Union Of Tax Institutes
The West African Union of Tax Institutes (WAUTI) is an association formed by the Chartered Institute of Taxation of Nigeria (CITN) and the Chartered Institute of Taxation of Ghana (CITG) with the objective of developing and promoting the taxation profession in West Africa. A nationally recognized taxation institute or organization in a West African country is eligible for full membership. Inauguration The union was inaugurated on 11 May 2011 by James Victor Gbeho, President of the Economic Community of West African States (ECOWAS). The ceremony was held during the 13th Annual Tax Conference organized by the CITN. The first president of the union is Prince Rasaq 'Kunle Quadri, former president of the CITN. Speaking at the inauguration, Quadri stated that the WAUTI, which was being funded by the CITN and CITG, needed about $136,776 for the first year of operation. This would cover capital requirements, wages and other operational expenses. Speaking to reporters, Quadri said "it is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Ministry Of Education (Nigeria)
The Federal Ministry of Education is a part of the Federal Ministries of Nigeria that directs education in Nigeria. It is located at Block 5A (8th Floor), Federal Secretariat Complex, Shehu Shagari Way, Central Area, P.M.B. 146, Garki, Abuja. History President Muhammadu Buhari appointed Adamu Adamu, a well-known journalist as the minister for education in November 2015. Mission "Our mission is to use education as a tool for fostering the development of all Nigerian citizens to their full potentials, in the promotion of a strong, democratic, egalitarian, prosperous, indivisible and indissoluble sovereign nation under God.” Organisation Its functions include: * Formulating a national policy on education. * Collecting and collating data for purposes of educational planning and financing. * Maintaining uniform standards of education throughout the country. * Controlling the quality of education in the country through the supervisory role of the Inspectorate Services Departme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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