The Chartered Institute of Taxation of Nigeria (CITN), on Monday presented practice licence certificate to 43 new members to enable them practise as Certified Chartered Tax practitioners.
The President of CITN, Dame Olajumoke Simplice, made the disclosure at the Official Presentation of Licence to Practice, Seal and Stamps to Qualified Tax Practitioners in Lagos.
She said the exercise was in line with the Mandates and Acts of the institute and growing the tax administration system of the country.
According to her, the presentation signifies commitment on the part of the new members to become ambassadors of the profession at all times.
She, therefore, urged the new members to uphold the principles of professionalism and contribute their quota to ensuring effective and efficient tax administration system in Nigeria.
“Professionalism remains the driver of developed economies and jurisdictions, the world over. In developed economies, specialisation is the order of the day as its benefits far outweigh any known demerits” She maintained.
The Registrar and Chief Executive Officer, CITN, Mr Adefisayo Awogbade said that only 43 out of many who applied for the certification satisfied the requirements set out by CITN Council for the issuance of license to practice.
According to him, the institute has taken a review of the requirements to be met by applicants seeking to be licensed tax practitioners.
One of the recipients, Mrs Ngozi Nwankwo, expressed the readiness of the new members to enhance the integrity and reputation of the profession in their service delivery.