CITN Inducts New Associates, Emphasizes Ethical Standards

The Chartered Institute of Taxation of Nigeria (CITN) held its 54th induction ceremony on Tuesday, formally admitting a new cohort of associates. Dr. Yemi Sanni, Chairman of the Membership and Professional Conduct Committee, urged the newly licensed practitioners to uphold the highest standards of professional ethics, highlighting the critical role of the tax profession in Nigeria's ongoing tax reforms.

The event took place at the Tax Profession House in Alausa, Ikeja. Mr. Innoc Ohagwa, the 17th President of CITN, emphasized the importance of the tax profession during a transformative period for Nigeria's tax system, which is undergoing significant reforms.

He noted that the introduction of a new tax administration framework and harmonized tax laws is reshaping local practices. Mr. Killian Khanoba, a senior partner at Kreston Pedabo, discussed the necessity for practitioners to adapt to mandatory electronic platforms and navigate compliance risks effectively.

The ceremony also reiterated the importance of maintaining integrity and professionalism within the tax sector.