CITN Lagos District Society Reports 28% Income Growth
The CITN Lagos District Society announced a 28% increase in total income for the fiscal year ending December 31, 2025, during its 26th annual general meeting held at the Tax Profession House in CBD Alausa, Ikeja, Lagos State. The financial report, compiled by the executive committee, highlighted that this growth was driven by a combination of member donations and corporate sponsorships, alongside strategic fundraising events.
Dr. Ganiyu Oluwashola, the treasurer, expressed optimism about the society's newly fortified balance sheet, which exceeded fiscal goals despite economic challenges. The meeting also marked the election of a new executive team for the 2026-2028 chairmanship, consisting of Mr. Yetund Olowofoyeku as chairman, Mr. David Apaflo as vice chairman, and Dr. Temitayo Falor as deputy vice chairman.
The society's membership grew from 498 to 658 members, reflecting an influx of 97 newly registered tax professionals.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
Read full article
Continue on Punch Newspapers
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
CIBN Lagos State Branch Reports N264m in Assets Growth
Lagos State Tax Revenue Hits N1.44 Trillion in 2025
CITN and ANAN Retreat in Kano Focuses on Fiscal Reforms
Appeal Court Confirms CITN's Authority in Tax Regulation
Lagos State Saves N118.32bn, Faces N19.72bn Fire Losses
FAAC Reports N18.72tn Revenue, N12.59tn Disbursed in 2026
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
