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CITN Lagos District Society Reports 28% Income Growth

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.

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