The Chartered Institute of Taxation of Nigeria has affirmed that a steady inflow of tax revenue will yield development.
The CITN President, Samuel Agbeluyi, stated this at the All Secondary Schools Tax, in Benin, Edo State on Saturday.
The CITN president said, “Today, we enjoyed the intellectually stimulating display of knowledge in taxation by these students. The process was fair, transparent and it produced the best as the winners.
“Turning to the future, I am excited by the potential of the next generation of tax professionals. The level of knowledge being displayed by the younger generation on taxation speaks profoundly of the caliber of tax professionals that will emerge in the future.
“As you know, taxation is arguably the life wire of any nation. No clime can experience any meaningful development without an effective, efficient, and consistent inflow of tax revenue.”