I feel pretty elated today for lots of reasons, but I would mention just a few. I am currently attending the Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN), the biggest gathering of tax practitioners and professionals in Nigeria. It is no doubt that in recent times, taxation has indeed come to take its seat at the table as the mainstay of the economy and the sporadic shift from reliance on oil some years ago to the reliance on the revenue from taxation has made most Nigerians take taxation more seriously.
I saw men and women in their numbers attending the conference and listening with rapt attention to the papers, panel sessions, presentations and a host of other offerings this awesome event had to offer. It is Day 3 now and I make bold to say the 21st Annual Tax Conference is one to be remembered for a long time to come. The theme of this year’s conference, ‘National Development: Unlocking the Potentials of Taxation’ resonated with the current realities of our nation and how taxation should not just be viewed as a means of government reaping from its citizens but on how through taxation, national development could truly be enhanced.