LG Autonomy will curb financial unwholesome activities – CITN

Date:

By Joy Baba-Yesufu

The Chartered Institute of Taxation of Nigeria (CITN) has said that the financial autonomy for local government (LG), including appropriate reforms, will curb the unwholesome and uncivilised practice of touting and using non-state actors in revenue collection.
The institute said the initial move, which arose from an unstructured political and ineffective tax system, even though the practice was aimed at augmenting poor revenues, leaves the system very inactive.
Acting Registrar/Chief Executive of CITN, Afolake Oso, in a statement, urged chairmen of local governments to commit themselves to ensuring civil approaches in the collection of taxes and levies due to the local government within the confines of the laws and to allow the proper functioning of the local government revenue committee.
According to her, the rule of law must be upheld in the collection of levies and taxes, including the need to deploy technology and well-trained officers for greater accountability and enhanced collection.
She called for the cooperation of local government chairmen and officials in the implementation of the yet-to-be-released tax reforms being proposed by the Presidential Committee on Tax and Fiscal Policy Reforms headed by Taiwo Oyedele, which she said have great promises for all the tiers of government.
Oso said more than ever before, more accountability, prudence and transparency were required from the players at the local level, toward ensuring judicious use of resources for prompt payment of salaries of workers, provision of health and social services, educational facilities and infrastructural development among others.
The CITN chief executive added that the financial autonomy for local government including appropriate reforms would enhance economic activities leading to improved employment generation, reducing rural-urban migration and level of criminality at sub and national levels.
According to her, this will promote fiscal federalism and true autonomy at the sub-national level, thereby enhancing the delivery of democratic dividends to the populace.

READ MORE  Reps summon CBN governor over decision lifting FX ban on toothpick, cement

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Macron to visit Nigeria October 28

French President Emmanuel Macron is expected to visit Nigeria...

Peller, Jarvis announce first pregnancy two months after wedding

Nigerian TikTok stars Habeeb Hamzat, popularly known as Peller,...

NYSC abduction: Mother pays N6m ransom for son’s release

A mother of one of the prospective National Youth...

Barau-Bichi Feud: Gov Yusuf Quells Kano APC Fire Ahead of 2027

  From Mustapha Adamu, Kano Kano State Governor, Alhaji Abba Kabir...