By Simon Ebegbulem
BENIN—Chairman, Joint District Society of Chartered Institute of Taxation of Nigeria, CITN, Mr Joshua Asuquo, has urged states of the federation to emulate the tax policy of Edo State Government so as to survive the current economic hardship.
Commending the Chairman of the state Board of Internal Revenue, Chief Useni Elamah, on the transformation in that sector, he warned that unless states block all leakages in their budgetary system and strengthen their taxation, it may be difficult for them to meet their financial obligations.
He gave the commendation when he led other executives of CITN on a courtesy visit to the office of the Chairman of the Board, Chief Elamah.
Asuquo, who is also the Chairman, technical committee on the South-South Zonal Conference of CITN, stated that their visit was to acquaint the chairman with their forth coming maiden South-South Zonal Conference of the CITN slated for Port Harcourt, Rivers State in January 2016.
He acknowledged the facelift brought to bear in the revenue system by Chief Elamah, adding that the policy put in place cannot be matched in the country, judging by the present enviable profile of the state internally generated revenue (IGR) unlike in the past.