CITN to host workshop for media practitioners on taxation reporting

The Chartered Institute of Taxation of Nigeria (CITN) will host a one-day workshop aimed at enhancing the knowledge of media practitioners and finance reporters, particularly members of the Finance Correspondents Association of Nigeria (FICAN).

Scheduled for Wednesday, December 4, 2024, at 9:00 a.m., the workshop intends to improve journalists’ understanding of taxation terminologies and contemporary issues, equipping them to better inform and educate the public on emerging tax matters.

This capacity-building session, designed to be both educational and interactive, will begin with a press briefing by CITN President, Mr. Samuel Agbeluyi, FCIT, at the Institute’s Lagos office. Additionally, three resource persons will present papers on the following topics: Basic Taxation Terminologies, Tax Administration and Practice for Beginners, and Tax Reporting for Media Practitioners.

In a joint statement signed by FICAN’s National Chairman, Mr. Chima Titus Nwokoji, and Prof. Godwin Oyedokun, Chairman of CITN’s Committee on Branding, Publicity, and Publications, the workshop was described as a platform to deepen journalists’ understanding of tax-related issues and improve the quality of tax reporting in Nigeria.

“It promises to be highly interactive. The occasion will also be used to introduce an annual award for the Best Tax Reporter/Correspondent of the Year. Certificates will be issued to participants, who will also receive the Institute’s memorabilia,” the statement highlighted.

This initiative reflects CITN’s commitment to capacity building and acknowledges the vital role media practitioners play in promoting public awareness and understanding of tax practice, administration, laws, and policies.

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The Chartered Institute of Taxation of Nigeria was established on February 4, 1982, as the Association of Tax Administrators and Practitioners. It later evolved into the Nigeria Institute of Taxation, officially launched on February 21, 1982, and registered as a company limited by guarantee on May 6, 1987.

The Institute was chartered by the Federal Government of Nigeria through the enabling Act No. 76 of 1992 (now CITN Act, Cap. C10, Vol. 2, Laws of the Federation of Nigeria, 2004). It is tasked with determining the standards of knowledge and skills required for individuals aspiring to become professional tax practitioners or administrators.

FICAN, an affiliate of the Nigeria Union of Journalists (NUJ), was established to provide a platform for training and retraining finance journalists on informed reporting of the financial sector and the economy. Its interests extend to fostering interaction among finance reporters, correspondents, and editors across electronic, print, and online media nationwide.

This collaborative effort between CITN and FICAN underscores their shared goal of empowering journalists with the knowledge needed to enhance financial reporting in Nigeria.

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