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Nigeria Must Embrace Smart Tax Infrastructure, Says CITN President

Ojimaojo Abubakar by Ojimaojo Abubakar
March 19, 2025
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Nigeria Must Embrace Smart Tax Infrastructure, Says CITN President
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By Abubakar Yunusa

The President of the Chartered Institute of Taxation of Nigeria (CITN), Barrister Samuel Agbeluyi, has emphasised the need for Nigeria’s tax system to evolve in line with the digital economy.

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Speaking at the maiden ICT Summit on Taxation in Abuja on Monday, he called for a transition to smart, technology-driven frameworks to enhance revenue generation, curb leakages, and promote voluntary tax compliance.

The event, themed “Building Smart Tax Infrastructures for Economic Growth,” was organised in collaboration with the CISCO UNITE Academy.

Agbeluyi noted that technological advancements and shifting economic paradigms were redefining tax administration, making digital transformation imperative.

“When we speak of ‘Smart Tax Infrastructures,’ we refer to an integrated system where automation, data analytics, and digital platforms simplify tax collection, improve compliance, and enhance transparency while strengthening governance,” he said.

The CITN president stressed the importance of aligning tax administration with the ongoing reforms spearheaded by the Presidential Committee on Fiscal Policy and Tax Reforms.

“Our role as practitioners is to interpret these reforms and align our practices to support their strategic objectives. The CITN remains committed to ensuring that our members stay at the forefront of these changes,” he added.

Delivering the keynote address, Professor Senator Robert Ajayi Boroffice, former Director-General of the National Space Research and Development Agency (NASRDA), underscored the transformative potential of digital tools in taxation.

He highlighted the role of Artificial Intelligence (AI), Blockchain, and Big Data Analytics in enhancing tax collection efficiency and combating fraud.

ALSO READ:  Federal, State, LGs Share N1.678trn Revenue For March

“E-filing systems, real-time transaction monitoring, and AI-driven audits can help governments close revenue leaks while simplifying compliance for businesses and individuals,” Boroffice explained.

He also called for the simplification of tax codes and harmonisation of tax rates to attract foreign direct investment and foster business confidence.

Dr Catherine Ndubisi, Chairperson of the ICT Committee, stressed that Nigeria must keep pace with global trends in tax digitalisation.

She warned that the increasing complexity of financial transactions, the rise of e-commerce, and the expansion of digital assets demanded an urgent shift from traditional tax structures.

“ICT is a game-changer—empowering us to automate processes, strengthen enforcement, combat tax evasion, and broaden the tax base in ways never seen before,” she said

Tags: CITNTaxation
Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

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