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Nigeria customs inks MoU with JTB for tax management

24 Mar '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • The Memorandum of Understanding between Nigeria Customs Service and the Joint Tax Board aims to bolster collaboration and improve tax management across Nigeria.
  • Comptroller-general of Nigeria Customs Service, Adewale Adeniyi underscored the collective efforts invested in finalising the MoU, highlighting its significance in fostering a robust economy.
The comptroller-general of Nigeria Customs Service (NCS), Adewale Adeniyi, alongside the Joint Tax Board, signed a Memorandum of Understanding (MoU) at the NCS headquarters in Abuja recently.

This MoU, facilitated during a visit by the secretary of the Joint Tax Board, Olusegun Adesokan, aims to bolster collaboration and improve tax management across Nigeria.

This is as per media reports, which added Adeniyi underscored the collective efforts invested in finalising the MoU, highlighting its significance in fostering a robust economy.

He emphasised its role in laying the groundwork for future initiatives and integrating fiscal policies to streamline data facilitation.

Expressing gratitude, Adesokan commended the comptroller-general and the NCS for their dedication, hailing the successful signing of the MoU as a significant milestone reached during a meeting held on January 16.

Additionally, the Nigeria Customs Service has spearheaded an Authorised Economic Operators (AEO) programme to enhance trade facilitation efficiency and predictability.

Adeniyi, addressing stakeholders during a meeting in Abuja, elaborated on how the programme will foster collaboration among customs and other governmental bodies, further enhancing trade facilitation efforts in the country.

Fibre2Fashion News Desk (DR)

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