The Chartered Institute of Taxation of Nigeria (CITN) and the Fowokan Group have expressed support for Nigeria's newly appointed Finance Minister, urging a focus on tax reforms and fiscal discipline. The groups set specific reform targets to boost revenue and economic stability.
In a joint statement, CITN President Samuel Agbeluyi and Fowokan Chairman Adebayo Ogunlesi emphasized the need for a comprehensive tax overhaul, including broadening the tax base and improving compliance. They also called for transparent budgeting and reduced government borrowing.
The endorsement comes amid Nigeria's economic challenges, including high inflation and debt servicing costs. The new minister, whose appointment was confirmed on April 20, 2026, has pledged to prioritize economic recovery and investor confidence.
