Customs forges alliance with Joint Tax Board to boost economic management

March 19, 2024

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Customs forges alliance with Joint Tax Board to boost economic management (Photos)

In a significant stride towards promoting effective tax management in Nigeria, the Nigeria Customs Service (NCS) and the Joint Tax Board joined forces through the signing of a Memorandum of Understanding (MOU) on Monday, 18th March 2024.

The pivotal ceremony took place at the NCS headquarters in Abuja, solidifying the commitment to collaborative efforts.

The initiative stemmed from a meeting held on the 16th of January 2024 between the NCS and the Joint Task Board, culminating in the formal agreement signed by the Comptroller-General of Customs, CGC Bashir Adewale Adeniyi MFR, and the Secretary of the Joint Tax Board, Olusegun Adesokan.

During the courtesy visit, both parties underscored the significance of the MOU in fostering synergistic relationships aimed at bolstering the nation’s economy.

The MOU is designed to not only fortify existing collaborations but also to pave the way for innovative initiatives and cohesive fiscal policies that enhance data exchange and facilitate streamlined processes.

The Executive Secretary of the Joint Tax Board, Olusegun Adesokan, expressed gratitude towards the dedication and foresight exhibited by the NCS team, remarking, “The successful signing of the MOU signifies a milestone achievement resulting from the collective efforts and vision showcased during the meeting on the 16th of January.”

The partnership highlights a concerted commitment to advancing economic prosperity and harmonious tax management practices in the country, setting a positive precedent for future endeavors.

See pictures below: