Customs, JTB signs MOU to enhance tax management 

 The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MOU) with the Joint Task Board aimed at fostering collaboration and enhancing effective tax management in Nigeria.

 The development, the NCS said, followed a meeting between both parties earlier in January 2024 in which they pledged to fashion out an effective tax system that will be beneficial to the citizens.

 An electronic statement made available to journalists by the Customs indicated that the Comptroller-General of Customs, Bashir Adewale Adeniyi, signed the document alongside the secretary of the Joint Tax Board, Olusegun Adesokan, at the Customs headquarters in Abuja.

 “The purpose of signing the MOU is to strengthen and enrich strategic collaboration towards fostering a vibrant economy for the country. Consequently, it aims to lay a foundation for future endeavours and integrate fiscal policies to enhance data facilitation,” the statement added.

 Olusegun Adesokan was quoted as saying, “As a result of this, the meeting on the 16th of January has indeed reached a milestone. I commend the team for their foresight that led to the successful signing of the MOU.”