Customs, JTB Sign MoU For Effective Tax Management

In a bid to foster an effective tax management system in Nigeria, the Nigeria Customs Service (NCS), Monday, March 18, 2024 and the Joint Tax Board (JTB) have signed a Memorandum of Understanding (MoU).

The Comptroller-General of Customs, CGC Bashir Adewale Adeniyi signed this MOU with the JTB at the service’s headquarters in Abuja.

According to a statement released by the service’s National Public Relations Officer, Abdullahi Maiwada, the signing of the MoU comes on the heels of an earlier meeting between both organizations in January 2024.

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The MOU was signed during a courtesy visit by the Secretary of the JTB, Olusegun Adesokan, to the NCS aiming to foster collaboration and enhance effective tax management in Nigeria; even as the Customs CGC emphasised the collective efforts invested in finalising the MOU.

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.

On his part, the Executive Secretary of the Joint Tax Board, Olusegun Adesokan, extended his deepest appreciation to the Comptroller-General of Customs and the service.

“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,” Olusegun said.