Ohagwa explained that although the reforms—already assented to by President Bola Tinubu—are designed to simplify Nigeria’s tax environment, taxpayers who fail to meet current obligations could face complications when the Acts take effect next year. He noted that the year-long window before implementation is intended for sensitisation and planning.
Addressing journalists at the event, he stressed that the concerns circulating around the reforms are unnecessary, reassuring that contentious areas are being addressed. However, he cautioned that individuals and companies outside the tax net should act promptly. According to him, advancements in technology will make it increasingly difficult for non-compliant taxpayers to conceal irregularities once the reforms begin to operate fully.
Ohagwa also urged incoming tax professionals to support the evolving system, noting that their expertise is needed at a time of heightened regulatory changes. He described the reforms as catalysts for easing business processes, with harmonised tax structures and protections for vulnerable and low-income groups. While tax exemptions apply to these categories, he emphasised the continued necessity of obtaining tax identification numbers to ensure proper documentation once taxable activities commence.
The CITN president reiterated the institute’s commitment to promoting voluntary compliance, highlighting that many incentives and waivers embedded in the reforms can only be accessed when taxpayers fulfil their obligations.
During the same programme, Deloitte Associate Director Joseph Alatishe underscored the need for readiness among professionals and businesses. He advised companies to conduct impact assessments ahead of the reforms and encouraged tax practitioners to build knowledge in areas where Nigeria’s evolving system mirrors changes in other jurisdictions. According to him, institutions like CITN play a vital role in ensuring continuous learning.
Alatishe further explained the significance of the pre-induction process, noting that it precedes the formal induction of new chartered tax professionals. Candidates, he said, must demonstrate ethical grounding and technical competence to support Nigeria’s growing tax system.
In her welcome address, Deputy Director of the CITN Tax Academy, Mrs. Yetunde Suleiman, reminded participants of their responsibilities as future ambassadors of the institute. She encouraged them to uphold ethical standards, demonstrate mastery of tax principles, and contribute to national development through responsible tax administration. Suleiman affirmed the academy’s commitment to providing the tools and support required for successful careers in taxation, urging trainees to remain focused, disciplined, and driven throughout their professional journey.