Harnessing technology and transparency: The future of taxation under Gov Otu

 

By Linus Obogo

At a time when most Nigerian sub-nationals are mired in a dire economic straits and frenetically seeking creative avenues to ensure their financial independence, the Cross River State government, under the leadership of Governor Bassey Edet Otu, is relentless in bolstering its internally generated revenue (IGR).

This was the basis for last week’s inauguration of the board of the state’s Internal Revenue Service (CRBIRS) and the subsequent induction workshop for its member, signaling a renewed commitment to harnessing the power of taxation as a tool for economic empowerment and growth.

At the heart of Governor Otu’s vision is the understanding that a robust IGR is critical for the sustainable development of Cross River State. The opening of the two-day induction workshop at Monty Suites, Calabar, was not just a ceremonial event; it was a clarion call for the newly inaugurated members to embrace their roles as vital agents of change.

This and much more was articulately articulated by the Deputy Governor, H.E. Rt. John Odey, who emphasized the government’s unwavering support for the board’s initiatives aimed at driving revenue growth. His statement that “we envision a state that works for all its people” encapsulates the administration’s resolve to create a more equitable society through effective tax collection.

Nonetheless, the path to achieving this vision is no doubt fraught with challenges, the most obvious being the nagging issue of tax evasion—a practice predominantly entrenched among the upper crust of the society.

ALSO READ: Cross river Anti-Tax Recovers Seize Items, Urges LGAs to Abide by Ayade\’s Tax Exemption Policies

The Deputy Governor’s candid acknowledgment of this reality is crucial; it lays the groundwork for the board to develop strategies that not only combat evasion but also foster a culture of compliance among citizens. The call for timely tax payments is not merely a bureaucratic formality; it is a fundamental aspect of civic duty that underpins the state’s capacity to fund essential services and infrastructure.

Significantly, the induction workshop served as a critical platform for equipping board members with the necessary knowledge and skills to navigate the complexities of the tax landscape effectively. Edwin Okon, the Executive Chairman of the CRSIRS, underscored the significance of this capacity-building initiative. His emphasis on the need for board members to be well-prepared to confront the challenges that lie ahead cannot be overstated. In an increasingly dynamic economic environment, the ability to adapt and respond to emerging issues is paramount.

In addition to professionalizing the board’s operations as clearly enunciated by the facilitator, Barr, Chukwuemeka Eze, the workshop also emphasized the importance of clear and effective communication regarding fiscal policy and tax reforms.

Dr. Esien Ukorebi’s insights into the necessity of clear policy communication highlight a common pitfall in tax administration—the failure to effectively inform citizens about their tax obligations and the benefits derived from compliance. An informed citizenry is more likely to embrace their tax responsibilities, viewing them as contributions to the collective well-being rather than burdensome obligations.
Furthermore, the rapid technological advancements defining the global landscape present an unprecedented opportunity for enhancing tax collection processes.

The Future of the Tax Profession was particularly illuminating. This much was aptly captured in Dr. Eyo Itam’s presentation on the Digital Economy. He urged board members to explore technology-driven strategies, emphasizing that the board must be proactive in leveraging new avenues for revenue collection. In a time when digital transactions are becoming the norm, integrating technology into tax administration is not just advantageous; it is imperative.

From digital platforms that streamline tax filing processes to data analytics tools that enhance compliance monitoring, technology offers myriad solutions that can significantly boost IGR. However, embracing these innovations requires a shift in mindset—a willingness to adapt to change and a commitment to continuous learning.

In specific terms, the induction workshop represents a significant milestone in Cross River State’s strategic vision for enhancing its IGR. The collective insights shared by the facilitators and the discussions among board members reflect a growing recognition of the multifaceted approach required to tackle the challenges of tax collection in Nigeria.

The commitment of Governor Bassey Otu’s government to support the board’s efforts is laudable. It is also essential that given his desire to ramp up revenue generation to meet other critical infrastructure, he will translate his support into actionable strategies that yield tangible results.

Essentially, as the board members embark on their responsibilities, it is hoped that they must prioritize transparency, accountability, and engagement with the public. Public awareness campaigns that demystify taxation and communicate the benefits of tax compliance can help foster a culture that values contribution over evasion.

Moreover, collaboration with other stakeholders—ranging from civil society organizations to the private sector—can amplify the board’s efforts in tax education and compliance. By building coalitions and fostering partnerships, the CRBIRS can create a more inclusive approach to tax administration that resonates with all segments of society.

As Governor Otu and his administration chart a new course for the state, the focus on boosting IGR through strategic positioning is not merely an economic necessity; it is also a pragmatic imperative. The potential for increased revenue generation can translate into enhanced public services, improved infrastructure, and ultimately, a better quality of life for the citizens of Cross River.

There is no denying the fact that the journey ahead will undoubtedly be fraught with challenges—resistance to tax compliance, the complexities of tax laws, and the ever-evolving economic landscape. However, with a determined and well-equipped board at the helm, supported by a government that prioritizes transparency and accountability, the state is poised to navigate these challenges effectively.

Futuristically, therefore, the strategic positioning of the Cross River Board of Internal Revenue Service under Governor Otu represents a beacon of hope for the state’s economic future. This is hoping that as the new members embark on their roles, they carry with them the weight of expectation and the promise of transformation. By embracing professionalism, leveraging technology, and fostering public engagement, they can drive a new era of revenue generation that empowers the state and its citizenry. With the inauguration of the new board, the vision of a prosperous Cross River State can be said to be clearly within reach, and it is the collective responsibility of all stakeholders to make it a reality.

Obogo is Special Adviser to Governor Otu of Cross River State on Media and Publicity.
linusobogo@gmail.com

Leave a Comment

Your email address will not be published. Required fields are marked *