NIN, TIN harmonisation to fight tax evasion – Minister

Date:

June 12, 2024.

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Azonuchechi Chukwu.

The Minister of Interior, Dr Olubunmi Tunji-Ojo, has emphasised the need for the National Identification Number (NIN) and the Taxpayer Identification Number (TIN) to be harmonised to address tax evasion in the country.

Tunji-Ojo stated this when he hosted the Secretary of the Joint Tax Board (JTB), Olusegun Adesokan, in his office recently.

According to a statement obtained from the Ministry of Information and National Orientation signed by Director Press and Public Relations, Ozoya Imohimi, on Sunday, the minister decried the issue of tax evasion.

He said, “Technologically if there is a way we can make our NIN and TIN one number, we will make it difficult for people to evade tax. The relationship between the Joint Tax Board and the Nigeria Immigration Service should be like Siamese twins. If there is a synergy, a lot will be achieved.

“NIN of Nigerians should be the unique security identifier, as it would display tax status and all the relevant information needed. He added that the JTB should create solutions to the harmonisation of Data and identity systems.”

On his part, the Secretary of JTB said his working visit to the Ministry was aimed to seek further meaningful collaboration with the ministry, enhancing capacity building with the Nigerian Immigration Service (NIS) and commence dialogue on issues relating to expatriate data, and expatriate tax.

Recall in September 2023 the minister promised that the federal government would invest in the harmonisation of the country’s data through the NIMC, assuring that the era of multiple ID registrations would be soon over in the country.

In a statement issued by his Media Adviser, Babatunde Alao, Tunji-Ojo said, ‘We must have an interior hub. A massive data centre where we will have all our identity information documented. Data harmonisation is key. If we succeed at the Ministry of Interior, the success will start with NIMC. The integrity of our travel document must be restored through the harmonisation of our data.’ (www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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