TIN | InsideOjodu https://www.insideojodu.com ...conecting the community Mon, 10 Jun 2024 17:20:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico TIN | InsideOjodu https://www.insideojodu.com 32 32 Minister says harmonization of NIN, TIN will stop tax evasion https://www.insideojodu.com/minister-says-harmonization-of-nin-tin-will-stop-tax-evasion/ https://www.insideojodu.com/minister-says-harmonization-of-nin-tin-will-stop-tax-evasion/#respond Mon, 10 Jun 2024 17:20:34 +0000 https://www.insideojodu.com/?p=56490 Minister of Interior, Dr. Olubunmi Tunji-Ojo, has stressed the importance of harmonizing the National…

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Minister of Interior, Dr. Olubunmi Tunji-Ojo, has stressed the importance of harmonizing the National Identification Number (NIN) and the Taxpayer Identification Number (TIN) to effectively address tax evasion in Nigeria.

During a recent meeting with Joint Tax Board (JTB) Secretary Olusegun Adesokan, Tunji-Ojo highlighted the need for a unified identification system to prevent tax evasion, emphasizing that integrating NIN with TIN would simplify tracking taxpayers.

He advocated for a close partnership between the Joint Tax Board and the Nigeria Immigration Service to ensure seamless data sharing.

According to a statement from the Ministry of Information and National Orientation, the minister proposed that the NIN serve as a comprehensive security identifier, encompassing tax and other vital information.

The JTB Secretary’s visit aimed at fostering collaboration with the Ministry, enhancing capacity with the Nigerian Immigration Service, and addressing issues related to expatriate data and tax.

Previously, in September 2023, Tunji-Ojo committed to investing in the harmonization of national data through the National Identity Management Commission (NIMC), aiming to end multiple ID registrations and ensure a unified data repository.

He emphasized that success in this initiative would significantly enhance the integrity of Nigeria’s identification systems.

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