The Chartered Institute of Directors Nigeria (CIoDN) has urged businesses to treat tax matters as a core fiduciary issue. This call comes amid ongoing discussions on taxation's role in governance and business operations.
According to a statement highlighted on THISDAYLIVE, the Chartered Institute of Directors Nigeria (CIoDN) is calling on businesses to regard tax compliance as a fundamental fiduciary responsibility. The institute, which represents corporate leaders, emphasizes that proper tax handling is essential for sustainable business practices. No further details on the specific reasons or additional context were provided in the available snippet, though the page also features unrelated headlines such as community criticism of Governor Soludo over a chieftaincy title and the National Insurance Commission's development of a mortality rate table in partnership with UNDP. This urging underscores the growing importance of fiscal duties in Nigeria's business environment amid economic challenges.