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Tax experts canvass adoption of Gender-based budgeting

Executives of Society of Women in Taxation at the retreat

The Joint Tax Board, JTB has advocated the adoption of Gender based budgeting as a means of addressing the gaps in the development of women and girls.

The Executive Secretary of the Board, Hajya Nana Aisha made the call at a leadership retreat of the Society for Women in Taxation with the theme ‘Gender Budgeting and Taxation’.

Hajya Aisha said in sub Saharan Africa, women still fall far short regarding access to education, healthcare, employment prospects, political participation as well as ownership and management of productive assets.

She said gender budgeting was an approach that uses fiscal policy and administration to promote gender equality and girls’ and women’s development which had the capacity to unleash the productive capacity of women.

According to the Joint Tax Board Executive Secretary studies have shown that eliminating gender disparities and promoting girls’ and women’s development are beneficial to societies.

The World Bank in its Development Report 2012 entitled Gender Equality and Development presents clear evidence on the many ways in which women development and the reduction of gender inequalities led to more rapid economic growth, improved labour productivity, among others.

In her presentation, the National President of the Society of Women in Taxation, Dr. Abiola Adimula said Gender Budgeting entails integration of gender perspectives at all stages of budgeting and planning processes.

She said this also involves conducting a gender based assessment of budgets, incorporating a gender perspective at all levels of budgetary process and restructuring revenues and expenditures to promote gender equality.

Dr. Adimula said the Society of Women in Taxation as well as other professional women groups need to develop an eagle eye that will foresee that the interest of women and children are taken care of from the point of developing items for the budget.

The President of the Chartered Institute of Taxation of Nigeria, Chief Adesina Adebayo said it was important to keep abreast of the latest development in gender development issues and engage all stakeholder including taxpayers on the subject.

Chief Adebayo who was represented by Dr. Emeke Nwabuzor said adopting gender based budgeting will go a long way in reducing inequalities and also enhance economic growth through better contribution by the women.

 Reporting by Biodun Dare, editing by Daniel Adejo