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UNILORIN Student Wins Annual Tax Competition, Receives N300k Cash Price

Stephen Ajitoni, a 300-level Accounting student at the University of Illorin (UNILORIN), has won the Eighth Edition of the Annual Tax quiz competition.

The competition, which was organised by the Chartered Institute of Taxation of Nigeria (CITN) was held during the institute’s Annual Tax Conference in Abuja.

The winner beat five other contestants who are from other universities in Nigeria.

Other universities’ contestants were from Redeemer’s University, Ede, Bayero University, Kano, Obafemi  Awolowo University, Ile-Ife, Ahmadu Bello University, Zaria, and Usman Danfodio University, Sokoto.

In the end, Ajuwon Oreoluwa, a 400-level student of Redeemers University, was the first runner up and Olarongbe Lukman from Bayero University was the second runner up. They were awarded N200,000 and N100,000 cash prizes respectively.

According to Stephen, his win is as a result of grace and not hard work. He was grateful to God for that.

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This is something I put my all into, considering the phases of the competition I’ve passed. About 90 per cent of what I read didn’t even come out. So, I’d say it’s more of grace than hard work and I really want to thank God and everyone who has put this together,”he said.

He received a cash price of N300,000, which was presented to him on the gala night by the President of the Institute, Mr Adesina Adedayo.

The President lauded each participants and described them as winners for getting to the final phase of the competition. In his usual habit, he seized the opportunity to evangelize tax.

“We should get tax to a level where it becomes a household conversation, where we cannot talk about two or three phrases without mentioning it, where tax governance would become a thing people look out for when talking about leadership within the institute,” he said.

According to Dr. Titi Fowokan, Chairman Student Affairs and Tertiary Relations Committee, the competition which started in 2015 has been impactful. She also noted its the first participation of a private university.

The Vice President of the Association of National Taxation Students (ANTAS) appreciated the winner contestants and for their performances. In his words, “There is no winner and losers because we all won at the end of the day as a result of the additional knowledge, experience and exposure.

READ ALSO: Brilliant 17-Year-Old Boy Emerges Youngest Ever Chartered Accountant In Africa


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