You are here: HomeBusiness2023 07 19Article 673991

Business News of Wednesday, 19 July 2023

Source: www.legit.ng

New Tax Reform Chairman, Taiwo Oyedele resigns from job, 2 weeks after appointment

Image used to illustrate story Image used to illustrate story

President Bola Ahmed Tinubu, newly appointed Chairman Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has resigned from his job at PriceWaterhouseCoopers (PwC).

Oyedele, who served PwC for two decades as Fiscal Policy Partner and Africa Tax Leader announced its resignation through his verified Twitter handle on Wednesday, July 19, 2023.

His resignation comes two weeks after he was appointed to lead a team of experts from both the private and public sectors that will help enhance Nigeria's revenue collection efficiency and ensure transparent reporting.

The team will also promote the effective utilisation of tax and other revenues to boost citizens’ tax morale, foster a healthy tax culture, and drive voluntary compliance, Punch reports.

Taiwo Oyedele explains resignation

According to Oyedele, his decision to quit PwC is to enable him to focus entirely on the crucial national assignment.

He wrote on Twitter: "After over two decades at PwC, I have made the hard but necessary decision to exit the firm. It will enable me to focus fully with undivided attention on my new role as the Chair of the Presidential Fiscal Policy & Tax Reform Committee, which I consider a crucial national assignment.

“This decision will also prevent potential distractions from real or perceived conflicts of interest. Thank you all once again for your support, best wishes and prayers. May God bless you all, and may God bless Nigeria”