BREAKING: President Tinubu’s new appointee resigns, gives reason

Taiwo Oyedele, recently appointed as the chairman of the Presidential Fiscal Policy and Tax Reform Committee, has resigned as a fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC).

In a tweet on Wednesday, Oyedele, recently appointed by President Bola Tinubu, announced the resignation from his position at the organisation on his Twitter page on Wednesday, July 19.

The tax expert explained that his resignation was due to the fact that he needed to concentrate on the new role that President Tinubu had handed over to him.

In early July, President Tinubu approved that a Presidential Committee on Fiscal Policy and Tax Reforms should be established and subsequently appointed Oyedele to chair the committee.

According to the presidency, the establishment of the committee is a reflection of Tinubu’s commitment to address the challenges confronting the country and bring about transformational reforms in the country’s fiscal policy and taxation.

The primary objective of the committee, as the presidency has said, was to enhance the collection of revenue, ensure transparency in reporting as well as the promotion of the effective utilisation of tax and more revenue of boost the morale of the citizens, enhance heavy tax structure and encourage compliance voluntarily.

Oyedele’s statement reads in part: “This is to 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 an important national assignment.”