‘Conflict of interest’ — Taiwo Oyedele resigns from PwC after taking FG assignment

Taiwo Oyedele, fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC), has resigned from the company. 

Oyedele’s resignation followed his recent appointment as chairman of the presidential committee on fiscal policy and tax reforms by President Bola Tinubu. 

In a tweet announcing his exit, Oyedele explained that his resignation is to prevent any perceived conflict of interest.

“After over 2 decades at PwC, I have made the hard but necessary decision to exit the firm,” he said.

“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.

“This decision will also prevent any 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.”

In his new role as chairman of the committee, Oyedele and his team are charged with enhancing revenue collection, improving efficiency and ensuring transparent reporting.

They have also been asked to promote the effective utilisation of tax and other revenues to boost tax morale of citizens, foster a healthy tax culture, and drive voluntary compliance.