FX Guys

Cautious optimism trails tax reform committee’s recommendations

Stakeholders have expressed diverse opinions on the report and recommendations submitted to the President on Tuesday by the presidential committee on tax reform chaired by Taiwo Oyedele.

Though they were unanimous in saying that the details of the report are not known to them, they however agreed that the points raised are things that can help the economy back on its feet if fully implemented.

Professor Godwin Oyedokun of Lead City University, Ibadan, said the recommendations agreed that the work of the Committee so far is a step in the right direction.

According to him, “It is a step in the right direction. It is equally good that the president said they should go and implement, which means there won’t be a problem. I just pray that civil servants will cooperate because people are living on those complexities and those that are feeding from there will fight back to maintain the status quo.

“I saw one of the…
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