Presidential Tax Reform Committee Chairman, Taiwo Oyedele, Cautions FG: Severe Economic Risks Loom with Shift to State-Controlled VAT Collection
Mr. Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, recently expressed concerns that allowing state governments to collect Value-Added Tax (VAT) could result in serious economic setbacks. Taiwo Oyedele explained that such a shift would likely harm business operations, cause disruption in revenue distribution, and ultimately lead to a weaker economy. His comments reflect…