Adewunmi's tweet

The right thing for @PwC_Nigeria& @taiwoyedele to prevent a scandal is to disclose all their conflicts of interest. A firm and partner that consults and openly lobbies on behalf of industry against government taxes shouldn’t design fiscal policy. You can’t be player and referee

Taiwo Odele's response Tweet

I can help you with a bit of education. I was going to ignore this but for the sake of your innocent followers you wish to mislead.

A 20% tax was never introduced or even proposed by the government. It was N20 per liter which was later approved at N10 per litre on soft drinks, juice etc. I guess you don't have a problem with government taxing these products even if it means some Nigerians losing their jobs. Nigeria's sugar consumption per capita is one of the lowest in the world but people like you prefer to import foreign templates to Nigeria without proper impact assessments and understanding the local context.

Excise tax increases on other products were announced for 2022 to 2024 by the government but later escalated midway into implementation. A bit of education will help you to understand that such policy somersault will not only hurt the sector being taxed but will make the investment climate uncertain and unattractive.

You can also get a bit of education if you check my work in the tax space which is freely available online including many instances when I have supported the government to raise taxes including free consulting and even sponsorship of efforts to expand the tax net through VAIDS.

I also championed both the exemption of people earning N30k or less from tax as well as exemption of small businesses earning N25m or less from VAT. I guess it doesn't matter to you that those vulnerable people are being over-taxed and you won't tell your followers that the people I advocated for are not my clients, rather I did it in the public interest.

I am currently advocating for the 7.5% VAT on diesel to be suspended given the impact of rise in transportation and other costs as a result of petrol subsidy removal. Perhaps your desire is for government to tax anything and everything even if it means taxing poverty.

I can also remind you of my advocacy for government to reduce minimum tax rate which forces struggling companies to pay tax even when they are loss making. It's likely you don't care if more companies shut down or exit Nigeria.

My interest has always been public interest, and it is not going to change now whether I am advocating for the private sector or not. This has been consistent in my career spanning over 2 decades. If that seems like conflict of interest to you then I cannot be of much help.

You're absolutely free to share your single story view, but you're not permited to share ignorance. Please get a bit of education if you must comment on a subject you seem completely clueless about.

And if you have any problem with Australia, please reach out to them. I am a Nigerian, I live and work in Nigeria.

https://twitter.com/taiwoyedele/status/1678055399583363073

They asked you to explain why the receipt you offered has a price higher than what the product is worth, and how come your entry into the books showed a price lower than the actual price, and your response is the definition and history of bookkeeping. Guilty conscience is killing you, simple! 😆😅🤣😂

The poster above is one of the critics Taiwo is talking about. Imagine the gibberish he just typed.

ganisucks:
They ask you what is economics Economics

When used in this sense, it is spelt "Economics".

Taiwo Oyedele is 100% correct when he said the critics are not educated.

So many ignoramus coming out with gibberish mentality but tinubu's team are professionals ready to engage and educate the illiterates

Clearly a man with a big ego

Free lecturing

LeoDeKing:

When the word is used in this sense, it is spelt "Economics".

Taiwo Oyedele is 100% correct when he said the critics are not educated.

If you were knowledgeable of my style, you would know that I was booking the space. But, thanks for nothing.

Cryofigbos:
So many ignoramus coming out with gibberish mentality but tinubu's team are professionals ready to engage and educate the illiterates

He wasn't able to explain why Nigerians should trust him, while ignoring his conflict of interest. But he spoke a whole lot of gibberish knowing Nigerians are only particular about partisanship.

Of course obidients are always the ones not educated whenever we call out their bullshit.

Next.

ganisucks:

If you were knowledgeable of my style, you would know that I was booking the space. But, thanks for nothing.

Cultivate the habit of reading and listening, that's the only cure for ignorance.

All these running from pillar to post won't help you.

ganisucks:

He wasn't able to explain why Nigerians should trust him, while ignoring his conflict of interest. But he spoke a whole lot of gibberish knowing Nigerians are only particular about partisanship.

What conflict of interests?, obviously you have never left anyone in doubt about your low reasoning capacity. Here is a man explaining his several instances of advocacy in tax cut and tax suspension for lower turnover businesses as well as struggling businesses, he is currently advocating suspension of 7.5% VAT in diesel in public interest despite working with a firm that benefits hugely being a top tax consultant to the govt. I wouldn't expect anything less, you've been an amusing clown all along.

You should have posted the guys reply too https://twitter.com/eadewunmi/status/1678068183029239810?s=46&t=50Yog5beNQZJZs1HW3l18A

Taiwo better avoid these kind of guys on social media if he doesn't want to be on Twitter full time like Mrs Aisha Yusuf of LuPppi

Some people are just hopeless and aimless critics.

Taiwo should tax him for the education.

ganisucks:

He wasn't able to explain why Nigerians should trust him, while ignoring his conflict of interest. But he spoke a whole lot of gibberish knowing Nigerians are only particular about partisanship.

If you don't understand what he is saying, that mean your iq is quite low. Even as a science student, I understand what he wrote.

Besides, it wasn't Nigerians who appointed him, it was the President, so leave him with the trust.

May Tax Committee Chairman, Taiwo Odele Schools Critic favor me and my family

Enemies of progress every where.
You shall overcome them

Plenty movement and no motion.

May God help us anyway.

Your trusted business partner for written content. Contact us now.

G

The tax guru is very objective. I have always listen to him on radio speak.

Like I am, he's an advocate of lesser tax rates but more tax net cover.

This government self....I know understand

Cryofigbos:
So many ignoramus coming out with gibberish mentality but tinubu's team are professionals ready to engage and educate the illiterates

Did you even get the point the Poster was raising..... conflict of interest

Interesting

This is nonsense!

Taiwo Odele did not address his point. He just wants to bamboozle that "I know more about tax".

What the man asked for is his DISCLOSURE.

Tell us how you will or could benefit by being appointed to shape a law that you get your daily bread from.

.

ganisucks:
They asked you to explain why the receipt you offered has a price higher than what the product is worth, and how come your entry into the books showed a price lower than the actual price, and your response is the definition and history of bookkeeping. Guilty conscience is killing you, simple! 😆😅🤣😂

Hope you are ok?

femisplash:

What conflict of interests?, obviously you have never left anyone about your low reasoning capacity. Here is a man explaining his several instances of advocacy in tax cut and tax suspension for lower turnover businesses as well as struggling businesses, he is currently advocating suspension of 7.5% VAT in diesel in public interest despite working with a firm that benefits hugely being a top tax consultant to the govt. I wouldn't expect anything less, you've been an amusing clown all along.

Your senses are intact! I love this.

This guy lectured me at WySE ICAN Tuition Centre in Maryland, Lagos around the year 2002 when I was preparing to write my final ICAN exams...very sound guy academically