New tax reform committee chair Oyedele resigns from PwC – Newstrends
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New tax reform committee chair Oyedele resigns from PwC

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New tax reform committee chair Oyedele resigns from PwC

Newly appointed Chairman of the Presidential Fiscal Policy & Tax Reform Committee, Taiwo Oyedele, has resigned from PriceWaterhouseCoopers (PwC).
His resignation followed his recent appointment by President Bola Tinubu as head of the tax reforms committee.
In a tweet announcing his exit, Oyedele said his resignation was to prevent any perceived conflict of interest.
He stated, “After over 2 decades at PwC, I have made the hard but necessary decision to exit the firm.
“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.”
As chairman of the committee, Oyedele and his team are expected to enhance revenue collection, improve efficiency and ensure 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.

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Coscharis Motors hits W’Africa Auto Show starting today with special discount, fabulous gifts, others 

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Coscharis Motors hits W’Africa Auto Show starting today with special discount, fabulous gifts, others 

Coscharis Motors Plc is participating hugely at the 2024 West Africa Automotive Show (WAAS) holding in Lagos from May 14 to 16, 2024.

The prominent automotive company and trusted representative of major international auto brands in Nigeria, announced in a statement that exciting time awaits visitors to its stand at the Landmark Event Centre, venue of the fair in Lagos.

It promised special discount, freebies, on-the-sport autocare, original parts and experts advice.

It stated, “As one of the premier dealerships in Nigeria when it comes to auto parts and auto components, Coscharis Motors Plc is poised to showcase an impressive array of automotive products from renowned Original Equipment Manufacturers (OEMs), including Abro, MotorCraft and Omnicraft.

“From essential spare parts to top-quality lubricants, the exhibited products cater to the diverse needs of automobile enthusiasts and professionals, facilitating seamless repairs and maintenance for all makes and models of vehicles.

Abiona Babarinde, General Manager Marketing and Corporate Communications at Coscharis Group said, “We are really delighted to participate in the West Africa Automotive Show 2024 and showcase our commitment to delivering excellence in the automotive sector.

“Through our participation, we aim not to only showcase our robust product portfolio but also to connect with customers and prospects alike fostering lasting relationships built on trust and reliability in delivering value for their money over the years.

“The beauty of our participation at this year’s event is that you stand to get the original parts across various brands of any vehicle together with our certified technicians on ground to give you first hand professional after-sale guide on how best to fix the Parts; thereby delivering a one – stop shop at our stand.”

Head, Auto Care/Consumer Products Division, Coscharis Motors Plc, Dr. Obuzor Uzordinma, was also quoted as saying, “All is now set for us as a team to delight anyone that visits our stand at the exhibition.

“Our combined strong team from the Auto Care, Auto Component and After-sale teams are ready to deliver value for money at this event.

“We are poised to deliver on-the-spot offerings when it comes to original parts for all brands of vehicles as the official representative in Nigeria of various Original Equipment Manufacturers.

“To complement the parts on display will be our Home Care Consumer Goods from the iconic Abro brand portfolio on display as the exclusive representative in Nigeria.

“I hereby encourage all automobile customers, enthusiasts and families to take advantage of this opportunity to experience automotive innovation at its finest as they visit Coscharis Motors Plc at this year’s West Africa Automotive Show and unlock a world of possibilities in automotive excellence.”

The firm promised visitors to the Coscharis Motors stand an unparalleled experience, with irresistible discounts and enticing freebies.

“This exclusive opportunity allows customers to access original automotive products at unbeatable prices, enhancing both their driving experience and vehicle longevity.

“Moreover, the West Africa Automotive Show serves as a platform for attendees to engage directly with Coscharis Motors representatives, who will be on hand to address enquiries and provide insights into the comprehensive range of products and services offered by the organisa

tion,” it stated.

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Naira declines further to N1,520/$ on parallel market

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Naira declines further to N1,520/$ on parallel market

The Naira yesterday depreciated to N1,520 per dollar in the parallel market, from N1,470 per dollar last week Friday.
Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,478.11 per dollar.

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Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,478.11 per dollar from N1,466.31 per dollar last weekend, indicating N11.8 depreciation for the naira.

Consequently, the margin between the parallel market and NAFEM rates widened to N41.89 per dollar from N3.69 per dollar last weekend.

Naira declines further to N1,520/$ on parallel market

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Chery sets Novare Mall aglow with unique display, unveils six-year free service

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Chery sets Novare Mall aglow with unique display, unveils six-year free service

Chery recently created some memorable excitement at Novare Mall, Lekki-Lagos, thrilling patrons and visitors to an exhilarating four-day display of luxury and entertainment.

Chery’s national dealer, Carloha Nigeria, also unveiled six-year free service for Chery automobiles, among other offers, to ensure the vehicles receive top-notch care and attention.

The event held from May 9 to May 12, 2024 offered the brand, renowned for its innovation and excellence, the opportunity to entertain a great number of people.
The star attractions, the Tiggo 8 Pro and Tiggo 2 Pro, captivated visitors with their sleek designs, advanced features, and superior performance, according to a statement by the auto company
It stated, “The excitement did not end with the display; Carloha Nigeria, the Chery national dealer, introduced groundbreaking offers, redefining vehicle ownership dynamics in Nigeria.
“Enthusiasts and casual onlookers alike were treated to an immersive experience at the Novare Mall as they explored the cutting-edge technology and craftsmanship of the Tiggo 8 Pro and Tiggo 2 Pro.”
The vehicles from their striking exteriors to their luxurious interiors are said to epitomize Chery’s commitment to delivering excellence on every journey.
One of the highlights of the event was the electrifying Social Media Challenge, where automobile aficionados seized the opportunity to snap pictures with the Chery vehicles on display, igniting a frenzy of likes and shares across various platforms.
Participants eagerly vied for the chance to win exclusive prizes generously offered by Chery, adding an element of friendly competition and camaraderie to the proceedings.
In a bid to make vehicle ownership not only accessible but also remarkably convenient, Carloha Nigeria unveiled an unprecedented proposition that is set to revolutionize the automotive landscape.
With a focus on customer satisfaction and peace of mind, Carloha Nigeria announced an extraordinary package: Say goodbye to maintenance worries as Carloha Nigeria offers six-year free service, ensuring your Chery vehicle receives top-notch care and attention.
Drive with confidence knowing that Carloha Nigeria offers an extensive warranty, providing comprehensive coverage for six years or up to 200,000 kilometers, whichever comes first.
Mr. Joseph Omokhapue, Sales and Marketing Director for Carloha Nigeria, said, “This groundbreaking offer underscores Carloha Nigeria’s commitment to empowering customers and enhancing their overall ownership experience.
“By alleviating concerns associated with maintenance costs and warranty coverage, Carloha Nigeria paves the way for hassle-free driving and unparalleled peace of mind.”
The firm described Chery’s captivating showcase at Novare Mall as a testament to the brand’s unwavering dedication to innovation, quality, and customer satisfaction.

It said, “With the Tiggo 8 Pro and Tiggo 2 Pro setting new standards of excellence, coupled with Carloha Nigeria’s game-changing offer, the event left an indelible impression on attendees, promising a future where driving is not just a necessity but a source of joy and fulfilment.

“As Chery and Carloha Nigeria continue to push the boundaries of automotive excellence, enthusiasts and prospective buyers can eagerly anticipate more groundbreaking developments and opportunities to experience the thrill of driving with confidence, convenience, and unparalleled luxury,” it stated.

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