Real Reasons Why Cross River IRS Boss Resigned

Peter Oti
Peter Oti

While the Cross River State governor, Ben Ayade may have wished the immediate past Internal Revenue Service chairman, Peter Oti, “success in his future endeavours” as contained in the press release by Christian Ita, Chief Press Secretary to Gov. Ayade, sources within government circles have informed that Oti’s resignation is a firm foot in the door and a statement by the former tax boss to government that he can no longer endure the insults and harsh working conditions at the IRS.

First, the sources reveal that the financial target handed Oti and his team was outrageous. Known to be thorough bred professional, Oti took on the challenge of raising the state’s internal revenue profile but was hampered by the decision of government “to reduce the IRS’ imprest from a little above N10 million to N5 million which is grossly inadequate to run the service across the state”. Again, those in the know swear that Oti has been exceptional in the discharge of his functions and wonder why government support to him has been austere.

There is also the issue of tax consultants who sources claim did nothing extra-ordinary to merit the N100 million in fees that they were paid. While Oti frowned at this arrangement, certain well placednpersons backing the consultants are said to have insulted him unend, even doubting his professional competencies, eventhough the man displays those competencies effortlessly. Meanwhile, the ex-tax boss is said to be headed to the Accounting Department in the University of Calabar to continue his work there as a lecturer and examiner.


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