President Muhammadu Buhari on Monday fired Babatunde Fowler as the chairman of the Federal Inland Revenue Service.
The president subsequently appointed Muhammad Nami, a tax consultant, as the new head of the revenue agency, a statement from the presidency said on Monday afternoon.
The announcement came hours after the tenure of Mr Fowler expired and no renewal was immediately announced. Mr Fowler was appointed in 2015.
Recall that in August it was reported that a query was sent to Mr Fowler by the Chief of Staff to President Muhammadu Buhari, Abba Kyari on non-performance.
In the letter, Mr Kyari asked Mr Fowler to explain why government revenue under Mr Fowler has always been less than projected revenue and why the revenue has dropped compared to what obtained under ex-President Goodluck Jonathan. The query was the first obvious indicator that the FIRS boss may not be returned to his office after the expiration of his tenure. There were several competing interest for the plumb job especially from the northern geo-political Zone.
Fowler who was know for his good performance in reforming the tax system in Lagos State was seen and widely acknowledge as a thorough bred professional and a technocrat who was well groom for the office. He obviously did not know how to face and ward off competing interest close to the president’s kitchen cabinet.
The newly nominated FIRS chairman Muhammad M. Nami attended Bayero University Kano and Ahmadu Bello University, Zaria where he obtained a Bachelor’s Degree in Sociology (1991) and a Masters of Business degree (2004) respectively. He is a fellow of Chartered Institute of Taxation of Nigeria, Institute of Debt Recovery Practitioners of Nigeria, an associate Member of Nigerian Institute of Management (Chartered) and a Member of Association of National Accountants of Nigeria. Nami started his career with PFK in 1993 and rose to the position of a senior Consultant in charge of Tax management and advisory services. He is currently the managing consultant of Manam Professional Services (Chartered Tax Practitioners and Business Advisers) based in Kaduna, Abuja, Niger State. Mr Nami has served, and is still serving, on many companies’ Board and Statutory Board Audit Committees. He was appointed as a member, Presidential Committee on Audit of Recovered Stolen Assets in November, 2017 by President Buhari.