The Presidency, on Monday, announced that President Muhammadu Buhari has approved the appointment of Muhammad M. Nami as the new chairman of Federal Inland Revenue Service (FIRS).
This put to an end to much speculation about whether or not the tenure of Babatunde Fowler would be renewed.
A statement issued by Garba Shehu, Senior Special Assistant to the President (Media & Publicity) said Fowler, whose term of office expired on Monday, 9th December 2019 was expected to hand over to the most senior director on the board, who will take charge, pending the Senate confirmation of the new board.
The statement said the President approved the composition of a new board for the FIRS subject to Senate confirmation.
The board is composed of a member representing each of the six geographical zones and statutory representatives from a select number of ministries and government agencies.
The statement described Nami as a renowned tax consultant, adding that he is “a well-trained Tax, Accounting and Management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies, has almost three decades of practical working experience in Auditing, Tax Management and Advisory and Management services to clients in the banking, manufacturing, services and public sectors as well as non- profit organizations.
