BREAKING: Buhari Replaces Babatunde Fowler, Appoints New FIRS Chairman

President Muhammadu Buhari has replaced Babatunde Fowler as the Chairman of the Federal Inland Revenue Service (FIRS).

Buhari consequently appointed Muhammad M. Nami as the new chairman of the FIRS.

Nami takes over from Fowler whose tenure expired on Monday.

“Mr Muhammad, 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 organisations”, the Presidency said in statement by Buhari’s media aide, Garba Shehu

Shehu described Nami as, “an expert in rendering advisory support services to investors in respect of new business start-ups and management of existing businesses. He has also continuously rendered outsourced services to clients in trading, service and manufacturing sectors of the nation’s economy.”

“He is a fellow of Chartered Institute of Taxation of Nigeria, Institute of Debt Recovery Practitioners of Nigeria and Associate Member of Nigerian Institute of Management (Chartered) and Association of National Accountants of Nigeria.

“He 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 Muhammad 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.”

Shehu said the the new FIRS Chairman 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

President Buhari also approved the composition of a new board for the FIRS.

Pending the Senate’s confirmation of the board, Buhari directed the erstwhile FIRS chairman, Fowler, to hand over to the most senior director on the board.