President Muhammadu Buhari has declined to reappoint Mr Babatunde Fowler as Federal Inland Revenue Service boss.
This afternoon, the president approved the composition of a new board for the Federal Inland Revenue Service, FIRS, subject to Senate confirmation.
He nominated a renowned tax consultant, Muhammad M. Nami, as the new chairman.
There had been anxiety over Fowler’s job as the terminal date of his first appointment drew near without any word from Aso Rock.
To make matters dicey, one fellow had dragged Fowler to court alleging he was sitting pretty when he had not been reappointed.
That court case was believed to have been sponsored by source within the seat of government alleged to be opposed to Fowler’s reappointment.
But as it turned out, the case was dismissed by the court. Fowler’s first term was yet to expire as the date of his appointment is different from the day his appointment was ratified by the Senate.
Fowler, whose term of office expired on Monday, 9th December, 2019, is expected to hand over to the most senior director on the board, who will take charge, pending Senate confirmation of the new board.
According to a statement by Senior Special Assistant to the president on Media and Publicity, Garba Shehu, 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.
Shehu said 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 organizations.
He is 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.
Muhammad 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 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.
He is married with children.