President Muhammadu Buhari has appointed Muhammad M. Nami as the new chairman of the Federal Inland Revenue Service (FIRS).
YaahooJournalist reports that the appointment of the new FIRS Chairman was announced in a statement issued on Monday after by Garba Shehu, the Senior Special Adviser on Media and Publicity to the President.
According to the Presidential spokesman, Nami replaces Babatunde Fowler, whose tenure expired today, Monday, December 9.
YaahooJournalist reports that the new FIRS Chairman is a tax consultant and graduate of Ahmadu Bello University, Zaria, Kaduna State, northern Nigeria.
The Presidential spokesman said in the statement that Fowler is expected to hand over to the most senior director on the board, who will take charge, pending the Senate confirmation of the new board.
President Muhammadu Buhari has approved the composition of a new board for the Federal Inland Revenue Service, FIRS, subject to Senate confirmation.
— Garba Shehu (@GarShehu) December 9, 2019
The statement reads in full; “The President nominated a renowned tax consultant, Muhammad M. Nami as the new chairman.
“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.
“Mr. Muhammad, a well-trained Tax, Accounting & 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.
“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. He is married with children.
“Chairman of FIRS, Babatunde 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 the Senate confirmation of the new board,” the statement added.
