Nami replaces Fowler as FIRS chairman

The presidency has approved the composition of a new board for the Federal Inland Revenue Service (FIRS) subject to Senate confirmation.

A statement yesterday in Abuja by the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, clarified that the Nigerian leader also nominated a tax consultant, Muhammad Nami, as the service’s new chairman.

The agency’s chief executive, Babatunde Fowler, whose term of office expired yesterday, was directed to hand over to the most senior director on the board on an acting capacity pending the confirmation of the new board by the National Assembly.

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 incoming FIRS chair 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.

He is an expert in rendering advisory support services to investors in respect of new business start-ups and management of existing businesses.

Nami has also continuously rendered outsourced services to clients in trading, service and manufacturing sectors of the nation’s economy.

He attended Bayero University Kano (BUK) and Ahmadu Bello University (ABU), Zaria where he obtained a Bachelor’s Degree in Sociology in 1991 and a Masters of Business degree in 2004.

Nami is a fellow of the Chartered Institute of Taxation of Nigeria (CITN), Institute of Debt Recovery Practitioners of Nigeria and Associate Member of the Nigerian Institute of Management (Chartered) and Association of National Accountants of Nigeria (ANAN).