President Muhammadu Buhari has appointed Muhammad Nami to replace Babatunde Fowler as chairman of the Federal Inland Revenue Service (FIRS).
Fowler, according to a statement by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu has been directed to hand over to the most senior director on the board.
The President also approved the composition of a new board for 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.
The statement added: “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.