Nigeria’s 2020 tax outlook and the tasks before new FIRS Chairman

President Muhammadu Buhari penultimate Monday approved the exit of Babatunde Fowler as the chairman of the Federal Inland Revenue Service. Mr Fowler’s tenure as FIRS chairman expired and the president could have appointed him for a second term in office, something Mr Fowler coveted.

But Mr Buhari asked him to hand over to the most senior director in the outgoing board of the revenue agency. The president also named Muhammad Nami, a tax consultant, as the new chairman of the tax commission.

In a statement by his spokesperson, Garba Shehu, Mr Buhari announced the constitution of a new board for the FIRS. The newly appointed chairman has since assumed office at the FIRS headquarters in Abuja.

Mr Nami, who was cleared by the National Assembly penultimate Wednesday, has since convened…

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