Business
PRESIDENT Muhammadu Buhari has replaced Bright Okogwu, director general of the Budget Office of the Federation, with Aliyu Yahaya Gasau. He has also appointed William Babatunde Fowler as the executive chairman of the Federal Inland Revenue Service, FIRS to replace Sunday Ogungbesan, who previously occupied the office in acting capacity.
Okogwu who resigned voluntarily is headed for a job at the African Development Bank, AfDB while Gusau’s appointment is with effect from August 18, and is for a term of four years, renewable for another four years, unless he attains the retirement age of 60 years or completes 35 years of pensionable service,”
The change of guards was announced on Thursday, August 20, in a statement issued in Abuja, by Femi Adesina, special adviser to the President on Media and Publicity. Fowler was the chief executive officer of the Lagos State Board of Internal Revenue, LIRS, from 2005 to 2014.
He had his higher education in the United States where he obtained a Bachelor’s degree in Economics from the University of Wisconsin and a Master of Business Administration degree from the California State University.
Before joining the service of the Lagos State Government, Fowler worked in the banking sector for about 20 years with long stints at Credit Lyonnais Nigeria Limited and Chartered Bank.
Under his leadership, LIRS achieved a sharp increase in internally generated revenue from an average of N3.6 billion per month in January 2006, to an average of about N20.5 billion per month in 2013.
Fowler, who holds an Honorary Doctorate Degree of the Irish International University, is a Fellow of the Chartered Institute of Taxation of Nigeria and the Business Management Association of the United Kingdom. He will serve as acting executive chairman of FIRS until his appointment is confirmed by the Senate,” Adesina said.
– August 20, 2015 @ 9:50 GMT |
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