President Muhammadu Buhari has appointed Dr. William Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service (FIRS) as well as appointed Mr. Aliyu Yahaya Gusau as Director-General (DG), Budget Office of the Federation
This was made known in statement by the Special Adviser to the President, Media and Publicity, Mr. Femi Adesina
Fowler was the Chief Executive Officer/Executive Chairman of the Lagos State Board of Internal Revenue from 2005 to 2014 and was instrumental to the growth in Lagos State’s internally generated revenue (IGR), making it the only one of the few financially viable states in the country.
He obtained his higher education in the United States where he got a Bachelor’s degree in Economics from the University of Wisconsin and a Master’s 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, the Lagos State Board of Internal Revenue reportedly achieved a sharp increase in IGR from an average of N3.6. billion per month in January 2006 to an average of about N20.5 billion monthly in 2013.
Fowler, who holds an Honorary Doctoral 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.
Fowler will be replacing Samuel Odugbesan, a former Coordinating Director of FIRS, who was appointed to the post by former President Goodluck Jonathan in March this year.
The FIRS has not had a substantive executive chairman since the departure of Ifueko Omogui-Okauru in 2012.
Gusau, on the other hand, will step in as the DG, Budget Office of the Federation, a post held by Dr. Bright Okogu till June this year when he stepped down to take up an appointment with the African Development Bank (AfDB) as an executive director.
Gusau’s appointment took effect on Tuesday 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.