Fowler
Home Trending Story Presidency Query Into Fowler’s Variances’ in Tax Revenue May Halt Re-appointment
Trending Story

Presidency Query Into Fowler’s Variances’ in Tax Revenue May Halt Re-appointment

74

Some close to the Presidency believe that Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS) may soon be ousted as the tax chief by President Muhammadu Buhari.

The latest speculation  around Fowler’s potential dismissal comes just days after his tenure expired.

In a letter gone viral, dated August 8, 2019, Abba Kyari, chief of staff to the president,  gave the nation’s tax chief up till August 19 to respond to a query over revenue collection under his watch.

 

 

In the query, above , the chief of staff wrote: “Your attached letter (FIRS/EC/CWP/0249/19/027 dated 26 July 2019) on the above subject matter, refers.

“We observed significant variances between the budgeted collections and actual collections for the period 2015 to 2018. Accordingly, you are kindly invited to submit a comprehensive variance analysis explaining the reasons for the variances between budgeted and actual collections for each main tax item for each of the years 2015 to 2018.

“Furthermore, we observed that the actual collections for the period 2015 to 2017 were significantly worse than what was collected between 2012 and 2014. Accordingly, you are kindly to explain the reasons for the poor collections.

“You are kindly invited to respond by 19 August 2019.

A former minister in the Buhari administration, who spoke on condition of anonymity, told Per Second News, ” There is a growing sense in the administration that Fowler’s days are numbered.”

This is not the first time questions have been raised over Fowler’s future in the administration with the FIRS boss accused of several financial abuse and alleged corruption charges.

 

Leave a comment

Related Articles

HighlightTrending Story

2024 Appropriation Bill scales second reading at House of Reps

The House of Representatives on Thursday began debate on the general principles...

HighlightTrending Story

Nigerians worry more about rising prices of commodities, not budgetary arithmetic — Rewane

Renowned economist and Managing Director/CEO, Financial Derivatives Company Ltd, Mr Bismarck Rewane,...

EntertainmentTrending Story

Orezi counts losses after fire razed his house

Nigerian music star, Orezi, is currently grappling with the aftermath of a...

EntertainmentTrending Story

My dark moments almost made me quit music – Iyanya

Nigerian music sensation, Iyanya, has reflected on a tumultuous period that almost...

HighlightTrending Story

COP28: UN calls for cooperation, action to get humanity back on track

The Executive Secretary of the United Nations Framework Convention on Climate Change,...

SportsTrending Story

Onana blunders, leaves Man-U’s European aspiration in jeopardy

Manchester United’s struggles in Europe dipped further as they blew a two-goal...

Top StoryTrending Story

Ogun governor’s office accountant killed in bullion van attack, millions of Naira carted away

Robbers struck on Wednesday in Abeokuta, Ogun state capital, killing an accountant...

EntertainmentTrending Story

It’s over: The rise and fall of Pere-Mercy romance 

Former Big Brother Naija (BBN) housemate, Pere, has officially announced the end...

Oil & GasTrending Story

2024 budget: Oil benchmark fixed at $77.96, exchange rate of 750 to dollar

President Bola Tinubu on Wednesday announced an oil benchmark of $77.96 and...

HighlightTrending Story

2024 budget: Reps convene first budget town hall meetings for public input

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has assured...

HighlightTrending Story

Nigeria’s debt may climb above $51.75bn as FG plans to borrow N7.8trn for 2024 budget deficit

President Bola Ahmed Tinubu said on Wednesday that his government will finance...

Top StoryTrending Story

2024 N27.5trn budget: Tinubu targets 3.76 % economic growth, N9.18trn deficit

President Bola Tinubu has presented a N27.5 trillion budget, tagged “Budget of...

HighlightTrending Story

Old, new Naira notes to co-exist till further notice, Supreme Court rules

The Supreme Court on Wednesday ordered that the old N200, N500, N1000...

EntertainmentTrending Story

Mohbad: Mixed reactions as Sammy Larry, Naira Marley appear in new first public video

Social media platforms last night were agog following the appearance of Nigerian...

HighlightTrending Story

Night of thrills and anguish in day one of match day five of UCL

A rejuvenated Manchester City in the second half and a controversial extra...

HighlightTrending Story

Solid Minerals Minister, Alake, dangles carrot before investors in London

The Minister of Solid Minerals Development, Mr Dele Alake, has asked foreign...

HighlightTrending Story

Ex-CBN Gov. Emefiele back to prison over unmet bail conditions, trial adjourned to January 2024

A former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has yet...

HighlightTrending Story

Senate President confirms Tinubu’s 2024 budget presentation Nov. 29

Senate President Godswill Akpabio has confirmed that President Bola Tinubu will on...