Yusuf Bello|
The presidency has asked Babatunde Fowler, the executive chairman of the Federal Inland Revenue Service (FIRS) to account for revenue that was collected under his watch in the last three years.
Fowler, whose tenure expired on Saturday, believed to be a nominee of vice president Yemi Osibanjo may not likely be reappointed to the position.
According to a letter circulating on social media and dated August 8, 2019, Abba Kyari, chief of staff to the president, gave the FIRS chairman up till August 19 to respond to the query.
Kyari’s query read, “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.
“Please accept the assurances of my highest regards.”
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