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FIRS Boss, Tunde Fowler In Trouble

Babatunde Fowler, Chairman of the Federal Inland Revenue Services (FIRS) is in trouble as he has been summoned by President Muhammadu Buhari.

In a letter signed by the president’s Chief of Staff, Abba Kyari, titled; “RE: BUDGETED FIRS COLLECTIONS AND ACTUAL COLLECTIONS”, it reads;

“Your attached letter (FIRS/EC/ECW/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.

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

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

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