Babatunde Fowler | InsideOjodu https://www.insideojodu.com ...conecting the community Tue, 03 Nov 2020 16:43:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico Babatunde Fowler | InsideOjodu https://www.insideojodu.com 32 32 Former FIRS Chairman, Babatunde Fowler quizzed again by EFCC https://www.insideojodu.com/former-firs-chairman-babatunde-fowler-quizzed-again-by-efcc/ https://www.insideojodu.com/former-firs-chairman-babatunde-fowler-quizzed-again-by-efcc/#respond Tue, 03 Nov 2020 16:43:34 +0000 https://www.insideojodu.com/?p=17898 The former Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler has been…

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The former Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler has been quizzed again by the Economic and Financial Crimes Commission (EFCC) for the second time in two days.

Fowler returned to the Lagos office of the anti-graft agency for questioning over the ongoing investigation into fraud allegations against Alpha Beta Consulting, a consulting firm.

Spokesperson of the EFCC, Mr Wilson Uwujaren told Channels Television that Fowler was allowed to go home yesterday and returned again today November 3 for further questioning.

Before being appointed as FIRS boss, Fowler served as chairman of the Lagos State Internal Revenue Service (LIRS) which pays Alpha Beta for consultancy on internally-generated revenue (IGR).

Oladapo Apara, a former managing director of the firm had accused the company of defrauding the Lagos government and failing to pay tax in a recent lawsuit filed before a court in Lagos.

 

 

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Babatunde Fowler is not under investigation-Presidency https://www.insideojodu.com/babatunde-fowler-is-not-under-investigation-presidency/ https://www.insideojodu.com/babatunde-fowler-is-not-under-investigation-presidency/#respond Mon, 19 Aug 2019 17:30:17 +0000 https://www.insideojodu.com/?p=6841 The Special Assistant to the President on Media and Publicity, Garba Shehu, has said…

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The Special Assistant to the President on Media and Publicity, Garba Shehu, has said that the Chairman of the Federal Inland Revenue Service, Babatunde Fowler, is not under investigation.

Fowler was handed a query letter by the Chief of Staff to President Buhari, Abba Kyari, last week Friday August 16th and was asked to respond to the query by today August 19th. Some Nigerians interpreted the query to mean he was under investigation.

Shehu in a statement said

“FIRS BOSS NOT UNDER INVESTIGATION SAYS Presidency.

Following reports making the rounds in some media outlets, it is necessary to state categorically that the Chairman of the Federal Inland Revenue Service, Babatunde Fowler, is not under any investigation.

The letter from the Chief of Staff to the President, Abba Kyari, on which the purported rumour of an investigation is based, merely raises concerns over the negative run of the tax revenue collection in recent times.

Taking a cue from today’s (Monday) presentation of Vice President Yemi Osinbajo at the Presidential Retreat for Ministers-Designate, Federal Permanent Secretaries and Top Government Functionaries , which dwelt on an ‘Overview of the Policies , Programmes and Project Audit Committee,’ a body he chaired, projected revenue of government falls behind recurrent expenditure even without having factored in capital expenditure.

Consequently, it would appear that the country might be heading for a fiscal crisis if urgent steps are not taken to halt the negative trends in target setting and target realisation in tax revenue.

Anyone conversant with Federal Executive Council deliberations would have observed that issues bordering on revenue form the number one concern of what Nigeria faces today, and therefore, often take a prime place in discussions of the body.

It is noteworthy and highly commendable that under this administration, the number of taxable adults has increased from 10 million to 20 million with concerted efforts still on-going to bring a lot more into the tax net”.

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