Nigeria’s Tax Chief Bows Out

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Mrs. Ifueko Omoigui-Okaru, the Chairman of the Federal Inland Revenue Service, FIRS, has stepped down, putting an end to an eventful tenure.

Ifueko who was first appointed as the Chairman of FIRS in 2004 under the tenure of former President Olusegun Obasanjo told journalists in Abuja Friday that she decided to leave ahead of next Monday when her tenure would have ended.

The Co-ordinating Director, Support Services Group, FIRS, Alhaji Kabir M. Mashi takes over as the Acting Chairman of the Service.

Omoigui-Okauru tenure at FIRS is remarkable for the bold reforms in the taxation system she initiated. This involves a comprehensive tax reform that covers tax policy, legislation and administration.

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The reform culminated in the recently enacted National Tax Policy, FIRS (Establishment) Act 2007, Value Added Tax (Amendment) Act 2007, Companies Income Tax (Amendment) Act 2007, National Automotive Council (Amendment) Act 2007 and Personal Income Tax (Amendment) Act 2011.

Another of her signature reform- the Unique Tax Payer Identification Number done in collaboration with the State Revenue Authorities under the auspices of the Joint Tax Board was launched by President Jonathan few hours before her departure.

FIRS tax collection under her leadership grew astronomically from slightly below N1.2 trillion when she came to office to over N4.2 trillion in 2011.