Babatunde Fowler Explained

Babatunde Fowler
Birth Date: 1956 8, df=yes
Birth Place:Lagos, Lagos State, Nigeria
Occupation:Tax Administrator

Babatunde Fowler (born 12 August 1956) is a Nigerian public officer, tax administrator and social reformer. He was the executive chairman Lagos State Board of Internal Revenue and Chief Executive Officer Lagos State Internal Revenue Service. He is the former executive chairman of the Federal Inland Revenue Service (FIRS).[1] [2]

Career

The Board of internal revenue became autonomous and self-accounting with the passage into law in January 2006 of the Lagos State Revenue Administration Law and Fowler was appointed as the first CEO of the Lagos State Internal Revenue Service and executive chairman of the Lagos State Board of Internal Revenue.[3]

With this re-engineering, the new Lagos State Board of Internal Revenue has achieved a sharp increase in Internally Generated Revenue (IGR) from an average of ₦3.6 billion per month in January 2006 to an average of over ₦20.5 billion per month in 2014.[4]

Advocacy

Foweler advocates for less dependence on oil.The position was reiterated by him at an international conference where he warned the Federal Government of Nigeria that the "drastic drop in revenue had a negative impact on the balance in the federation account and by extension the amount accruing to the three tiers of government (in Nigeria) during the year 2009".[5] In stimulating interest and raising awareness on tax education at an early stage in life, Fowler introduced a competition for pupils which is funded by his board in which winners are given cash awards and scholarships.[6]

Notes and References

  1. Web site: 'Lagos is powered by internally-generated revenue' - Tunde Fowler. SIMEON EBULU. The Nation Newspaper. 2008-04-30.
  2. Web site: Dr Babatunde Fowler. LIRS. Internal Revenue Service - Lagos State.
  3. Web site: Buhari Appoints Babatunde Fowler New FIRS Chairman. 2015-08-20.
  4. Web site: Lagos generates N120bn from tax in 6 months . News Agency of Nigeria (NAN) . The Sun Newspaper . 2014-07-31 . dead . https://web.archive.org/web/20141203113226/http://sunnewsonline.com/new/?p=74668 . 2014-12-03 .
  5. Web site: FG cautioned on over-dependence on oil revenue. EMR. Energy Mix Report. 2014-01-04. 2018-09-29. https://web.archive.org/web/20180929143746/http://energymixreport.com/fg-cautioned-on-over-dependence-on-oil-revenue/. dead.
  6. Web site: LIRS splashes N.5m on essay contest for pupils . MOTUNRAYO ABODERIN . Punch Newspaper . 2012-10-26 . dead . https://web.archive.org/web/20121028111904/http://www.punchng.com/education/lirs-splashes-n-5m-on-essay-contest-for-pupils/ . 2012-10-28 .