 |
Babatunde Fowler | |
|---|---|
 | |
| Born | 12 August 1956 Lagos, Lagos State, Nigeria |
| Occupation | Tax Administrator |
| Spouse | Rosemary Fowler (m. 1982) |
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]
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]
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]
The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 39th-largest economy in the world in terms of nominal GDP, the largest in Africa and the 27th-largest in terms of purchasing power parity.
Lagos State is a state in southwestern Nigeria. Of the 36 states, it is both the most populous and smallest in area. Bounded to the south by the Bight of Benin and to the west by the international border with Benin, Lagos State borders Ogun State to the northeast making it the only Nigerian state to border only one other state. Named for the city of Lagos—the most populous city in Africa—the state was formed from the Western Region and the former Federal Capital Territory on 27 May 1967.
The University of Lagos, popularly known as UNILAG, is a public research university located in Lagos, Nigeria and was founded in 1962. UNILAG is one of the first generation universities in Nigeria and is ranked among the top universities in the world in major education publications. The university presently has three campuses in the mainland of Lagos. Whereas two of its campuses are located at Yaba, it's college of medicine is located at Idi-Araba, Surulere. Its main campus is largely surrounded by the Lagos lagoon and has 802 acres of land. The University of Lagos currently admits over 9,000 undergraduate students annually and enrolls over 57,000 students.
Nigerian National Petroleum Corporation (NNPC) is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources.
Olufemi "Femi" Olusegun Pedro is a Nigerian economist and politician who served as deputy governor of Lagos State from 2003 to 2007. Before his election alongside Bola Tinubu, he was a co-owner and the chief executive officer of First Atlantic Bank, now FinBank.
The Daily Times is a newspaper with headquarters in Lagos. At its peak, in the 1970s, it was one of the most successful locally owned businesses in Africa.
Musiliu Babatunde Obanikoro is a Nigerian politician. He served as Senator for Lagos Central from 2003 to 2007, and was later appointed High Commissioner to Ghana. He briefly served as minister of State for Defence in 2014.
Babatunde Raji FasholaSAN ; born 28 June 1963) is a Nigerian lawyer and politician who served as the federal minister of Works and Housing of Nigeria from 2019 to 2023. He previously served as the minister of Power, Works and Housing from 2015 to 2019. He also served two terms as governor of Lagos State from 29 May 2007 to 29 May 2015.
Shamsuddeen Usman,, is a Nigerian economist, banker, technocrat and public servant. He is currently the CEO of SUSMAN & Associates, an economic, financial and management consulting firm headquartered in Nigeria. He was the Finance Minister of Nigeria between June 2007 and January 2009 and also served as the Minister of National Planning from January 2009 to September 2013. Usman is the Chairman of Citibank Nigeria Limited.
Olufemi Peter Otedola is a Nigerian businessman and philanthropist. He is the former chairman of Forte Oil PLC, and is the current executive chairman of Geregu Power PLC.
Abdulmumin Jibrin is a Nigerian politician, businessman, academic, and former member of the Nigerian House of Representatives represented Kiru/Bebeji federal constituency of Kano State who was recently re-elected on the platform of the New Nigerian People Party. He served as the Federal Housing Authority's Executive Director of Research and Innovation Development from October 2021 until May 2022, under President Muhammadu Buhari's administration.
The Nigeria Sovereign Investment Authority is a Nigerian establishment which manages the Nigeria sovereign wealth fund, into which the surplus income produced from Nigeria's excess oil reserves is deposited. This sovereign wealth fund was founded for the purpose of managing and investing these funds on behalf of the government of Nigeria. The fund was established by the Nigeria Sovereign Investment Authority Act 2011, signed in May 2011, and commenced operations in October 2012. It is intended to invest the savings gained on the difference between the budgeted and actual market prices for oil to earn returns that would benefit future generations of Nigerians. The fund was allocated an initial US$1 billion in seed capital, and, an additional $0.60billion has been contributed to date by the current administration. In October 2023, the fund has US$2.3 billion in assets under management.
Adeola Rahman Ipaye is a Nigerian lawyer who served as the deputy chief of staff to the president of Nigeria from 2015 to 2023. He was also attorney general and commissioner for justice in Lagos State from 2011 to 2015.
Kayode Sofola, SAN, is a Nigerian jurist and former Chairman of United Bank for Africa.
Solomon Olamilekan Adeola also known by the alias Yayi, is a Nigerian politician who has served as Senator for Ogun West since 2023. He previously served as the Senator from Lagos West from 2015 to 2023. From 2011 to 2015, he was the Chairman of the House of Representatives Committee on Public Accounts. He is also a chartered accountant and a member of the Association of Accounting Technicians (AAT).
Bassey Albert Akpan CON is a Nigerian politician who has been a member of the Senate of Nigeria since June 2015. Previously, he was Commissioner of Finance in Akwa Ibom State from 2007 to 2014. He was first elected to the Senate in March 2015, to represent Akwa Ibom North-East Senatorial District and he won re-election for a second time in the February 2019 senatorial elections. He is a member of the ypp.ng.
Mukhail Adetokunbo AbiruFCA is a Nigerian banker and politician. He is the Senator representing the Lagos East Senatorial District at the 9th Nigerian National Assembly.
Muhammad Mamman Nami is a Nigerian accountant, management professional, tax administrator and public officer. He is the immediate past Executive Chairman of Nigeria's Federal Inland Revenue Service FIRS, the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria. He has almost three (3) decades of practical working experience in Auditing, Tax Management and Advisory and Management Services to clients in the Banking, Manufacturing Services and Public Sectors as well as Non- Profit organizations.
The Federal Inland Revenue Service (FIRS) is the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria.
Fuad Kayode Laguda, popularly known as FKL, was born on July 23, 1977, to the family of Late Ramota Olanrewaju and Muyideen Akinola Laguda of the Laguda Family of Lagos Island in Lagos State.