ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, June 24, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Headline

Former FIRS Chairman Nami clarifies N5bn payment to Joint Tax Board

“I want to categorically state that every decision I made within the time of my stay in office was within the ambit of the law and within the lawful powers I exercised then as Executive Chairman.

by NewsOnline Nigeria
September 29, 2023
in Headline
0
Former FIRS Chairman Nami

Former FIRS Chairman Nami has clarified the N5bn payment to the Joint Tax Board.

 

NewsOnline Nigeria reports that the former Chairman of the Federal Inland Revenue Service, FIRS, Muhammad Nami, has debunked an online report alleging that he gave approval for payments of huge amounts of money after his retirement.

 

This Nigeria News platform understands that an online newspaper earlier on Thursday alleged that Nami approved the payments of N11 billion to several contractors, consultants, and others after his exit on September 14.

 

However, reacting to the allegations, Nami, in a statement he personally signed on Thursday, described the report as mischievous, saying the entire story was “sensationally written with mischief that took the ordinary events of my work out of context with the intent to tarnish my image”.

 

The former FIRS boss, however, explained that the service paid about N5 billion to the Joint Tax Board to fund the activities of the Presidential Committee on Tax and Fiscal Policy Reforms two months before his exit.

 

According to him, the money was paid after the FIRS received a letter from the office of President Bola Tinubu and signed by Zacchaeus Adedeji, his successor.

 

The statement reads, “Fundamentally: It is important to note that no payment was made by the Service after the announcement of my pre-retirement leave, as claimed by this story.

 

“Approval for payment in the service is one step of the journey to payment. It is the custom that when a new Executive Chairman resumes office, he will review, validate and make final authorisation before any payments can be made.

 

“It is important to note for the record that all decisions reached and extant liabilities/ commitments of the Service during my stay in office are contained in the handover notes I made available to my successor, Mr. Zacch Adedeji.

 

“He is fully briefed on everything. For clarity, the items listed in the Cable Newspaper Report were part of the N16 billion outstanding commitments contained in our handover note.

 

“The N5 billion paid to the Joint Tax Board was paid to fund the activities of the Presidential Committee on Tax and Fiscal Policy Reforms two months before I left office. It was paid after we received a letter to that effect from the office of Mr. President signed by Zacch Adedeji himself.

 

“The report maliciously attempts to portray a picture that I hurriedly left the country on September 16th after these so-called “suspicious approvals” were made.

 

“Again, nothing can be further from the truth. If I travelled out of the country on the 16th of September, how would I then attend the handover ceremony with Mr. Zacch on the afternoon of Monday, 18th September 2023? That handover ceremony was covered by the media and can be cross-checked.

 

“It is disappointing to see an online newspaper attempt to sensationalise events that took place in the ordinary course of work in an office, making them seem as if they were done in bad faith.

 

“I want to categorically state that every decision I made within the time of my stay in office was within the ambit of the law and within the lawful powers I exercised then as Executive Chairman.

 

“I inherited only N1.4 billion in the purse of the FIRS when I assumed office. I left N129 billion in the purse of the Service when I left”.

ADVERTISEMENT
Previous Post

Atiku calls out Tinubu over plots to halt release of Chicago academic records

Next Post

LAMATA appears before Lagos Assembly over non-use of Yoruba language in Train announcement

Next Post
LAMATA

LAMATA appears before Lagos Assembly over non-use of Yoruba language in Train announcement

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria