News
Muhammad Nami: Double honour for the nation’s tax czar
By Nkem Precious Esq
The aphorism that there is no hiding place for the golden fish was practically manifested last week when the Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Mamman Nami deservedly bagged double awards from reputable organisations. The nation’s number one tax collector at separate events was named winner of the Institute of Chartered Accountants of Nigeria (ICAN) Merit Award and the winner of the BusinessDay Excellence in Public Service Award.
Since his assumption of office as the Executive Chairman of the FIRS in 2019, Mr Muhammad Nami has been going about his duty with uncommon zest, focus and vigour. Within the relatively little years of his stewardship as the helmsman of the nation’s biggest tax agency, he has raised the bar of leadership at FIRS by posting many remarkable strides in office.
The FIRS Executive Chairman’s latest meritorious garland was bestowed on him at the 2023 annual awards of ICAN which took place at the Monarch Event Centre, Lagos, on Saturday 6 May, 2023. Muhammad Nami who was honoured in the non-members category at the event, was described by the President of ICAN, Mr Tijani Musa Isa, as a self-effacing and humble achiever who has steered the FIRS to excel in the national and international tax circle despite global economic downturns.
While eulogising the nation’s number one tax chief for achieving several milestones in revenue collection, the ICAN President said the Merit Award is in recognition of Muhammad Nami’s positive impact in the society stressing that he has made significant contribution to the institute and to Nigeria. “The governing board deemed it fit to acknowledge the role you (Nami) have played and your outstanding achievements,” Isa emphasised.
Muhammad Nami’s virtues as a leader imbued with exemplary and rare professional moral fibre were further captured in the citation read at the ICAN event, in which he was aptly described as “a go-getter and an ingenious leader.”
The impactful reforms which he is implementing at FIRS did not escape the attention of the Institute as they were acknowledged as eloquent attestations to his dexterity, visionary leadership and patriotism. The citation took cognitive note of the fact that under his visionary leadership, the FIRS in 2022 achieved an unprecedented revenue collection of N10.1 trillion, the highest tax collection ever made in the annals of the country.
At a similar event two days earlier in the same week, the FIRS boss was named the winner of the BusinessDay Excellence in Public Service Award 2022. The event took place on Thursday 4 May, 2023 at the BusinessDay States Competitiveness and Good Governance Awards.
BusinessDay Newspaper explained that it named him the winner of the award for his “visionary and leadership qualities [that] have brought tremendous change to the FIRS.”
It underscored Muhammad Nami’s landmark achievements by transforming the tax administration and compliance landscape in Nigeria. Prominent on the checklist of his strides in the transformative aspect is the introduction of the revolutionary TaxPro Max which is FIRS’ home-grown digital platform for tax administration. The hugely successful digital platform allows taxpayers to register, file returns and pay their taxes easily from any location other than their respective tax offices. TaxPro Max has proved an effective antidote of the delays and frustrations usually associated with the labyrinthine wholly manual process of the past that often lent itself to leakages, delays and frustrations.
BusinessDay commended Muhammad Nami for repositioning the operations and staff of the FIRS, as well as introducing technological tools to institute more transparency, accountability, and effectiveness, which in turn has translated into increased capacity to deliver on the mandate with outstanding results.
The Executive Chairman’s response after receiving the ICAN Merit Award captured his professional trajectory from a humble beginning through the rungs to the higher rungs of professional excellence. He summed his professional odyssey this way: ”Since I left the university, over 32 years ago, I have had the privilege and luck to be directly and indirectly associated with ICAN members: from the PKF, to Manam Professional Services, and now I am working directly with well over 3,000 members of this Institute as the Executive Chairman of the FIRS.”
He went on to dedicate the award to his alma maters (from primary to tertiary levels), his former colleagues at the Presidential Committee on Audit of Stolen Recovered Stolen Assets, members of the Tax Advisory Committee of the FIRS, all taxpayers, FIRS board members, management and staff of the FIRS plus his family members.
A rundown of Muhammad Nami’s rich profile reveals a man who is properly trained and horned in the fields of tax, accounting and management. He is a thoroughbred professional with highly rated qualifications and practicing licenses from relevant professional bodies.
An accountant, management professional, tax administrator and public officer, Muhammad Nami has more than three decades of practical working experience in auditing, tax management and advisory as well as management services to clients in the banking, manufacturing services and public sectors in addition to non- profit organisations.
He is an expert in rendering advisory support services to investors in respect of new businesses. He has also continuously rendered outsourced services to clients in both trading, service and manufacturing sectors of the nation’s economy.
A fellow of Chartered Institute of Taxation of Nigeria and Association of National Accountants of Nigeria, the FIRS boss is also an Associate Member of the Nigerian Institute of Management (Chartered) and Chartered Institute of Stockbrokers (CIS) as well as a graduate member of the Institute of Chartered Accountants of Nigeria (ICAN).
Like the great oak that grew from little acorns, Muhammad Nami started his career with PKF in 1993 and rose to the position of a senior consultant in charge of tax management and advisory services. From October, 2018 to December, 2019, he also served as the Managing Consultant of Manam Professional Services, a Chartered Tax Practitioners and Advisers firm that had offices in Kaduna, Abuja and Minna.
He is the current President of the Commonwealth Association of Tax Administrators (CATA). He is the Chairman of the Joint Tax Board (JTB), a statutory position he holds as the Executive Chairman of the FIRS. He is the immediate past Chairman of the African Tax Administrators Forum (ATAF). These roles have invariably conferred on him the need to contribute to the growth and development of Nigeria, Africa and the commonwealth nations.
As a proactive and innovative leader, he has since proved bookmakers right that he is more than equal to the task. The reforms he is implementing at FIRS attest to his dexterity, visionary leadership and patriotism. Under his visionary leadership, the FIRS in 2022 achieved an unprecedented revenue collection of N10.1 trillion, which is the highest tax collection ever made in the history of the country.
Recently, he earned accolades for audacious deployment of technology as well as the introduction of unprecedented reforms in Nigeria’s tax administration including data mining and strategic intelligence gathering for improved revenue generation.
His sterling leadership and impressive scorecard have earned him and the FIRS several other awards. For instance, in October 2022, President Muhammadu Buhari conferred on him the Excellence in Public Service Award for Fiscal reforms at the FIRS while he also received the Leadership Newspaper Public Servant of the Year Award for 2022.
Muhammad Nami’s exemplary leadership style has greatly helped to galvanise and motivate the management and entire workforce of the FIRS to be disciplined and amenable to basic etiquette of the Service.
The fact that he is a man driven by ideas and positive results is attested to by the regular on-the-job trainings and brainstorming sessions he organises at the FIRS. He is a modern era leader that is never weary of updating and introducing result-yielding innovative ideas and techniques.
Among other contributory factors to the astounding success of Muhammad Nami at the FIRS are his humble and honest attributes. Beneath the veneer of his gentle mien is the steely quality of a leader who does not compromise integrity and value in the discharge of duty. Certainly, the FIRS under the clear-headed, confident and chivalrous leadership of Muhammad Nami is primed for more plumage of honours and awards in future.
- Nkem Precious is an Abuja based lawyer
News
Nigeria Bans Honorary Degree Holders from Using ‘Dr’ Title
The Federal Government has officially banned recipients of honorary degrees from using the “Dr” title as a prefix to their names, in a move aimed at curbing the misuse and politicisation of academic honours.
The directive was announced on Wednesday by the Minister of Education, Tunji Alausa, following a Federal Executive Council (FEC) meeting held at the Presidential Villa in Abuja.
Speaking to State House correspondents, Alausa expressed concern over what he described as the growing abuse of honorary doctorate awards across the country.
“The recent trend we’ve seen with the award of honorary degrees has revealed a growing abuse and politicisation of this academic privilege,” he said.
“We’ve seen awards being used for political patronage, for financial gain, as well as the conferral of awards on serving public officials, which, as part of the ethics of honorary degree awards, should not happen.”
New Directive Takes Effect
Under the new policy, individuals conferred with honorary doctorate degrees will no longer be allowed to use “Dr” as a prefix in any official, academic, or professional setting.
Instead, recipients are required to clearly state the full honorary designation after their names—for example, John Doe, Honorary Doctor of Letters (D.Litt)—rather than adopting the “Dr” title.
The government clarified that only individuals who have earned doctoral degrees through academic study or are certified medical practitioners will retain the legal and professional right to use the “Dr” prefix.
Move to Restore Academic Integrity
The decision is part of broader efforts by the Federal Government to restore credibility and integrity to Nigeria’s education system, particularly in the awarding of honorary degrees.
Education stakeholders have long raised concerns over the proliferation of honorary doctorate awards, with some institutions accused of granting such honours without strict academic or ethical standards.
Observers say the new regulation is expected to discourage the commercialisation of honorary degrees and reinforce the distinction between earned academic qualifications and ceremonial recognitions.
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Abuja
Mercedes G63 Kills Six Cows in Abuja Highway Crash
A luxury Mercedes-Benz G-Class G63 AMG was involved in a late-night crash on a major highway in Abuja, killing six cows and sparking renewed concerns over road safety and enforcement of grazing laws in the Federal Capital Territory.
The incident occurred around 8 p.m. on Monday,
according to eyewitness accounts, when the high-speed SUV collided with a herd of cows that had reportedly strayed onto the roadway. A video circulating on social media shows the aftermath, with the white cows lying across the dark highway as traffic officials worked to manage the situation.
As of the time of filing this report, there were no confirmed injuries to the driver or any passengers in the vehicle. Unverified reports on social media suggested that the SUV sustained only minor damage despite the severity of the collision.
The accident has reignited debates over the continued presence of cattle on major roads in Abuja, despite the 2017 ban on open grazing introduced by the Federal Capital Territory Administration. The policy was designed to curb frequent clashes between herders and communities, as well as prevent traffic disruptions and accidents caused by roaming livestock.
Residents and road users have repeatedly raised concerns about the enforcement of the grazing ban, noting that cows are still often seen along highways and within urban areas of the capital. Monday night’s crash is the latest in a series of such incidents, highlighting ongoing gaps in regulation and compliance.
Authorities are yet to release an official statement on the crash or confirm whether any action will be taken regarding the presence of the cattle on the highway.
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Jobs
Job Vancancy: Moniepoint Job Vacancies in Abuja and North Central Nigeria
Leading Nigerian fintech company Moniepoint has announced six new job openings across Abuja and several states in the North Central region, expanding its workforce in compliance, technical operations, sales, and security management.
The vacancies cut across multiple departments, reflecting the company’s continued growth in agent banking, SME solutions, and digital financial infrastructure services.
Available Positions
Field Risk & Internal Control Officer (North Central)
- Team: Compliance
- Location: FCT, Nigeria
The role focuses on monitoring operational risks, enforcing internal control standards, and ensuring compliance across field operations in the region.
Apply Here
Hardware Engineer
- Team: Advanced Technical Operations
- Location: FCT, Nigeria
Successful candidates will handle hardware installation, maintenance, troubleshooting, and technical support for field operations.
Apply Here
Implementation Officer (North Central)
- Team: Moniebook Business Management Tools
- Locations: Benue, Plateau, FCT
This role involves onboarding merchants and ensuring smooth deployment of Moniepoint’s business tools across assigned regions.
Apply Here
Inbound Sales Officer (Abuja)
- Team: Moniebook Business Management Tools
- Location: FCT, Nigeria
The position focuses on handling inbound customer inquiries, converting leads, and supporting sales growth for Moniepoint business solutions.
Apply Here
Regional Lead, Corporate Security (North)
- Team: Moniepoint MFB
- Locations: FCT, Kano
The role oversees corporate security operations, risk prevention strategies, and protection of company assets across northern Nigeria.
Apply Here
Regional Lead, Field Risk & Internal Control (North)
- Team: Compliance
- Location: FCT, Nigeria
This leadership position is responsible for coordinating regional risk management teams and strengthening internal control systems.
Apply Here
The hiring drive comes as fintech companies in Nigeria continue to expand their physical and digital operations across underserved regions, particularly in agent banking and SME support services.
Moniepoint, one of the fastest-growing fintech firms in the country, has steadily increased recruitment in technical, compliance, and field operations roles over the past year.
With these openings, Moniepoint is strengthening its presence in Abuja and northern Nigeria while scaling its financial services infrastructure across the country.
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Business
Nigerians Slam Moniepoint CEO Over ‘Talent Quality’ Remarks Amid Hiring Debate
Comments by Tosin Eniolorunda, CEO of Moniepoint, have sparked a heated debate online after he questioned the quality of Nigeria’s talent pool while discussing his company’s hiring challenges.
Speaking at the The Platform Nigeria on May 1, Eniolorunda said the fintech firm had advertised over 500 vacancies since 2024 but struggled to find qualified local candidates. He revealed that by 2025, the company reversed its local-only hiring policy due to the shortage.
“I used to feel Nigerians are really bright… but we are still struggling to find Nigerians to fill those roles. They don’t meet global standards,” he said, attributing the gap to factors such as social media distractions, cybercrime, hookup culture, and weaknesses in the education system.
Backlash and Counterarguments
His remarks triggered swift backlash from Nigerians, particularly within the tech community, with many accusing local companies of failing to invest in talent development.
Critics argued that unlike global firms, Nigerian tech companies rarely offer structured, paid internship programs or training pipelines to groom young professionals. Some pointed to examples of international companies like Oracle Corporation, where internships and early talent programs serve as entry points into full-time roles.
Others shared personal experiences of being rejected by local firms despite strong resumes, while noting that Nigerian professionals continue to secure roles in global companies such as Amazon.
A recurring sentiment online was that many Nigerian companies demand “global-standard talent” but are unwilling to offer competitive compensation or career development opportunities.
Industry Perspective
Supporters of Eniolorunda’s stance, however, pointed to the realities of scaling a fast-growing fintech company in a competitive global market. They cited brain drain, limited specialized skills, and increasing demand for top-tier expertise as genuine challenges facing Nigerian startups.
Analysts say the controversy highlights a broader issue within Nigeria’s tech ecosystem balancing expectations between employers and job seekers, while addressing gaps in education, training, and remuneration.
The debate mirrors ongoing tensions around talent development, compensation, and hiring practices in Nigeria’s fast-evolving tech sector.
As companies expand and compete globally, the question of how to build, retain, and fairly reward talent is likely to remain a central issue.
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News
Outrage as Soldier Assaults Journalist Over Traffic Dispute in Lagos
A Nigerian soldier has allegedly assaulted a journalist, Fakoyejo Olalekan, during a traffic control operation in Lagos State, triggering widespread public condemnation after video footage of the incident surfaced online.
The clash occurred on May 2 near Pleasant Event Centre in Ikeja, where personnel of the Nigerian Army were reportedly directing heavy traffic.
According to eyewitness accounts, the altercation began after Fakoyejo remarked to passengers that a soldier’s handling of a motorcyclist had caused an unnecessary delay. The comment allegedly angered one of the soldiers, who ordered everyone out of the vehicle.
The situation escalated when the soldier reportedly slapped and shoved the journalist, and briefly reached for a piece of wood before bystanders intervened to prevent further escalation.
Video clips circulating on social media show at least two soldiers involved in the confrontation. During the incident, Fakoyejo’s phone screen was also seen shattered on the pavement. No serious injuries were reported.
The footage has since triggered widespread criticism online, with many users calling for accountability and questioning the conduct of military personnel during civilian traffic enforcement duties.
As of May 4, the Nigerian Army had yet to issue an official response despite being tagged in multiple public complaints and posts about the incident.
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