President Bola Tinubu has approved the appointment of Zacch Adedeji as the new acting executive chairman of the Federal Inland Revenue Service (FIRS) according to a statement by Ajuri Ngelale, special adviser to the president on media and publicity.
The statement also disclosed that the President has directed Muhammad Nami, the current FIRS chairman, to proceed on three months of pre-retirement leave, as provisioned by Public Service Rule (PSR) 120243, with immediate effect. The leave would lead to Nami’s eventual retirement from service on December 8, 2023.
“Hon. Zacch Adedeji is hereby appointed in acting capacity for a 90-day period before his subsequent confirmation as the substantive executive chairman of the Federal Inland Revenue Service for a term of four (4) years in the first instance.”
“Hon. Zacch Adedeji is a first-class graduate in accounting from the Obafemi Awolowo University. He most recently served the nation as the special adviser to the president on revenue,” the statement reads.
Zacch Adedeji was earlier appointed as the special adviser to President Bola Tinubu on revenue, and he had stated the current administration would ensure that every kobo of the nation’s revenue counts.
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A profile on Zacch Adedeji, Acting Chairman of the FIRS
Zacch Adedeji is an indigene of Oyo state with an impressive portfolio having held several public offices at the state and national level. An accountant by trade, he is a member of the ICAN and the CITN.
He is a First-Class graduate of Management and Accounting from the prestigious Obafemi Awolowo University, Ile-Ife. He later bagged a Master of Science in Accounting from the same university. His quest for knowledge took him to the famous Harvard Kennedy School of Government in the United States of America for an Executive Course in Economic Development.
Perhaps with an inclination as to what his future holds, he completed his doctorate degree in public sector finance from Obafemi Awolowo University
His professional career began at Procter & Gamble Company (P&G), a renowned American multinational consumer goods corporation headquartered in Cincinnati, Ohio, United States of America, with branches across several countries. where he held several management positions.
He was General Accounting and Stewardship Manager between January 2004 to May 2006, where he led a cross-functional team to prepare and report financial statements regionally and globally through a consolidated data entry tool. He held other positions before becoming Corporate Finance Manager (West Africa), overseeing Treasury, Corporate/Affiliate Accounting, AP &Tax at Procter and Gamble between August 2007 and May 2011.
Hon Adedeji was appointed as the commissioner for finance by Governor Abiola Ajimobi in 2011, becoming the youngest person to have occupied such a position. As the commissioner, he notably introduced brilliant, forward-thinking, revenue-boosting and cost-saving reforms that pushed up the Internally Generated Revenue (IGR) of the state, while maintaining a record of not incurring new state debt and reduced the state’s debt exposure by 50%.
He was appointed as the fifth substantive Executive Secretary of the National Sugar Development Council in March 2021 by former President Muhammadu Buhari, to the delight of stakeholders in the sugar sector.
For over two years, he has worked diligently towards Nigeria’s drive to attain self-sufficiency in sugar production through faithful implementation of the Nigeria Sugar Master Plan (NSMP).