Nigeria, Dec. 9 -- President Muhammadu Buhari on Monday approved the exit of Babatunde Fowler as the chairman of the Federal Inland Revenue Service.

Mr Fowler's tenure as FIRS chairman expired Monday and the president could have appointed him for a second term in office.

Instead, Mr Buhari asked him to hand over to the most senior director in the outgoing board of the revenue agency.

Mr Buhari also named Muhammad Nami, a tax consultant, as the new chairman of the tax commission.

In a statement by his spokesperson, Garba Shehu, Mr Buhari also announced the constitution of a new board for the FIRS.

Read the full statement by Mr Shehu announcing the changes below.

PRESIDENT BUHARI NAMES NEW FIRS BOARD FOR SENATE CONFIRMATION

President...