Governor Akinwunmi Ambode of Lagos State has sacked Chairman of the State Internal Revenue Service (LIRS), Mr. Folarin Ogunsanwo and immediately nominated Mr. Ayodele Hamzat Subair as his replacement.
It was learnt that Ogunsanwo was relieved of his appointment last week following allegations of financial irregularities under his watch.
Consequently, the governor on Monday, sent a letter to the House of Assembly requesting for the confirmation of Subair as the new Chairman of the LIRS.
In the letter read on the floor of the House of Assembly by the Speaker, Rt. Hon. Mudashiru Obasa, Gov. Ambode said, “following the retirement of the erstwhile Chairman, Mr. Folarin Ogunsanwo, who held the position since September 2015, it became expedient to quickly seek a suitable replacement in view of the vital position of the LIRS towards its revenue generation drive and in attainment of his administration’s set target to deliver good governance to the citizenry”.
Subair, who was born on May 21, 1960, holds a Bachelor of Arts Degree in Economics from the Metropolitan University of Manchester, United Kingdom and a Masters Degree in Business Administration from the University of Lagos.
A fellow of the Institute of Chartered Accountants of Nigeria (ICAN), member of both the Chartered Institute of Taxation of Nigeria (CITN) and the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), Mr. Subair is a professional with over 34 years’ working experience.
Prior to venturing into private practice in 1987 with the establishment of Hamzat Subair and Co. Chartered Accountants, where is the Managing Partner, the new LIRS boss worked at Price WaterHouse Chartered Accountants.
He was also the pioneer Director of Lagos State Lotteries Board and has worked with various international agencies such as the International Finance Corporation (IFC).
Ambode said Subair’s presentation to the House of Assembly for confirmation was in conformity with Section 2 of the Lagos State Revenue Administration Law (2006).