The Minister of the Federal Capital Territory, Nyesom Wike, has relieved Mr. Michael Ango of his duties as Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, effective immediately. This decision was announced in a statement released on Friday by Lere Olayinka, the minister’s Senior Special Assistant on Public Communications and Social Media.
According to the statement, the most senior official of the FCT-IRS has been instructed to assume control of the agency with immediate effect. The reason behind Mr. Ango’s dismissal was not disclosed in the statement. The Federal Capital Territory Internal Revenue Service is responsible for the collection of taxes and other revenue in the FCT, playing a crucial role in the administration’s fiscal operations.
The sudden change in leadership may have implications for the agency’s operations and the territory’s revenue collection efforts. As the FCT-IRS is a key institution in the federal capital’s financial management, the transition is expected to be closely monitored. The minister’s decision to appoint an interim leader from within the agency suggests a desire for continuity and stability in the revenue collection process.
The Federal Capital Territory is a significant economic hub in Nigeria, and its internal revenue service is vital to the territory’s development and infrastructure projects. The FCT-IRS is tasked with ensuring compliance with tax laws and regulations, as well as providing revenue projections to support the territory’s budgeting process.
As the new leadership takes over, it is expected to focus on maintaining the agency’s core functions and ensuring a seamless transition. The minister’s office has not provided further details on the circumstances surrounding Mr. Ango’s removal or the long-term plans for the agency’s leadership. The development is likely to be closely watched by stakeholders, including taxpayers, businesses, and government agencies, as it may impact the territory’s fiscal policies and revenue collection strategies.