The presidency is yet to give a reason for Mr Banire’s removal. President Muhammadu Buhari has nominated Edward Lametek Adamu as the new Chairman of Asset Management Corporation of Nigeria.

In a letter to the Senate on Tuesday, president Buhari sought the confirmation of Adamu to replace the outgoing chairman, Muize Banire.

President Buhari also named other members of the board of the Federal Inland Revenue Service in his letter.

They are: James Yakwen Ayuba, Ado Danjuma, Adam Baba Mohammed, Ikeme Osakwe, Adewale Ogunyomade and Ehile Adetola Aigbangbee.

Mr Banire, 53, was appointed head of AMCON in December 2018.

The development comes a day after the president replaced Tunde Fowler as the head of Federal Inland Revenue Service, despite an appeal from Mr Fowler to be retained for a second term.

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