Skip to main content

NIPOST, FIRS Clash Over Stamp Duty Collection

The Nigeria Postal Service and the Federal Inland Revenue Service are currently in a tussle over who has the legal right to collect stamp duty for the country.

Recall that the government through the FIRS had increased the payment of stamp duties, which led to an uproar among Nigerians.

In a tweet, Chairman of NIPOST, Maimuna Abubakar, said the organisation was the only agency charged with the responsibility of producing adhesive stamps and revenue for the purchase of such stamp accrues to NIPOST.

She also said that there was nowhere in FIRS Act or Stamp Duty Act that states FIRS can produce stamp or sell such.


The NIPOST board chair also said FIRS did not only steal NIPOST stamps but also ideas.

She tweeted, “I am worried for NIPOST, having sleepless nights because of NIPOST, we need the general public to come to our aid, FIRS stole our mandate.

“FIRS are now selling stamps instead of buying from us. NIPOST are the sole custodians of national stamps, another agency printing and selling stamps is against the law of the land.

“FIRS did not only steal our stamps but also our ideas, what NIPOST had worked for since 2016, our documents, patent and sneaked everything into the finance bill and tactically removed the name of NIPOST.”

Abubakar revealed that NIPOST had generated over N60bn for the Federal Government.

Responding to Abubakar, the FIRS said it was the sole agency charged with the responsibility of assessing, collecting, and accounting for all tax types including stamp duties.

Director of Communication and Liaison of FIRS, Abdullahi Ismaila Ahmad, in a statement on behalf of the agency, said, “To be sure, NIPOST is a government parastatal established by Decree 41 of 1992 with the function to develop, promote, and provide adequate and efficiently co-ordinated postal services at reasonable rates.

“This function is clearly contrary to the claim by NIPOST over the administration of stamp duties in Nigeria.”

News

AddThis

Original Author

SaharaReporters, New York

Disable advertisements

from 24HRSNEWS
via 24HRSNEWS

Source



from EDUPEDIA247https://ift.tt/2BY7Gjk
via EDUPEDIA

Comments

Popular posts from this blog

Dust haze weather to prevail on Thursday, December 27

- The Nigerian Meteorological agency (NiMet) predicts thick dust haze weather conditions over most parts of the country - NiMet predicts northern states would experience dust haze - The agency also predicts early morning mist/fog is expected over the coastal cities The Nigerian Meteorological Agency (NiMet) has predicted thick dust haze weather conditions with reduced visibility over most parts of the country on Thursday, December 27. NiMet’s Weather Outlook on Wednesday, December 26, in Abuja, revealed that the central region of the country would record dust haze condition with visibility range of two to five kilometres throughout the day. It added that day and night temperatures of 27 degrees Celsius to 34 degrees Celsius and 10 degrees Celsius to 20 degrees Celsius, respectively, would prevail over the region. READ ALSO: Police reportedly arrest Badeh’s alleged killers The agency predicted that the northern states would experience dust haze with visibility range of two to fi...

N2.5bn Fraud: You Have Case To Answer, Appeal Court Tells Suspended NBC Boss, Kawu

The Director General of the National Broadcasting Commission, NBC, Ishaq Kawu. The Court of Appeal, sitting in Abuja, has dismissed an appeal filed by the suspended Director-General of the National Broadcasting Commission, Dr Moddibbo Kawu, challenging the decision of the Federal High Court, to dismiss the no-case submission he filed at the lower court. The Independent Corrupt Practices and Other Related Offences Commission had charged Kawu, Lucky Omoluwa (late Chairman of Pinnacle Communications Ltd) and Dipo Onifade, Chief Operating Officer of the same company, before Justice Folashade Ogunbanjo-Giwa, on a 12-count charge of money laundering. Is'haq Modibbo Kaw THISDAYLIVE The suspended NBC boss and his co-accused then approached the appellate court to reverse the judgment of the Federal High Court. The appellate dismissed the no-case submission filed by Kawu and his co-accused and held that they had an explanation to give when he elected to facilitate the payment of ...

Buhari’s Legacy Of Recessions By Fredrick Nwabufo

Fredrick Nwabufo ‘Why always Buhari?’ As it was in 1984 under General Buhari, so it is in 2016 and 2020 under President Buhari? Is it by the unfortunate hands of kismet that recession hits Nigeria every time Buhari takes charge of the country’s affairs? If the recession of the 80s under Buhari was a conspiracy by economic and political factors, to what do we attribute that of his first coming as a civilian President — and now in his second coming? Why does pestilence scourge the land, hunger ravage the population and lives lost malevolently when Buhari presides over the country? Why always Buhari? Buhari’s undoing is his wonted predilection for hierarchising ethnicity, religion and loyalty above competence. Since 1999, no President has obtrusively shown a more nepotistic aspect than Buhari. It is unarguable that the President arrays the most competence-challenged cabinet ever in the chronicle of governance in Nigeria. Yes, a recession cabinet. Fredrick Nwabufo Here is a cabin...