Home / News / Stamp Duty war: NIPOST was secretly substituted at National Assembly – Pantami explodes

Stamp Duty war: NIPOST was secretly substituted at National Assembly – Pantami explodes

The federal authorities has waded into the face-off between Nigerian Postal Companies (NIPOST) and the Federal Inside Income Service (FIRS) over stamp responsibility.

In August, the businesses had a public squabble just about responsibility assortment.

The verbal battle adopted disagreement on which company is saddled with the responsibilty of implementing the Stamp Responsibility Act.

Organised labour and a few civil society organisations have opposed the coverage.

Talking to PRNigeria’s Financial Confidential, Minister of Communications and Digital Economic system, Isa Pantami, condemned what he described as usurpation of NIPOST’s job.

Pantami disclosed that he intervened after the matter turned public and realised that NIPOST’s identify was changed on the Nationwide Meeting.

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The revelation signifies that FIRS was secretly inserted within the invoice.

The minister mentioned even the Minister of Finance was not conscious of the “unusual” incidence.

He mentioned: “I wrote to and mentioned with the Minister of Finance, who supervises FIRS, and I identified the improper that was accomplished to NIPOST. I contacted the Lawyer Normal of the Federation (AGF) to present his authorized opinion on the matter. I additionally reported the difficulty to the President with related paperwork.

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“I’m conscious that NIPOST initiated the invoice of stamp responsibility. The workers did every thing to the Nationwide Meeting and defended the invoice to the extent that the minister of Finance formally endorsed that NIPOST was to gather stamp responsibility. When the invoice was within the technique of being permitted, NIPOST began accumulating stamp responsibility. They usually collected over N50billion naira of their account in CBN.

“A day earlier than the ultimate choice on the invoice on the Nationwide Meeting, one thing unusual occurred with out the information of the Minister. NIPOST’s identify was substituted with one other establishment, and the next day, a call was taken. I’m not nervous about some establishments accumulating cash, it’s simply that I can’t tolerate injustice.

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“NIPOST, with a workers capability of over 12, 000 in Nigeria, they don’t get even 1 kobo from the federal authorities for any capital mission. That’s the reason all their workplaces are dilapidated.
And after they got here up with the method of digitalizing their exercise, some individuals determined to take the enjoyment away from them,” he concluded.

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