• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

‘Squabble degenerating’ I cannot tolerate injustice, Comm minister explodes over stamp duty

Freelanews by Freelanews
September 6, 2020
in Business
0
Isa Ali Ibrahim Pantami 600x338 1

The federal government has waded into the face-off between Nigerian Postal Services (NIPOST) and the Federal Internal Revenue Service (FIRS) over stamp duty.

In August, the agencies had a public squabble with reference to duty collection.

The verbal war followed disagreement on which agency is saddled with the responsibility of implementing the Stamp Duty Act.

Organised labour and some civil society organisations have opposed the policy.

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

Pantami disclosed that he intervened after the matter became public and realised that NIPOST’s name was replaced at the National Assembly.

The revelation means that FIRS was secretly inserted in the bill.

The minister said even the Minister of Finance was not aware of the “strange” occurrence.

He said: “I wrote to and discussed with the Minister of Finance, who supervises FIRS, and I pointed out the wrong that was done to NIPOST. I contacted the Attorney General of the Federation (AGF) to give his legal opinion on the matter. I also reported the issue to the President with relevant documents.

“I am aware that NIPOST initiated the bill of stamp duty. The staff did everything to the National Assembly and defended the bill to the extent that the minister of Finance officially endorsed that NIPOST was to collect stamp duty. When the bill was in the process of being approved, NIPOST started collecting stamp duty. And they collected over N50billion naira in their account in CBN.

“A day before the final decision on the bill at the National Assembly, something strange happened without the knowledge of the Minister. NIPOST’s name was substituted with another institution, and the following day, a decision was taken. I am not worried about some institutions collecting money, it is just that I cannot tolerate injustice.

“NIPOST, with a staff capacity of over 12, 000 in Nigeria, they don’t get even 1 kobo from the federal government for any capital project. That is why all their offices are dilapidated.

“And after they came up with the process of digitalizing their activity, some people decided to take the joy away from them,” he concluded.

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

The ambassador of the Republic of Korea to Nigeria, Mr. Kim Young-Chae and the Public Relations Manager, LG Electronics, West Africa Operations, Moses Osime at the Korean National Day Reception 2023 held in Abuja recently.
Business

LG Electronics unveils cutting-edge innovations at 2023 Korean National Day reception (Photos)

by Rtn. Victor Ojelabi
November 10, 2023
MTN PS scaled
Business

‘Skill training initiative’ MTN Nigeria plans to engage 3000 young entrepreneurs in ICT

by Rtn. Victor Ojelabi
January 20, 2022
b1a08ed671773fc5
Business

Marketers eye N700/litre diesel after Dangote price cut

by Quadri Olaitan
April 22, 2024
cbn
Business

‘Unification agenda’ CBN devalues naira by N6 in move to fixing values

by Rtn. Victor Ojelabi
November 28, 2020
STOCK EXCHANGE PS
Business

‘Nosedived’ Nigerian equities fall 0.11 percent due to low trading volume

by Rtn. Victor Ojelabi
February 5, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.