The Nigeria Postal Service (NIPOST) has been excluded from the N137.2 billion capital vote of the Ministry of Communications and Digital Economy captured in the 2022 budget.
Nigerians have commended the Federal Government on its move to unbundle the Nigerian Postal Service (NIPOST), saying it will enhance the company’s revenue generation and effectiveness.
Punch Newspapers
Sections
Published 12 March 2021
The Federal Government on Thursday declared that the Nigeria Postal Service was the agency authorised to produce and collect stamp duties across the country.
By this declaration, NIPOST has reclaimed the right to collect stamp duties from the Federal Inland Revenue Service.
This brings to an end the prolonged years of scuffle between both agencies on who had the authority to collect stamp duties in Nigeria.
The Minister of Communications and Digital Economy, Isa Pantami, made the latest decision public in Abuja during the inauguration of Nigeria’s 60th Independence Anniversary Commemorative Postage Stamps.
He said, “Our efforts regarding the issue of stamp duty collection with other government institutions have yielded positive results.