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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.
The Federal Government has provisionally awarded tenders to develop 57 of its marginal oilfields, which could net about $500 million in signature bonuses.
FG Grants Provisional Award Tenders for 57 Marginal Oilfields thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.