NIPOST takes Over Collection of Stamp Duty Charges from FIRS BY March 11, 2021

Minister of Communication and Digital Economy, Dr. Ibrahim Isa Pantami presenting the new Commemorative stamp to the public, flanked by the Postmaster General of the Federation Mr. Adebayo Ismail, and Heads of Agencies under the Ministry.

The Minister of Communications and Digital Economy, Dr. Isa Pantami announced on Thursday that the Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service(FIRS).

The Minister made this statement at the launch of Nigeria’s 6oth Independence Anniversary Commemorative Postage Stamps held at the Digital Economy Complex, Mbora, Abuja.

‘’Our efforts regarding the issue of Stamp Duty Collection with other government institutions have yielded positive results. NIPOST has been recognized as a government agency with statutory and historical authority to be the producer of stamps and recognized for the collection of stamp duties for validation of financial transactions in the country.

‘’ We appreciate M President for listening to our complaints, and we extend our gratitude to him and the Senate and House Committees for their intervention in ensuring that justice was done,’’ Dr. Pantami Said.

The Minister said challenges of regulation policy and financing confronting NIPOST over the years are being addressed with a view to placing the Agency on a platform that would enable it to generate revenue for the Federal government.

He said, NIPOST would be unbundled into three companies to boost its operations, while efforts are on the pipeline for Federal Executive Council to approve the renovation and rehabilitation of all its dilapidated offices across the country.

The Minister noted that 97 percent of the rule-making procedures of NIPOST are being done to facilitate robust debates on the  Acts establishing the Agency, asserting that this was being done to ensure robust contributions from stakeholders anytime there is a need for subsidiary legislation to enhance the operation of the Agency.

The Chairman of the NIPOST Board, Hajiya Maimuna Abubakar said NIPOST by the presentation of the anniversary stamps, has again shown that it would continue to play its roles in advancing the rich culture and historical heritage of the country.

NIPOST takes Over Collection of Stamp Duty Charges from FIRS BY March 11, 2021

Minister of Communication and Digital Economy, Dr. Ibrahim Isa Pantami presenting the new Commemorative stamp to the public, flanked by the Postmaster General of the Federation Mr. Adebayo Ismail, and Heads of Agencies under the Ministry.

The Minister of Communications and Digital Economy, Dr. Isa Pantami announced on Thursday that the Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service(FIRS).

The Minister made this statement at the launch of Nigeria’s 6oth Independence Anniversary Commemorative Postage Stamps held at the Digital Economy Complex, Mbora, Abuja.

‘’Our efforts regarding the issue of Stamp Duty Collection with other government institutions have yielded positive results. NIPOST has been recognized as a government agency with statutory and historical authority to be the producer of stamps and recognized for the collection of stamp duties for validation of financial transactions in the country.

‘’ We appreciate M President for listening to our complaints, and we extend our gratitude to him and the Senate and House Committees for their intervention in ensuring that justice was done,’’ Dr. Pantami Said.

The Minister said challenges of regulation policy and financing confronting NIPOST over the years are being addressed with a view to placing the Agency on a platform that would enable it to generate revenue for the Federal government.

He said, NIPOST would be unbundled into three companies to boost its operations, while efforts are on the pipeline for Federal Executive Council to approve the renovation and rehabilitation of all its dilapidated offices across the country.

The Minister noted that 97 percent of the rule-making procedures of NIPOST are being done to facilitate robust debates on the  Acts establishing the Agency, asserting that this was being done to ensure robust contributions from stakeholders anytime there is a need for subsidiary legislation to enhance the operation of the Agency.

The Chairman of the NIPOST Board, Hajiya Maimuna Abubakar said NIPOST by the presentation of the anniversary stamps, has again shown that it would continue to play its roles in advancing the rich culture and historical heritage of the country.

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