Stamp Duty

AN OPEN LETTER TO PRESIDENT MUHAMMADU BUHARI, GCFR, PRESIDENT FEDERAL REPUBLIC OF NIGERIA. 8th Jan. 2023 His Excellency, Muhammadu Buhari, GCFR, President, Federal Republic of Nigeria and Commander in Chief of the Armed…
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By Baba Aminu The governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has demanded N500 million damages for alleged defamation of character by a member of the House of Representatives, Gudaji Kazaure. Mr Kazaure, who represents…
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The Nigerian Postal Service, NIPOST, has distanced itself from revenue collected on it behalf by Central Bank of Nigeria (CBN) and other commercial banks in the name of stamp duty. Meanwhile, PRNigeria gathered that the management and…
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The Federal Government has expressed readiness to provide the much-needed support to any States of the country, as may be required, in a bid to recover the backlog of Stamp Duty and generate more revenue to the country. Attorney-General of…
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Senate on Tuesday has mandated its committee on Finance to investigate the alleged over N20 trillion unremitted Stamp Duties revenue accrued to the federal government of Nigeria from banks and other financial institutions through Nigeria…
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By Biola Adebayo The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says it will soon commence probe of banks over stamp duties collection as it expects to recover more than N100 billion from the probe. A statement by…
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Governors under the auspices of the Nigerian Governors Forum (NGF) are currently meeting in Abuja over the contentious issue of minimum wage implementation as well as the issue of stamp duties which is a subject of litigation. The…
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