NIGERIAN Postal Service (NIPOST) on Sunday denied operating an illegal stamp duty account. It said only the Central Bank of Nigeria (CBN)
It said only the Central Bank of Nigeria operates the Treasury Single Account opened for stamp duty.
“We hereby state categorically that the statement is false and was made to misinform and mislead members of the public,” the statement said. “The account belongs to the Federation, and NIPOST does not have access to whatsoever money lodged into the account. As such, the question of illegality and misappropriation does not arise.
“NIPOST is, therefore, taken aback when FIRS took to the Tweeter to call out the Chairman of NIPOST’s Board, Maimuna Yaya Abubakar, who only tried to bring the attention of the service and public that NIPOST would be emasculated if the Act is not properly implemented.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Our stamp duty account not illegal, CBN opened it - NIPOSTNIPOST and FIRS are in dispute over who of them has the responsibility to collect stamp duties for the federal government
Read more »
CBN approved our stamp duty account, NIPOST replies FIRS
Read more »
CBN Approved Our Stamp Duty Account, NIPOST Replies FIRS - THISDAYLIVEThe Nigerian Postal Service (NIPOST) yesterday said its stamp duty account was opened by the Central Bank of Nigeria under the Treasury Single Account (TSA) in response to claims made by the Federal Inland Revenue Service (FIRS). NIPOST said its attention was drawn to a publication by FIRS alleging that the postal service agency operated …
Read more »
CBN to unify exchange rates, pegs naira at 379/$|p style=
Read more »
FIRS vs NIPOST: What's brewing? - Latest Nigeria News, Nigerian Newspapers, PoliticsFor many Nigerians the exchanges are needless as the dispute can be resolved by supervising offices within the same government.
Read more »
Stamp duty account: You lied, NIPOST tells FIRS|p style=
Read more »