JUST-IN: Only N370.7bn Was Collected As Stamp Duty In 7 Years – Emefiele News
The CBN governor told journalists at a post-Monetsry Policy Committee meeting briefing in Abuja on Tuesday, that only N370.686bn was collected by all the commercial banks from stamp duty between 2016 when the stamp duty collection commenced and 2022.From that total amount raised, Mr Emefiele said the Federal Inland Revenue Service had disbursed the sum of N226,451,720,158.88 to the Federal Account Allocation Committee Account for disbursement to the three tiers of government.
Recall that a federal lawmaker, Hon. Gudaji Kazaure, had accused the CBN governor and the apex bank of illegally withholding a whopping N89trillion stamp duty levies, an allegation that had created much controversy in the system.
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