Stamp Duty: CBN says N378.7 billion collected in six years

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Stamp Duty: CBN says N378.7 billion collected in six years
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A lawmaker had alleged that some government agencies misappropriated N89.09 trillion collected as stamp duty.

has said that the total revenue collected as stamp duty in the last six years is N378.7 billion.

Last December, PREMIUM TIMES reported how a member of the House of Representatives, Gudaji Kazaure, alleged that some government agencies misappropriated N89.09 trillion collected as Stamp Duty revenues. In its response, the presidency in a statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, described the claim as a figment of the imagination of Mr Kazaure, who claimed to be the secretary of the committee.“CBN will not join in heating the system. We wrote to banks to give us in their letter headed papers and sign it how much they have collected from stamp duty from 2016 to date,” he said.

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