The agencies have been feuding since 2019 over the exclusive right to Stamp Duty collection.
While the FIRS said the Finance Act 2019 conferred on it the
exclusive right to collect stamp duty on behalf of the Federal
Government, NIPOST countered this by saying the Act contains some
“contradictions” which should be addressed by appropriate authorities.
Also insisting that the Office of the Accountant-General had issued a
circular to them on the collection of both physical and electronic
stamp duty of N50, the postal agency said in a statement on Sunday May
31 that its statutory powers confer on it the right to print, mint,
produce, retail, and provide adhesive postage stamp for the use of
Nigerians.
Daily Trust reported that NIPOST also averred that it is statutorily
empowered to collect stamp duty and it would not give up its right on
it.
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