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NIPOST AND FIRS AT WAR OVER STAMP DUTIES

NIPOST AND FIRS AT WAR OVER STAMP DUTIES

NIPOST and FIRS at headlock over who is legalized to sell national stamps.

The tweet war was started by Maimuna Abubakar, the Board Chairman of NIPOST, who claimed; “are the sole custodians of national stamps, another agency printing and selling stamps is against the law of the land.”

In a tweet thread, Abubakar buttressed her claim thus; “NIPOST is the only agency charged with the responsibility of producing adhesive stamp and revenue for purchase of such adhesive stamp accrues to the agency and no other agency.

See NIPOST for clarification “However the payment of stamp duties as may be assessed made to FIRS being a government agency charged with the responsibility of collecting taxes. “There is no confusion, tax is ad-valorem (in percentage) while N50 is the cost of stamp.

“Section 11(1),(2) and (3) of the Stamps Duties Act 2004(As Amended 2019) provides that ALL receipts, documents and registrable instruments upon which duty is liable to be imposed shall be denoted using an adhesive postage stamp and the affixed adhesive postage stamp.”

NIPOST generates N60bn for Federal Government

According to Abubakar, NIPOST “had generated over N60b in CBN account for the Federal Government.”

FIRS stole NIPOST mandate and idea, Abubakar also in her thread criticising FIRS, claimed the agency (FIRS) “stole” NIPOST mandate by infringing into their domain of operation.

She also stated FIRS not only stole their mandate but also their ideas, “I am worried, having sleepless night because of NIPOST, we need the general public to come to our aid, FIRS stole our mandate.

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“FIRS are now selling stamps instead of buying from us. What is happening, are we expected to keep quiet and let FIRS kill and bury NIPOST?

“We need to get our mandate back.” “We are the sole custodians of national stamps, another agency printing and selling stamp is against the law of the land.

“FIRS did not only steal our stamps but also our ideas, what we had worked for since 2016, our documents, patent and sneaked everything into finance bill and tactically removed the name of NIPOST

“I like to make this clear, NIPOST is the only agency charged with the responsibility of producing adhesive stamps and revenue for the purchase of such stamp accrues to us

“There is nowhere in FIRS act or stamp duty act where it’s so stated that FIRS can produce stamp.”

FIRS defends allegations for every action, there is a reaction. In a fightback, FIRS through its Director Communication and Liaison Officer, Abdullahi Ismaila Ahmad first lampooned Abubakar before defending allegation by the NIPOST Chairman.

“THAT VEXED NIPOST TWEET BY MRS. MAIMUNA ABUBAKAR We appreciate the general public for demonstrating deep knowledge of the difference between Stamp Duty.

It is unfortunate that Mrs Maimuna Abubakar, Chairperson of the NIPOST Board is yet to understand this.

“Our attention was drawn to the tweet by Mrs Abubakar. Her indecorous tweet would not have deserved any response but for the sensitive nature of the issue at stake, which if not sensibly treated and promptly corrected would likely mislead the public.

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“The public is hereby reminded that we at the FIRS are resolute in our resolve to safeguard national interests and not any personal ego or interest as officials appear to carry on lately.

“We, therefore, call on right-thinking Nigerians to disregard that ill-advised tweet by Mrs Maimuna Abubakar and allied misinformation being disseminated by NIPOST in relation Duties collection, which by law is the responsibility of the FIRS.”

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