Wednesday, 05 August 2020 05:41

FIRS reacts to NIPOST’s stamp duty claims

Rate this item
(0 votes)

Federal Inland Revenue Service (FIRS), says the claim by Chairperson of NIPOST Board, Mrs Hajiya Abubakar, that both the Service and National Assembly appropriated NIPOST’s ideas about stamp duty to the exclusion of the postal service is untrue.

FIRS, through its Director, Communication and Liaison, Mr Abdullahi Ahmad said NIPOST Chairman could not differentiate between stamp duty and postage stamp.

“We appreciate the general public for demonstrating deep knowledge of the difference between Stamp Duty and Postage Stamp. It is unfortunate that Mrs Maimuna Abubakar, Chairperson of 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.

“To be sure, NIPOST is a government parastatal established by Decree 41 of 1992 with the function to develop, promote, and provide adequate and efficiently co-ordinated postal services at reasonable rates.

“This function is clearly contrary to the claim by NIPOST over the administration of stamp duties in Nigeria. On the other hand, FIRS is the sole agency of government  charged with the responsibility of assessing, collecting, and accounting for all tax types including Stamp Duties.

“It is therefore shocking to us that such a privileged young lady who happened to be appointed to high office would throw all caution to the air to cast aspersions on reputable public institutions like National Assembly and FIRS, which she accused of stealing NIPOST idea.

“This, to say the least, is a preposterous claim and great disservice to the government and people of Nigeria.

“We wish to state categorically that, as an agency which operates within the ambit of the law… “FIRS is determined to not only ensure that all monies collected by NIPOST into its illegally operated Stamp Duties Account are fully remitted into the Federation Account but also make sure that any kobo not accounted for in that account is legally recovered in line with the charge of President Muhammadu Buhari to the recently inaugurated Inter-ministerial committee on the recovery of stamp duties from 2016 till date.

“In addition, anyone found culpable of misappropriating the funds in the said illegal NIPOST Stamp Duties Account would be made to face the law as provisioned by the country’s statute books.

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

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

 

Daily Trust


NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.