federal

NIPOST reclaims collection of stamp duty charges from FIRS- FG

The Federal Government has announced that the Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service (FIRS),
The intimation was made by the Minister of Communications and Digital Economy, Dr Isa Pantami don Thursday.
The Minister lauded President Muhammadu Buhari, and the leadership of the National Assembly for intervening in the issue.
He also commended the  management of NIPOST for displaying resilience, saying it was good that justice was done on the issue.
The Minister dropped the snippet  at the launch of Nigeria’s 60th Independence Anniversary Commemorative Postage Stamps  at the Digital Economy Complex, Mbora, Abuja.
“Our efforts regarding the issue of stamp duty collection with other government Institutions have yielded positive results. NIPOST has been recognised as a government agency with statutory and historical authority to be the producer of stamps and recognised for collection of stamp duties for validation of financial transactions in the country.
“We appreciate Mr. President for listening to our complaints, and we extend our gratitude to him and the Senate and House Committees for their intervention in ensuring that justice was done,” Dr Pantami said.
The Minister said challenges of regulation; policy and financing confronting NIPOST oves are being addressed .
He revealed that the agency  would be unbundled into three companies to boost its operations
He noted that efforts are underway or Federal Executive Council to approve the renovation  of all its dilapidated offices across Nigeria.
Speaking, the Chairman of NIPOST board, Hajiya Maimuna Abubakar said NIPOST would continue to make impact in advancing the rich culture and historical heritage of the country.
Hajiya Abubakar said:” The Postal Industry from time immemorial has fostered the use of postage stamp as a veritable medium for nurturing of culture.
“Nigeria as a country is amply blessed with historical evidence of great works of arts, cultural monuments and features that help in the transmission of cultural heritage from one generation to another.
“Many of such have been reflected on Nigerian postal stamps, most especially in colonial and post-colonial Nigeria. A strong Nigeria must be a cultural Nigeria and NIPOST has a role to play in advancing this by marking events such as this one.”

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