Tag: NIPOST

FG to unveil NIPOST unbundling policies

Aminu Imam

The Minister of Communications and Digital Economy, Dr. Isa Pantami, has said the Federal Government would soon unveil policies to unbundle the Nigerian Postal Services, (NIPOST). He stated this on Tuesday, in Abuja, at the unveiling ceremony of the NIPOST revenue stamp. At the event, Pantami described NIPOST as one of the most important institutions of government, adding that policies that would transform its operations and make it innovative would soon be unveiled. “We have so many policies of transforming NIPOST in the pipeline and part of it will unbundle…

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Stamp Duty Collection: FIRS says it generates N3bn weekly, as NIPOST insists on its share of proceeds from 2016 to 2020

Ishaku Yohanna

The Federal Inland Revenue Service (FIRS) on Tuesday announced that it has been generating N3 billion revenue weekly as stamp duty charge from Deposit Money Banks (DMBs) since May 2020. Muhammad Nami, Executive Chairman of the FIRS, told the House of Representatives Committee on finance in Abuja that the Service was able to generate revenue from a single stream of stamp duty charges from Deposit Money Banks, DMBs as it had deployed new technology to track and capture such revenue into the federation account. “FIRS had deployed the Application Programming…

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NIPOST, FIRS lock horns over stamp duties charge

Ishaku Yohanna

The Federal Inland Revenue Service (FIRS) has denied depriving the Nigeria Postal Service (NIPOST), of discharging its duties. This was disclosed in a statement signed by the agency’s spokesperson, Abdullahi Ahmad, on Tuesday. The chairman of the NIPOST, Maimuna Abubakar, in a series of tweets, accused the FIRS of stealing the mandate of NIPOST. She said the FIRS, responsible for assessing, collecting and accounting for tax accruing to the Federal Government, had begun printing stamps. Ms Abubakar called on Nigerians to ensure that NIPOST gets justice. NIPOST is a government…

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Pantami orders NIPOST to suspend new charges on courier

Ishaku Yohanna

The Minister of Communications and Digital Economy, Isa Pantami, has ordered the Nigerian Postal Service to halt the implementation of the new charges on courier and logistics companies immediately. Pantami said this in a tweet on Saturday. He said, “Please NIPOST, our attention has been drawn to an increase of licence fee, which was not part of the regulation I earlier approved for you. Your chairman and PMG (Postmaster-General) were yesterday contacted to put the implementation on hold and send a report to our ministry by Monday. Best wishes!” The…

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