NIPOST Fights FIRS Over Stamp Duty Collection

Nipost

The amount of money available in the stamp duty playing field has left two government agencies fighting again. The Nigeria Postal Service (NIPOST) is at war with the Federal Inland Revenue Service (FIRS) over stamp duty collection. FIRS recently announced that it is the authorized agency to collect stamp duties on rent, online financial transactions, and other dutiable instruments as provided under the Stamp Duties Act, CAP S8, LFN 2004, and the Finance Act of 2019 (as amended). This hasn’t gone down well with NIPOST, whose attempt to charge delivery and logistics…

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