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Nairaland Forum / Nairaland / General / Politics / Court Case Stalls N833bn Stamp Duty Fund Utilisation (8475 Views)
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Court Case Stalls N833bn Stamp Duty Fund Utilisation by ijustdey: 11:24am On May 09, 2016 |
While the deposits hitting the current accounts of bank customers are being debited for stamp duty, the Revenue Mobilisation Allocation and Fiscal Commission has placed an embargo on the fund as a result of a court case, EVEREST AMAEFULE writes http://www.punchng.com/court-case-stalls-n833bn-stamp-duty-fund-utilisation/ 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Dottore: 2:27pm On May 09, 2016 |
Chai. The figure is huge. I didn't read the whole article but I somehow came across where Kashamu's company is said to be a collecting Agent for Fed government on stamp duties. Well I wonder when and how certain contracts are awarded in this country and whether background checks of companies are ever carried out before the award of contracts especially the ones as sensitive as this one Meanwhile if the government can realise a figure of this magnitude in a quarter by just deducting 50naira from current account deposits, I suggest they extend same policy for savings account so long as theirs transparency and accountability, it will help in curbing out the idea of borrowing to fund the budget. Also I wonder the amount they realise from normal taxation from FIRS. Me wey get small company I know how much I pay yearly for tax clearance how much more the big corporations. . #yawns and goes for lunch 5 Likes 1 Share |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Nobody: 2:27pm On May 09, 2016 |
I no even read am |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by oshe11: 2:29pm On May 09, 2016 |
eheeeeeeeen! eyaaaaaah |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Nobody: 2:30pm On May 09, 2016 |
. |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by 400billionman: 2:30pm On May 09, 2016 |
Stamp duty or no stamp duty. Nigerians need electricity, cheap food and fuel. This government sef.. 1 Like
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Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by yomalex(m): 2:34pm On May 09, 2016 |
B4 nko |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by macphilip: 2:35pm On May 09, 2016 |
o boy, see the huge sum realised from just N50 collection by the banks. Nigeria has no reason to be poor 7 Likes 1 Share |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Emperor100(m): 2:36pm On May 09, 2016 |
There are lot of ways government can always generate revenue apart from oil. This is an example.. 2 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by anthoniosp(m): 2:37pm On May 09, 2016 |
See..I no wan hear say agabada hang for barb wire ooh .as they carry the 50 naira 4 times back to back. I been no talk..I dey harsh make e no b say I wound person... 2 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by apesinola001: 2:37pm On May 09, 2016 |
The money generated should be well managed. |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by 400billionman: 2:38pm On May 09, 2016 |
macphilip: Effect of large population.. 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by loseyourseld(m): 2:40pm On May 09, 2016 |
I do not think there is a need to borrow money to fund the budget. From projection, this will stamp duty can add 2.5trn to Governments revenue. |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by themejiwalker(m): 2:45pm On May 09, 2016 |
macphilip: So right. The solution is right in front of us |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Nobody: 2:45pm On May 09, 2016 |
The company also claims that it is entitled to 20 per cent of the fund in accordance with the agency agreement it allegedly signed with the postal agency. Ain't this guys criminals? Imagine 20% of N833billion for being an agent and 20% of over N2trillion in a year..... Chaiiii.... See how we're losing revenue daily because of 1 corrupt govt official that would rather use his private company to do the work than do the work himself on behalf of govt.... 5 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Lordtrillion(m): 2:45pm On May 09, 2016 |
Wow , didn't know stamp duty has the potential to generate such huge amount of money. Now I know |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by frisky2good(m): 2:50pm On May 09, 2016 |
I'm sure they will manage it well since they put their own children in CBN and then suggested masquerade jobs for us. apesinola001: 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by obailala(m): 2:52pm On May 09, 2016 |
This is huge! |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by frisky2good(m): 2:53pm On May 09, 2016 |
Shagari borrowed money, Buhari borrowed, IBB borrowed, Abacha borrowed, OBJ wiped the slate now Buhari is back to borrow more. It's what they know how to do. loseyourseld: |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Pavore9: 2:57pm On May 09, 2016 |
Our population is a blessing to the government when it comes to generating revenue out of us but when it comes to them providing service they will say we are over-populated! 2 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by yinchar(m): 2:58pm On May 09, 2016 |
Thank God PDP is out of the government. I don't understand on what basis is a company owned by Senator Buruji Kashamu secured a contract with FG NIPOST to take 20% of Stamp Duty Revenue, that is simply crazy. If it's the PDP in power now, nothing would have been known about Kasmal International Services Limited, owned by Senator Buruji Kashamu. No wonder he spent millions of naira to ensure the re-election of the fedora-hat wearing drunkard, God pass you Buruji. This man is a Yoruba man just like me, he should be arrested with all those that signed this kind of contract, a whole 20% to his agency. GOD BLESS PMB GOD BLESS NIGERIA 4 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by blazetitov: 3:00pm On May 09, 2016 |
Kashamu again Where is NDLEA sef 2 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Balkan(m): 3:05pm On May 09, 2016 |
You can now imagine what Banks make with their online transactions and. Atm machines everyday. 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by izzou(m): 3:05pm On May 09, 2016 |
20% of 6trillion to Senator Kashamu from 2004 to 2013? And people say only Buhari corrupt PeeeeeDeeeeeePeeeeeee Power 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by M17CXi: 3:05pm On May 09, 2016 |
Good God See funds |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Ademat7(m): 3:05pm On May 09, 2016 |
Pavore9:gbam! true talk |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Anwulisomto: 3:06pm On May 09, 2016 |
Is Kashami not the wanted drug dealer in the US? How did he come to own such a sensitive company. Yoluba people we hail you. You will not see this one...but you will be shouting the name of our hero Tompolo everywhere? 3 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by chinchum(m): 3:15pm On May 09, 2016 |
This news appears to me like a projection. Which could be wrong |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by OlujobaSamuel: 3:32pm On May 09, 2016 |
this buruji na serious buruku e be. gej oooooo, see ur life. 1 Like |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by Marotzke(m): 3:35pm On May 09, 2016 |
No wonder Kashamu is defending Buhari and abusing Fayose anyhow. So na 20% of six trillion naira the man de eye? Idiat, no go defect and give half to Tinubu. You go hear nwii. 3 Likes |
Re: Court Case Stalls N833bn Stamp Duty Fund Utilisation by rozayx5(m): 3:35pm On May 09, 2016 |
Thats serious money that can kick start big projects and complete them |
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