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50 Naira Stamp Duty For Transactions Above 1000 Naira - Business (6) - Nairaland

Nairaland Forum / Nairaland / General / Business / 50 Naira Stamp Duty For Transactions Above 1000 Naira (55204 Views)

CBN Bars Agents From Using Pos Terminals For Transactions / Stamp Duty Charges Extended To Savings Account / POS Stamp Duty: FG Reviews 50 Naira To Transactions Above 10 Thousand Naira (2) (3) (4)

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Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by charlesELIKIBA: 7:24pm On Oct 16, 2019
Pavarottii:

All these ones is increasing won't u av said impossible? Av u seen anyone or group succcessfully protested against this govt?

Third tenure will be his ending if he attempts it...obasanjo tried it and was humiliated
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by somehow: 7:24pm On Oct 16, 2019
1StopRudeness:


I reported fcmb to cbn, they stoped charging me for stamp duty on savings account.... the directive of the CBN was to charge stamp duty on current account when it came out at the end of 2016.. some banks seized the opportunity to do anyhow
That bank is surely a micro finance bank. very criminal in nature.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by somehow: 7:25pm On Oct 16, 2019
GidiWoodsMan:


The others charge you too but they make sure you don't see the money going out.
I know what I am saying. None takes such.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by themanderon: 7:25pm On Oct 16, 2019
Taxing everyone to death without any commensurate improvement in their lives is the most wicked thing humans can ever conceive against their fellow men.
APC has further increased the yokes they promised to lighten.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 7:25pm On Oct 16, 2019
[quote author=INTEGRITYA1 post=83193101]

I guess you didn't knew who you quoted.[/quote


Hahahaha cheesy
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 7:25pm On Oct 16, 2019
I guess you didn't knew who you quoted.[/quote


Hahahaha cheesy
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Pavarottii(m): 7:29pm On Oct 16, 2019
charlesELIKIBA:


Third tenure will be his ending if he attempts it...obasanjo tried it and was humiliated
And who will stop him? Wen he has the legislative and judiciary?
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by INTEGRITYA1(m): 7:29pm On Oct 16, 2019
[quote author=angelusbrut post=83199899][/quote]

You can as well see how funny it was.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 7:31pm On Oct 16, 2019
INTEGRITYA1:


You can as well see how funny it was.


Don't mind some people that have refused to understand the faceless forum principles

1 Like

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Gboliwe: 7:43pm On Oct 16, 2019
Who is charged? The person paying or the owner of the POS?

1 Like 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Theoarhics: 7:57pm On Oct 16, 2019
This demonic govt always bringing anti-people policies.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Taiwo20(m): 8:06pm On Oct 16, 2019
Is this different from the 52.50 the usually charge for transfers?
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Bigboss111(m): 8:11pm On Oct 16, 2019
APC , milking Nigerians everyday. Oh Lord, make 2023 the final bus stop for this party. Aameen!!!
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 8:20pm On Oct 16, 2019
actrinity:
it has been long they started it. for 2yrs now, every transaction I made online, like transfer, they takes #50. may be ure just noticing it now.
I will not call you a liar, but it is not true, I use POS on daily basis for more than 3 years, I have never been charged
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by charlesELIKIBA: 8:23pm On Oct 16, 2019
Pavarottii:

And who will stop him? Wen he has the legislative and judiciary?

Bro mark my words...it will be the ending of him.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Funkybabee(f): 8:33pm On Oct 16, 2019
They said when God created earth, he rested


when he created man he rested.


since when he created woman, he and the man never rest.
,
but when he created Buhari unkor, is he not a man
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Pavarottii(m): 8:40pm On Oct 16, 2019
charlesELIKIBA:


Bro mark my words...it will be the ending of him.
I hop3 u will lead the charge like sowore or tuface or charley boy
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by charlesELIKIBA: 8:42pm On Oct 16, 2019
Pavarottii:

I hop3 u will lead the charge like sowore or tuface or charley boy

It wont happen bro
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 8:44pm On Oct 16, 2019
Funkybabee:
They said when God created earth, he rested



when he created man he rested.



since when he created woman, he and the man never rest.

,

but when he created Buhari unkor, is he not a man
Dont worry, part of your deductions will go for these:

Meanwhile, Aisha has apologised to her children, immediate family members and Nigerians over the embarrassment that an online videos had caused.

She also pledged to construct a regional secretariat for the African First Ladies Peace Mission.

The AFLPM, which was established after the Beijing Conference of 1995, has been in the custody of Nigeria, with leadership rotating among African First Ladies.

The First Lady, according to a statement issued by her Director of Information, Suleiman Haruna, stated this during a solidarity visit by governors’ wives from the 36 states to the Presidential Villa.

“Commenting on the videos circulating on social networks, [Aisha] Buhari extended her apology to her children, her immediate family members and all well-meaning Nigerians over the embarrassment that the videos had caused,” the statement said.

She also expressed appreciation to the President for approving a new set of aides to assist her in carrying out her various responsibilities.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by chelseamann(m): 8:51pm On Oct 16, 2019
You are encouraging cashless transaction and at the same time discouraging it.wtf!

1 Like

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by ahf(m): 8:54pm On Oct 16, 2019
A reason to not use POS, back to paying on cash especially where POS can be avoided

2 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 9:17pm On Oct 16, 2019
Nigerians will have sense by force!
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by kuuljay(m): 9:22pm On Oct 16, 2019
These charges started popping up during sanusis regime but he reversed all of them,now that he has Left these guys are fully out to reap Nigerians to the benefits of bankers and to think the guy heading this it is from south
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Osobi32(m): 9:35pm On Oct 16, 2019
Goldencheese:
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed.
52naira ok...... This clueless government keep devising means to extorting the citizens.

1 Like

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by clintyno123: 9:38pm On Oct 16, 2019
who we offend in dis country self

1 Like 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by nkemjacob2(m): 9:49pm On Oct 16, 2019
Upon all these sufferings, senators. Ministers even political holder no wan review their salary. undecidedNigeria we hail thee
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by somziency: 9:57pm On Oct 16, 2019
Omooba77:


That is what we get because we are too tribalistic and sentimental added to docility

As long as Nigerians remain this docile, we are so very far from achieving anything.

1 Like 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Yankee101: 10:24pm On Oct 16, 2019
Thieves

You can't grow p&L organically

Naija banks keep depending on rent seeking to make money. No new innovation
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by maxzzo1(m): 11:07pm On Oct 16, 2019
God will punish dis APC fed govt....wanted yo buy fuel with my card via pos i was charged extra 50box , d attendant told daz d new CBN rule....
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Origin(f): 11:10pm On Oct 16, 2019
It seems the people in government are becoming mad....

Increase in every government fees.


The people provide their own water, light, security. I don't even understand the role of government anymore except to bring stewpid charges.

Land use charge ( is it your land,) Licences, passports, every every charges and nothing to show for it.


Except for their stewpid sirens blaring to clear the road for the latest black car bought with the masses money.


Una water don de pass garri.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by linearity: 4:50am On Oct 17, 2019
Goldencheese:
May be you didn't notice or you get anointing for head that made them overlook you. Every 1,000 and above I send out or that is paid to me, they jejeli remove their N50 stamp duty. I don resign to fate.

It is well!


But what you described is not necessary POS transactions, I think this is a new policy and different from stamp duty on transfers, which introduced many years ago.
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 7:14am On Oct 17, 2019
ahf:
A reason to not use POS, back to paying on cash especially where POS can be avoided

You have limited cash you can spend or withdraw per day sir

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