₦airaland Forum

Sequel to the loggerhead between NIPOST and FIRS over Stamp Duties, Federal Government through the Accountant General of the Federation; Ahmed Idris has mandated all Federal Government MDA's to use Adhesive Stamps produced by Nigerian Postal Service(NIPOST) for denoting receipts, vouchers, contract agreement and all instruments in compliance with Financial Regulations (FR) 620 and section 46 of finance act 2020.

Attached is a memo to that effect.

The demands of doctors is like Nigeria's problem, e no dey finish.

Not really United Nations.

Anarchy looms in this country.

Everyday is for a thief, except for one day...

The Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service (FIRS), the Minister of Communications and Digital Economy, Dr Isa Pantami announced on Thursday.

The development brought to an end more than three years of controversy and acrimony over the claims of ownership of stamp duty collections in the country between the two Federal Agencies.


Pantami who broke the news commended President Muhammadu Buhari, and the leadership of the National Assembly, especially the Senate and House Committees on Communications and Digital Economy for their interventions on the matter.

He also praised the management of NIPOST and other stakeholders for their resilience, saying it was heartwarming that critical stakeholders ensured that justice was done on the issue.

Pantami made the remarks at the launch of Nigeria’s 60th Independence Anniversary Commemorative Postage Stamps held 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 over the years are being addressed with a view to place the Agency on a platform that would enable it generate revenue for the Federal Government.

He said NIPOST would be unbundled into three companies to boost its operations, while efforts are on the pipeline for Federal Executive Council to approve the renovation and rehabilitation of all its dilapidated offices across Nigeria.

READ ALSO: ‘Stamp duty belongs to NIPOST’
The Minister noted that 97 percent of the rules making procedures of NIPOST is being done to facilitate robust debates on the Acts establishing the Agency, asserting that this was being done to ensure robust contributions from stakeholders anytime there is need for subsidiary legislation to enhance the operation of the Agency.

In her remark, the Chairman of NIPOST board, Hajiya Maimuna Abubakar said NIPOST by presentation of the anniversary stamps has again shown that it would continue to play its roles 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.”

Source: https://www.radionigeria.gov.ng/2021/03/11/nipost-takes-over-collection-of-stamp-duty-charges-from-firs/

These old fools are already living in their Paradise...

Everyday is for the thief but only one day, the story go change..

Government of the Fulani, by the Fulani and for the Fulani.

He must have battled with a bad behavior he couldn't live with any more from his note. Only if he accepted Christ and got the grace to live right!
Now am not even sure he got the peace he craved for? May God help us in this life and lead us not into temptation!

kennywagz:
Am 20 and still in school, if school has resumed now... I'd leave and be free of all this her characters and attitudes, she just left for work this morning like she always do and come back late at night and sleep. This has been going close to 5 months now

My brother, what kind of work does your mother do that makes her come back late in the night and for that matter goes straight to the bed and sleeps off?
The bitter truth is that she is in a relationship with someone else, they have good time out there every day before she comes back.

My Advice... Track her and see if you can pin something on her. Make sure you get an evidence if possible, then you have won!

Your father can now officially divorce her based on infidelity and you people can be free..

It depends on the amount of money generated in the shop anyway. It's always advisable to employ a cashier that holds and records cash transactions and a sales girl that keeps inventory and records items sold. Let your brother employ a cashier, simple.

(TB) Too Bad..

Nice one.

Nothing good can come from either PDP or APC. Na the same people, the same ideology!

Isorite...

Say No To Crime!

No Retreat, No Surrender!

It doesn't make sense at all.

Anarchy looms...

Isorite.....

mytime24:
true talk

And frm neighbor own he go enter street

And from there straight to jungle, then comes justice!

The raging imbroglio between the Nigerian Postal Service (NIPOST) and the Federal Inland Revenue Service (FIRS) on the issue of stamp duty is quite alarming. It is a typical example of how a government can sacrifice one of its own agencies to build another. The position of the National Assembly who is supposed to be an arbiter in a situation like this, to say the least, is ambiguous. The narrative here is simple and could be unfolded in five scenarios.

The first scenario started in 2016 when NIPOST and her technical partners created a device that makes payment of stamp duty on electronic transactions possible.

This perhaps is NIPOST response to the prevailing Information, Communication Technology (ICT) regime that has seen people migrating from analogue to digital in an internet age. It is also in line with the statutory responsibility of NIPOST to collect stamp duty on behalf of the Federal Government. This statutory responsibility, as entrenched in Nigeria Postal Service Act, has been amended many times since 1939 without removing it from NIPOST.


Somewhere along the line, there was a disagreement between NIPOST and her partners and one party went to court. That was after billions of naira has been accrued for government on the project. The Federal Government intervened by placing an embargo on the amount realized so far, pending the outcome of the case.

On realizing the huge revenue potentials of this initiative, created by NIPOST, several interests began to emerge. According to a statement credited to the secretary to the Federal Government; the potential revenue is second to oil revenue. This may have attracted interest groups, who were hitherto docile on the issue of stamp duty until NIPOST invented the e – payment version.

The second scenario commenced with the sudden appearance of FIRS on the scene. The supervisory ministry of FIRS is the Federal Ministry of Finance. The FIRS suddenly realized that it has a responsibility to collect Stamp Duty on behalf of the Federal Government. NIPOST protested about this development and accused FIRS of attempting to steal her mandate. The FIRS did not respond immediately.

Then came the third scenario; In October 2019 ,an Executive Bill titled; ‘’The Nigerian Tax and Fiscal Law amendment Bill 2019 was presented to the National Assembly with the 2020 Appropriation Bill. The Bill which sought amendment to some Tax laws was code named the 2019 Financial Bill.

Item no 6 on the proposed bill sought an amendment to the Stamp Duty Act to include an electronic version which was created by NIPOST and her partners.

In the proposed bill; the power to implement the e-payment version was transferred to FIRS, who did not either create or initiate the original concept. This miracle was made possible by removing the NIPOST name from some aspect of Stamp Duty Act and replaced it with FIRS. NIPOST continued to protest and accused FIRS of reaping where they did not sow. Surprisingly, the Federal Ministry of Communication who supervises NIPOST was quiet.

Many questions are begging for answers. The first is the moral question.

Is it right for a government agency to create a concept that will boost government revenue and for the same government to take away the implementation to another agency, who neither create nor contribute to the invention of such concept, under the guise of 2019 financial bill? Is this in conformity with the law of utility patents?

Does it mean that if the Nigerian Custom Service or the Nigerian Immigration Service introduces an application that would yield trillions of naira to the Federal Government tomorrow, a financial bill can be introduced to enable FIRS assume the responsibilities of collecting custom duty or give them the Right to issue international passport?

If there are issues between NIPOST and her partners why can’t the government mediate and settle the matter in such a way that will benefit all, if only to compensate those who invested their brains and resources to create such initiative; after all, government is the greatest beneficiary of the invention.

What value has FIRS added to Stamp Duty over the years? Until NIPOST introduced the concept of e-payment for Stamp Duty we have never heard FIRS talking about it.

Meanwhile, the bill was sent to the National Assembly which set the stage for the fourth scenario. The bill which received accelerated hearing at the National Assembly was passed and sent for presidential assent. It has since received presidential approval.

It is curious to note that NIPOST's name did not feature among the16 critical stakeholders that made presentations and submitted memorandum on the bill at the public hearing held on November 19, 2019.

One thought that our highly respected law makers should have requested for NIPOST input and critically examined the multiplier effects of such issues that have something to do with the existing NIPOST Act without creating any contradictions. However the stage is set for the fifth scenario.

Having acquired the support to implement the e-version of payment for stamp duty, created by NIPOST, the FIRS realized that it does not have the mandate to implement the second phase of the project which involves physical documents. The instrument to implement this phase is postage stamps which are domiciled in the NIPOST Act. This instrument has been in use by successive Postal Administrations in Nigeria for over one and half centuries.

This instrument is not available to FIRS because it is not statutorily empowered to issue postage stamps. To cover up this loophole, FIRS started printing adhesive stamps which it intends to use as evidence of payment for stamp duty on physical documents. This is a philatelic function of NIPOST.

In one of its several press releases on stamp duty titled; Clarification on Administration of Stamp Duty in Nigeria. The FIRS stated that; “Postage stamp is administered by NIPOST for the purpose of delivery of items and documents, it does not denote duty and therefore not a substitute for FIRS adhesive stamps which is produced for sole purpose of stamp duty payment’’.

This statement is not true. It is a monumental display of ignorance about functions and uses of postage stamps. This is also the reason for this article. Before the general public are misled, it is important to state here that a postage stamp is not a mere adhesive stamp but a potent instrument recognized by law for payment of stamp duty. The use of adhesive postage stamps as evidence of payment for stamp duty on documents of contractual value is valid. It is in line with best practice and International standards.

The expression; “Instrument" includes any postal article within the meaning of the Postal Service Act of sovereign nations. In the case of Nigeria, this instrument is within the meaning of the Nigeria Postal Service Act since 1939. This Act was amended several times and the function has never been taken away from NIPOST.

For the benefit of the reading public, the postage stamp is not just a mere adhesive stamp. It is a national and international identity element recognized by law and the Universal Postal Union (UPU) convention. The UPU, established in 1874, is now a plenipotentiary of 192 member countries and an Arm of the United Nations. Every new set of postage stamps issued by each sovereign nation of the world has a place in the UPU Archive. These stamps are allocated a World Numbering System (WNS) identity number; to prevent faking, abuse and illegal use anywhere in the world. This makes postage stamps the most reliable instrument recognized by law for stamp duty purposes.

It is for the same reason that a competent court of legal Jurisprudence will accept adhesive postage stamps as an instrument and evidence of payment for stamp duty purposes on any physical document that involves contractual agreement.

According to the UPU Act; the postage stamp shall be issued solely by a competent issuing authority in conformity with the Act of the UPU. The issuance of stamps shall also include circulation .It is a manifestation of sovereignty…. . The competent authorities being referred to here are; postal administrations of sovereign countries, the Vatican and the United Nations, who are members of the UPU. Nigeria has been a signatory and respected member of the UPU since July 10, 1961.

Within the meaning of the UPU Act and convention; postage stamps perform three major functions; the definitive function, the commemorative/special functions and the fiscal/revenue functions.

The definitive function of postage stamp entails; the use of postage stamps as evidence of payment for postal transactions such as; letter mail, parcel etc.

By its commemorative/ special functions; postage stamp is a state symbol, used to document important events in the life of every nation as well as their values. Postage stamp celebrates the present and preserves the past for the future and posterity. This is the reason why philatelic classes are offered in some countries and postage stamps are used to teach history and national values. Postage stamp is a great object of historical, educational and cultural values. It is also a means of preservation of heritage, legacies and historical landmarks. Moreover, a postage stamp has a secondary value. This is why a N5k (Five kobo) Postage stamp of 1974, for example, could be sold for over N25, 000 (Twenty Five thousand Naira) at the secondary philatelic market.

The Fiscal/Revenue functions of postage stamps include; the use of postage stamps as a receipt with specific monetary value for payment of Duty and collection of Revenue for governments. It is a quasi-currency recognized by law and international community with a history of over 180 years.

In the area known as Nigeria today, adhesive postage stamps have been playing this role since 1874. Look for any document of contractual value, agreement or receipt of valuable properties, you will find a relevant postage stamp on it, even if such document is over a hundred years old.

It is mandatory by law for physical documents that involve contractual agreement such as; bank notes, bill of exchange, promissory notes, receipts of payment for valuable items, policies of insurance, mortgages, notarial acts, share warrants among others to be stamped with adhesive postage stamps and cross signed as evidence of payment for stamp duty.

As a retired General Manager of the Nigerian Philatelic Service, I have been summoned to appear before many courts of competent legal jurisprudence, on behalf of NIPOST, to give evidence on the credibility and status of postage stamps used on disputed documents. Postage stamps have technical details which cannot be decoded by a novice and a non philatelist. NIPOST philatelic staff are trained to have forensic knowledge of the anatomy of postage stamps.

It is therefore laughable to see an uninformed mind relegating or equating the integrity and utility value of a postage stamp with a mere adhesive stamp which has no history and cannot be counted among national and international identity elements.

Many people wrongly believe that postage stamps are no longer in use because the world is migrating from analogue to digital and electronics systems. This is not true. Several millions of postage stamps are being issued every month by postal administrations across the world to meet the needs of their countries. It is a fallacy to insinuate that Postage stamps are issued only for posting letters.

According to the UPU statistics; ‘’as far back as 2004, the designated operator’s philatelic revenue was 2.5 billion USD. The secondary market occupied by traders, stamp dealers and collectors was estimated to worth as much as 13.8 billion USD’’. Now it is much more than that. Today, the postage stamp and philatelic market are worth about100 billion USD, most of which are not captured in official statistics.

The reasons for this is due to online activities and the e-commerce market which has opened up the market, granted accelerated growth and easy access to the international philatelic community.

Secondly, many postal administrations worldwide are diversifying their focus from issuing postage stamps for letter mail to other areas such as Fiscal, Revenue collecting stamps and Philately. In some countries the postal service often issue special stamps for payment of duties on luxurious items

In the 2019 summer edition of the UPU International Journal (Union Postale ), it was written in an article titled ‘’The new face of philately’’ that; “Today, stamps are so much more than means of paying for postal service; they have become the focus of global market of many stake holders”. The stake holders being referred to here include; operators of Financial services and users of postage stamps for revenue purposes.

At a period when many countries are strengthening the capacity and utility value of their postage stamps to earn more revenue, Nigeria is trying to devalue the usage of its own stamps just to create legitimacy for unknown adhesive stamps which have no history in law. This leads us to another set of questions;

If Nigeria already has a postage stamp which has been in use for many years, recognized by law and accepted by national and international community as an instrument for payment of stamp duty, why is FIRS reinventing the wheel, duplicating efforts and spending money awarding contract to print another adhesive stamps for Nigeria ?.

These FIRS adhesive stamps which they are now teaching Nigerians how to use serve the same purpose with postage stamps which Nigerians are already familiar with and could be obtained at the nearest postal agency of a remote village.

Who has the greatest capacity, proximity and accessibility to implement stamp duty?

Is it not NIPOST with over 12,000 staff, including licensed postage stamp vendors who supply stamps to corporate users of postage stamps. NIPOST has more than 3,000 postal outlets across the country. Many of these outlets include postal agencies, post offices and general post offices are rotten away in many villages, towns and cities because the government cannot maintain them.

If NIPOST was able to develop a concept capable of yielding trillions of naira to the Federal Government why can’t the government help NIPOST to build capacity to manage her invention, instead of transferring the implementation to another agency ?.

Is NIPOST and FIRS not working for the same government?

Is it not the same government that will turn round and accuse NIPOST of being ineptitude, a drain pipe and a non performing agency, which could lead to retrenchment of staff at the end of the day?

How will NIPOST perform when the government is taking away her vital instrument of work, including her invention to another agency of the same Government to implement under the cover of a financial bill? The questions are endless.

It is necessary for the government to empower NIPOST and allow her to perform optimally so that part of her revenue could be used by the government to revive NIPOST rotten post-offices, enhance its Logistics and financial services to compete with its peers across the world? After all, the Deutsche Post (German Postal Service) is a majority shareholder in DHL, while the United Parcel Service (UPS) employs over 400,000 staff across the world. The difference is the level of investment and capacity building a country is ready to invest in her Postal Service.

In conclusion it is very important that well-meaning people appeal to the Federal Government and the National Assembly to revisit the issue of who collects stamp duties in the spirit of fairness and justice.

The printing of FIRS adhesive stamp to replace postage stamp as evidence of payment for stamp duty on physical documents is an unnecessary duplication of efforts and wasting of resources. It should be discontinued immediately as it adds no value to stamp duty functions.

Postage stamps should be allowed to continue to play its role as an instrument recognized by law for payment of stamp duty, a role it has been playing for over a century and now. This role is recognized as best practice and international standard which Nigeria should maintain.

J.’Femifola Durosomo, former General Manager, Nigerian Philatelic Service and Secretary National Philatelic Promotion Council writes from Lagos

Source: http://saharareporters.com/

FIRS should please answer the question raised by the Chairperson of NIPOST Board? Is there any provision in the finance act or stamp duty act that empowered your organization to produce stamp? The answer is no.

This is basically what NIPOST is fighting for.

NIPOST has the sole responsibility to mint stamp, just like CBN.

What is the presidency waiting for before the do the needful?

God don pick Chiboy's call!

If every tribe can be like Mbaise people..... Sink their cows as a warning!

Football is not an easy something!

Op you didn't tell us the whole story like the relationship you people had with your late dad? Was he living alone before his demise? Were your parents separated? More so, how did they gain entrance to the shop?

From your story it sounds as if your family was not around when he died because I can't understand why another person will pronounce burial date without your family's consent that is to say that your guys are not in possession of the mortuary tally.

So these are some questions you need to answer first to get a genuine response. Thanks

Get Gnld Omeg 3 Salmon oil and Vitamin A&D it will do the magic. Though expensive..

Tetmosol medicated soap will do the magic.

That's what my children use from day one. It makes their skin very smooth even during heat period.

It has imitation so be very careful.