The Nigerian Postal Service (NIPOST) has responded to the Prosecution that the postal service operates an unlawful account that receives stamp rights. The Federal Inside Income Service (FIRS) has filed the indictment following a collection of Tweets made in opposition to the tax company within the struggle for the gathering of stamp duties.
AllNews reported final week that FIRS Communications Director AbdullahI Ahmad had accused NIPOST of managing an unlawful stamp account, that FIRS is the one authorities company approved to gather stamp rights, and FIRS claimed that NIPOST returns each penny collected. within the Single Treasury Account (TSA).
CBN has opened the Account For NIPOST:
AllNews gathered from an announcement launched by NIPOST that the Central Financial institution of Nigeria (CBN) has opened the account that NIPOST makes use of to gather stamp rights. It has been revealed that NIPOST has been utilizing the identical account for years, however the account belongs to the Federal Authorities and the funds in it can’t be accessed by NIPOST.
He additionally acknowledged that FIRS’s current struggle for stamp responsibility fees violates the 2013 assembly between FIRS and NIPOST the place it was concluded that NIPOST is the federal government company approved to gather the stamp responsibility.
Right here is NIPOST’s Response to the Prosecution:
“The eye of the Nigerian Postal Service (NIPOST) was drawn to a publication by the Federal Inside Income Service (FIRS) that NIPOST has managed an unlawful stamp responsibility account. In accordance with the publication, the Director of Communications and the FIRS Liaison made the assertion in a collection of tweets.
“We now have acknowledged categorically that the assertion is fake and made to misinform and deceive members of the general public. The account of the Director of Communications of FIRS known as ‘unlawful’ has been opened by the Central Financial institution of Nigeria below the Single Treasury Account (TSA) in session with the workplace of the Accountant Basic of the Federation, on behalf of the NIPOST Stamp Obligation Assortment Account when CBN instructed the Deposit Financial institution (DMB) to begin deducting stamp responsibility # 50 from financial institution prospects ’accounts.
“The account belonging to the Federation NIPOST doesn’t have entry to all of the rights contained within the account, so the query of illegality and misappropriation doesn’t come up. NIPOST desires to reaffirm that below the present legal guidelines in Nigeria with the NIPOST Legislation 2004 gives and warrants solely in NIPOST the facility to print adhesive stamps, which is the software for denoting paperwork and different transaction devices in accordance with the provisions of the Stamp Rights Act.
“Traditionally, the Submit Workplace in Nigeria, as within the competence of countries, has at totally different instances produced adhesive stamps and entry stamps for the Federal Authorities. It’s to this finish that NIPOST seeks the proper implementation of the Act. Monetary.
“NIPOST was subsequently stunned when FIRS took to the tweeter to name the President, NIPOST Council, Barrister Maimuna Yaya Abubakar, who solely tried to attract the eye of the Service and the general public that NIPOST can be uncovered if the Legislation didn’t it’s not appropriately applied.
“That is extra so when there was a gathering between FIRS and NIPOST in July 2013 within the workplace of the manager chairman of FIRS and the decision reached that“ NIPOST is sure by the service of offering the stamps for use by FIRS both on the federal stage in addition to at state ranges.
“We wish to reassure members of the general public that NIPOST as a accountable authorities establishment has all the time operated inside the scope of the legislation. We subsequently urge most of the people to disregard the assertion accredited to the Director, Communication and Liaison, FIRS. on the difficulty. “