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Talks ongoing on stamp duty return to NIPOST -Postmaster General

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Image result for Dr Ismail AdewusiThe Postmaster General of the Federation, Dr Ismail Adewusi, says discussions are ongoing to return the collection of stamp duty to the Nigerian Postal Service.

Adewusi stated this in a statement after a two-day meeting with NIPOST’s district postal managers in Abuja on Thursday.

NIPOST and the Federal Inland Revenue Service had over the years argued about who should collect stamp duty for the Federal Government.

Adewusi said the Minister of Communications and Digital Economy, Dr Isa Ali Pantami, and the Attorney General of the Federation and Minister of Justice were making efforts to achieve a reversal of the stamp duty, which was transferred to the FIRS.

“NIPOST is also banking on the assurances of the committees of the National Assembly for legislative assistance to ensure that the stamp duty reverts to NIPOST,” he said.

The postmaster general also stated that with the advent of information technology and the introduction of e-based products, the ongoing business of refocusing the organisation had become important.

He added that the organisation would align itself with modern trends if it hoped to survive in a competitive information technology-driven world.

Speaking on the conditions of service, he said a committee had been set up to examine all the areas adding that remunerations would however be tied to revenue generation.

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