Opinion

NIPOST, FIRS And Stamp Duty Collection By abiodun KOMOLAFE

While the Nigerian Postal Service (NIPOST) maintains that it is “the traditional custodian of the proceeds from stamps, thus, stamp duty”, the Federal Inland Revenue Service (FIRS) is insisting that it is its duty to “superintend over the stamp duty fee collection as it has always done over other duties and taxes imposed by the Federal Government.”