We’re Still in Charge of Stamp Duties Collection -FIRS

The Federal Inland Revenue Service (FIRS) has described as false reports on the administration of Stamp duties.

Abdullahi Ismaila Ahmad, FIRS director of communications and Liaison said in a statement Tuesday the Minister of Communications, Ali Pantami, was misquoted on the issue of stamp duties.

Ahmad said, “The attention of the Federal Inland Revenue Service (FIRS) has been drawn to false publications in some newspapers and electronic/social media platforms misquoting a recent speech by the Honourable Minister Communications and Digital Economy on the administration of Stamp Duties in the country.

the avoidance of confusion arising from such publications, the FIRS hereby informs the general public, especially taxpayers, that the Honourable Minister was misquoted as saying that the administration of Stamp Duty was granted to NIPOST by the Act 2020. The speech attributed to the Honourable Minister was definitely, and unfortunately, quoted out-of-context.

the record, the Honourable Minister merely stated that NIPOST would henceforth produce the ADHESIVE STAMPS required by FIRS to denote Stamp Duties. This is in line with Section 2 of the Stamp Duties Act (as amended by Section 46 of the Act 2020).

“The FIRS, therefore, taxpayers, tax and the general public to ignore this unfortunate to cause confusion by twisting the Honourable Minister’s speech.The Honourable Minister for Communications and Digital Economy, Dr. Isa Pantami, is a patriot with unarguable passion for the rule of law and stability of the country.

“The FIRS the federal agency permitted by law to Stamp Duties on behalf of the Federal Government of . Therefore, the FIRS all taxpayers to disregard the aforementioned fake news and to pay their Stamp Duties charges to the FIRS nationwide.”

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