Close Menu
  • Home
  • News Update
  • Legal Updates
  • Free Legal Resources
  • Law News
  • More
    • Legal Articles & Commentaries
    • Recent Events
    • Promotions
    • About Us
    • S.C Report Online
    • S.C Report Printed Editions

Subscribe to receive Updates

Get the latest updates from us

What's Hot

Six ways Nigerians can protect themselves from Ebola

October 22, 2026

Visa doesn’t guarantee entry into America — US Mission

October 21, 2026

Ogun govt suspends monarch over alleged partisanship

October 21, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Lawbreed Blog
Visit our Website
  • Home
  • News Update

    Ogun govt suspends monarch over alleged partisanship

    October 21, 2026

    Banker Chukwuebuka Nweke jailed for stealing from customer’s account

    October 21, 2026

    “FAAN Has Not Earned A Kobo From MMA2 For 20 Years” — Keyamo Says Revenue Begins After Bi-Courtney Settlement

    October 21, 2026

    US Mission Tells Nigerians Visa Application Fees Are Non-Refundable

    October 15, 2026

    ICPC dismisses security officer for helping el-Rufai’s wife bypass protocol to see him

    September 4, 2026
  • Legal Updates

    Case Law Friday: Substantial Justice Over Technicalities – A Supreme Court Insight from FRN v. Odeh (2025) 4–5 S.C. (Pt. I) 1 @ 35–38

    April 17, 2026

    Recalibrating Physical Planning In Nigeria

    September 19, 2025

    How to Process a Change of Name at the Supreme Court : Updated Requirements

    May 8, 2025

    What residents should know and do about Wike’s land policy to protect properties

    April 15, 2025

    EXPLAINER: What constitution says about emergency rule, governor’s suspension

    March 19, 2025
  • Free Legal Resources

    Trump suffers major Supreme Court defeat as justices uphold birthright citizenship (Download Judgment)

    June 30, 2026

    (Download Bill) Nigeria Moves Closer to State Policing as Constitution Alteration Bill is Released

    June 25, 2026

    [Download Judgment] Court convicts Nnamdi Kanu on all seven terrorism counts in Abuja

    November 20, 2025

    US court orders FBI, DEA to release records on Tinubu’s investigation (See UNITED STATES DISTRICT COURT MEMORANDUM OPINION)

    April 14, 2025

    Relief for Tinubu as U.S. judge denies Greenspan’s motion to fast-track confidential records disclosure by FBI, CIA, others

    October 24, 2023
  • Law News

    THE ROAD TO ACCOUNTABILITY: MEDICAL COUNCIL INDICTS GYNESCOPE SPECIALIST HOSPITAL FOR NEGLIGENCE

    October 16, 2026

    Olanipekun, SAN, Urges CJN to Intervene Over Non-Hearing of Applications for Leave to Appeal, Says Judges Cannot Create Their Own Jurisprudence

    October 15, 2026

    ECOWAS Calls For Stronger Enforcement Of Court Judgments, Appeals Division To Bridge Justice Gap

    September 25, 2026

    “Court Of Appeal Stays Judgment Reinstating Akemokue As Okuokpellagbe” — Sado Remains On Stool Pending Appeal

    September 25, 2026

    UNILAG Law Faculty Honours 34 First-Class Bar Graduates, Celebrates WIPO Moot Court World Champions

    July 30, 2026
  • More
    • Legal Articles & Commentaries
    • Recent Events
    • Promotions
    • About Us
    • S.C Report Online
    • S.C Report Printed Editions
Lawbreed Blog
Home»Business & Tax Information»Finance Act: Fresh crisis looms over stamp duties charge collection
Business & Tax Information

Finance Act: Fresh crisis looms over stamp duties charge collection

Lawbreed LimitedBy Lawbreed LimitedFebruary 21, 2022Updated:March 2, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
President Buhari
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp

Indications emerged weekend of  crisis brewing between the federal government and labour union over who has the responsibility to collect stamp duties charge.

The Finance Act which was recently signed by President Muhammadu Buhari, had given the responsibility of collecting stamp duties charges to the Federal Inland Revenue Service, FIRS, instead of the Nigeria Postal Service, NIPOST, that before now performed the function.

The alleged stripping of NIPOST of the responsibility to collect stamp duties charges has not gone down well with Senior Staff Association of Statutory Corporations and Government-Owned Companies, SSASCGOC, an affiliate of the Trade Union Congress, TUC, that has viewed the development as a usurpation of its statutory duty by another agency of government.

Speaking to journalists in Abuja, on the sidelines of the SSASCGOC elections, the union’s immediate past National President, Mohammad Yunusa, said the federal government has already been dragged to court over the matter.

He said:  ”The problem we have  that is connected to the Federal Government directly is about the Finance Act. The Finance Act has given the primary functions of NIPOST, which is one of our branches, to FIRS and we have challenged government on this matter even to the court that, that Finance Act must be reversed.

‘You can’t take the statutory function of NIPOST and give to another agency in the disguise of Finance Act, we can’t accept it.

”Is there any organization by law that is allowed to produce and sell stamps in Nigeria apart from NIPOST?   That’s what they are trying to do but it is not acceptable to us.”

Yunusa, who is the National Treasurer of the TUC, vowed that his union would do everything possible in its rights to ensure the moves by the government to privatise the Nigerian Communications Satellites were not achieved.

He argued that the agency would go into extinction immediately after its privatisation.

”The Federal Government is trying to interfere in the Nigerian Communications Satellites (NigComSat). Although, to a great extent, we have settled that matter but they have not entirely removed their hands.

”Government is thinking of privatising that organisation with the excuse that they are not generating enough revenue. But we are saying No!

”Once you privatise that organisation, especially with insecurity in Nigeria, all manners of bandits and insurgents will take over that place because the people you’re privatising to, only God knows what they would do with that enterprise after you have privatised it to them.

”To some extent, Government has listened to us, but we can still see some signs that they have not removed their hands entirely,” he said.

Meanwhile the union has elected new national officers to pilot its affairs.

After a keenly contested elections, Alakija Kayode Surajudeen, emerged as the new President General, while Suleman Aminu was elected the deputy President.

Other officers elected include, Benjamin Olaka 1st Vice President, Francisca Abiodun Adedayo, 2nd Vice President, Mukthar Adikwu, National Treasurer, Samuel Ajakaye, Internal Auditor, Ogechi Jacintha James, National Public Relations Officer, and three Trustees, Ajayi Lateef, Yewande and Jandubril Isah

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Lawbreed Limited
  • Website
  • Facebook
  • X (Twitter)
  • Instagram
  • LinkedIn

Publishers of Judgments of The Supreme Court of Nigeria (S.C Report) - on the Authority of the Supreme Court of Nigeria

Related Posts

FG issues transition guidelines for Tax Acts 2025 (Download guidelines)

July 6, 2026

Application Of Retroactive Laws In Tax Disputes: A Review of ACCUGAS V FIRS & ANOR

July 6, 2026

FG launches fresh push to end double taxation

June 26, 2026

Comments are closed.

Top Posts

Trump, Sons, and Trump Organization File $10bn Lawsuit Against IRS and Treasury Over Tax Data Breach

January 30, 2026591 Views

$2bn debt dispute: Court rejects Olanipekun, Banire’s appointments as counsels to Nestoil, Neconde

January 23, 2026566 Views

UK introduces eVisas for Nigerian study, work visa applicants

July 9, 2025564 Views

Federal High Court Declares Lower Courts Lack Powers to Freeze Bank Accounts

January 16, 2026475 Views
Don't Miss

Six ways Nigerians can protect themselves from Ebola

General Update October 22, 2026

Its reappearance has made headlines since May, after reports of outbreaks in Uganda and the…

Visa doesn’t guarantee entry into America — US Mission

October 21, 2026

Ogun govt suspends monarch over alleged partisanship

October 21, 2026

Banker Chukwuebuka Nweke jailed for stealing from customer’s account

October 21, 2026

N156bn Debt: UBA Floors Vaswani Brothers, Stallion Group in Landmark Court Victory

October 21, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram

Subscribe to get Updates

Get the latest creative news delivered to your email. subscribe now

Supreme Court Report Online (S.C. Report Online) – CLICK TO SUBSCRIBE
SUPREME COURT REPORTS ONLINE - LAWBREED.COM
Our Picks

Six ways Nigerians can protect themselves from Ebola

October 22, 2026

THE ROAD TO ACCOUNTABILITY: MEDICAL COUNCIL INDICTS GYNESCOPE SPECIALIST HOSPITAL FOR NEGLIGENCE

October 16, 2026

Court Restrains Kano Hisbah From Arresting Christian Convert, Upholds Right to Change Faith

August 18, 2026

UK Barrister Disbarred After Recording Family Court Proceedings Without Consent

August 18, 2026
Don't Miss

Six ways Nigerians can protect themselves from Ebola

General Update October 22, 2026

Its reappearance has made headlines since May, after reports of outbreaks in Uganda and the…

Visa doesn’t guarantee entry into America — US Mission

October 21, 2026

Ogun govt suspends monarch over alleged partisanship

October 21, 2026

Banker Chukwuebuka Nweke jailed for stealing from customer’s account

October 21, 2026
About Us
About Us

Lawbreed Blog is owned by Lawbreed Limited, a full fledged Law publishing and marketing Private Limited Liability Company, incorporated under the Laws of the Federal Republic of Nigeria.

Email Us: mails@lawbreed.com
Contact: +2348077011730

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp
Tags
#2023Election Adeleke AGF AI AMCON APC Atiku Bamise Bandits Bill BOSAN Bribe BRT Buhari CBN CJN Covid EFCC FEA feature featured FG FHC FIRS Fraud INEC Lawbreed LAYI BABATUNDE SAN metro Multichoice NBA NICN NJC Nnamdi Kanu NPC Obi Osun State Popular SAN Supreme Court Tax Tinubu Trending Twitter VAT
Most Popular

Trump, Sons, and Trump Organization File $10bn Lawsuit Against IRS and Treasury Over Tax Data Breach

January 30, 2026591 Views

$2bn debt dispute: Court rejects Olanipekun, Banire’s appointments as counsels to Nestoil, Neconde

January 23, 2026566 Views

UK introduces eVisas for Nigerian study, work visa applicants

July 9, 2025564 Views

Type above and press Enter to search. Press Esc to cancel.