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NIPOST tasks Edo govt on stamp duties awareness campaign

By Gabriel Enogholase
BENIN—AGAINST the backdrop of Nigerians’ lack of knowledge on the importance of the payment of stamp duties, the Nigeria Postal Service has appealed to Edo State government to help in the creation of awareness towards the implementation and enforcement of the Stamp Duties Act.

Chairman of the Stamp Duties Act Enforcement Agency, Mr. Lawrence Odiase, made the appeal in Benin when he led members of the agency on a visit to Edo State Attorney General and Commissioner for Justice, Dr. Osagie Obayuwana.

He told the Attorney General that their visit was informed by the on-going developments and reform in the postal sector of the economy as well as the high premium and burden of enforcement the federal government placed on Nigerians in its determination to revitalize and enforce the provision of the Stamp Duties Act.

He explained that no receipt was valid in the law court unless it carried a postage stamp.

“In every transaction, we are expected to comply with the Stamp Duty Act. It is a form of tax and amounts to financial crimes and criminal offence in terms of non-compliance. Most Nigerians are dishonest, that is why the Act has been thrown to the dust-bin’, he said.

He said that the challenges before the agency was to see to the full implementation of the Stamp Duties Act in the state and called for cooperation of both the state and local government in complying with the Act.

“Henceforth Postage Stamp is procured in large quantities from the Enforcement Agency to make it readily available to all who may urgently need them for transaction”, he said.

He further called for sufficient provision as it relates to penalties/sanctions to guarantee strict compliance with the Stamp Duties Act in Edo State.

Responding, Dr. Obayuwana said more modalities needed to be worked out to ensure that Edo State was  not shortchange in its revenue from the implementation of the Act.


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