Reps query NIPOST over non-collection of stamp duties for 9 years

The House of Representatives Thursday queried the Nigerian
Postal Service (NIPOST) over alleged non-collection of stamp duties
from 2004 to 2015.

The Hon. Whole One-led Public Accounts Committee ( PAC) of the
House issued the query at its investigative session with the
Postmaster General of the Federation, Mr. Bisi Adebuyi.

While being interrogated by the committee, the Postmaster
General disclosed that NIPOST collected a total of N43, 364,
020.000 as stamp duties from February 2016 to November 9, 2019.

“I am hereby announcing to the world that what we have collected
some far from stamp duties is forty-three billion three sixty-four
million and twenty million from February 2016 to November 8 2019;
domiciled with the Central Bank of Nigeria (CBN),” Adebuyi
declared.

But the chairman of PAC, Hon. Wole Oke expressed surprise that
there was no record on stamp duties collection between 2004 to
2015.

“What happened to collection from 2004 to 2015. Are you saying
that you don’t have the record or no collection made by any agency
on behalf of the government?” he queried.

The lawmaker added that NIPOST is empowered by the law to
collect stamp duties, therefore their claim that there were no
collections between 2004 to 2015 was unacceptable to the
parliament.