Nigeria Postal Service, NIPOST, Area Postal Manager, Plateau Territory, Rev Danso Yinka has said that total compliance of Stamp Duty Act can generate revenue worth over N1 trillion to the federation account annually.
Yinka who made this known to reporters at the launching of Stamping Protocol Promotion campaign yesterday in Jos, said that NIPOST is one of the government’s oldest agencies that have the potential and capacity to create jobs and wealth in enormous dimension for the citizenry.
He said that the Stamp Duty Act should be seen as an alternative source of revenue to the government if only the government and the people can enforce the implementation/compliance, the resultant effect of this is bringing billions of naira into the coffers of government of Plateau State in particular and the entire nation at large on an annual basis.
Yinka said that NIPOST has the power to administer the Stamp Duty Act as a means of creating huge revenue base for the country’s economy, but remains unpopular till date among its targeted audience, the citizenry. Majority of Nigerians are not aware of the stamp duty, hence the need to sensitized the public i n the Plateau.
NEW POST: “#StampDuty Act Can Contribute N1trillion to Government Revenue” – #NIPOST https://t.co/fUIUZnckbe https://t.co/aA2AsNln8f
“Stamp Duty Act Can Contribute N1trillion to Government Revenue” – NIPOST https://t.co/SmZVPQChth https://t.co/yvxkgXRpPU
“Stamp Duty Act Can Contribute N1trillion to Government Revenue” – NIPOST https://t.co/DNKojosIOa https://t.co/SU8C6yBBjA