Connect with us

News

Reps Move to Settle FIRS, NIPOST Rift over Stamp Duty

Published

on

Kindly share this post

House of Representatives has offered to play the role of a mediator in the ongoing feud between the Nigerian Postal Service (NIPOST) and the Federal Inland Revenue Service (FIRS) over collection of stamp duties, according to James Faleke, chairman, House committee on Finance.

Reps Move to Settle FIRS, NIPOST Rift over Stamp Duty

The House described the battle by FIRS and NIPOST as “unnecessary and unhelpful.”

Top officials of the FIRS and NIPOST have been engaging themselves in a war of words, especially on the social media, claiming exclusive rights to collect stamp duties and manage the revenue.

Faleke, chairman, called a stakeholders’ meeting in Abuja to resolve the crisis and reach a resolution on the N58bn stamp duties revenue collected from February 2016 to April 2020.

At the meeting were Maimuna Abubakar, chairman of the Board of NIPOST; Ismaail Adewusi, postmaster general/chief executive officer of NIPOST; Mohammed Nami, chairman of FIRS; and other top officials of both bodies.

Faleke said the open fight by the two government agencies was embarrassing the committee, forcing the lawmakers to intervene and address the issue.

He said the lawmakers decided to convene dialogue to see if the agencies were doing the bidding of the law.

The lawmaker said after hearing from both sides, the committee would go back and look at all legal issues raised, while another meeting would be convened at a later date.

Earlier, both the FIRS and NIPOST bosses, in their separate presentations, described the battle between them as unnecessary.

Nami said, “The FIRS regrets that as agencies of the government, FIRS and NIPOST allowed a simple situation to degenerate to media exposure. It is regrettable that the differences in who controls stamp duty collection between both NIPOST and FIRS had degenerated to a public spat between the two agencies. This is unnecessary and unhelpful.”

Nami said it was discovered in December 2019, when he became Chairman of FIRS, that over N30bn had accumulated in the NIPOST Stamp duty Account with the Central Bank of Nigeria, which was opened in 2016 to warehouse stamp duty revenue.

According to him, FIRS has been generating N3bn revenue from stamp duty collection from banks weekly, from May 2020 to date, while the balance in the account had risen to N58bn by April 2020.

Nami noted that the deployment of the Application Programming Interface by the FIRS led to the increase in revenue generation.

The FIRS boss also the CBN directed the FIRST to move the money in the account to the Federation Account in May 2020.

Nami said since then, both the FIRS and NIPOST have been bickering over stamp duty collection and management of the revenue.

Adewusi, however, insisted that in spite of the new Finance Act 2019, NIPOST still maintains the powers to collect stamp duties.

He said, “The issue is, the Finance Act, 2019 did not in any way stop NIPOST from its mandate. In spite of amendment to the Finance Act, it has not affected the responsibility of NIPOST. There is no fight between NIPOST and FIRS over tax collection. The responsibility of procuring stamp rests with NIPOST, which is entitled to its share of the stamp duty proceeds it collected and domiciled in the Central Bank of Nigeria from 2016 to 2020.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

News

Elumelu Tags Elon Musk, Disowns AI-Generated Scam Video

Published

on

Kindly share this post

Tony Elumelu, Nigerian businessman and philanthropist, has warned about the growing dangers of artificial intelligence misuse after an AI-generated video falsely showed him promoting a forex and cryptocurrency trading platform.

Elumelu Tags Elon Musk, Disowns AI-Generated Scam Video

Tony Elumelu,

The founder of Tony Elumelu Foundation revealed this in a post on his X account on Monday, explaining that the video appeared highly convincing but was entirely fabricated.

In the post, he also tagged Elon Musk, X owner, and Nigeria’s Federal Ministry of Communications, Innovation and Digital Economy while calling for stronger safeguards against the misuse of artificial intelligence.

“A few days ago, my team flagged an AI-generated video of me endorsing a forex and crypto platform.

“It looked and sounded remarkably real, but it was completely fake. This incident highlights a growing and serious threat to digital trust,” he wrote.

He stressed that he has no affiliation with any cryptocurrency or foreign exchange trading platforms.

“For the avoidance of doubt, I am not associated with any crypto or forex trading platforms.

“My commitment to inclusive prosperity has always been through long-term investments, building sustainable businesses, and empowering entrepreneurs,” he said.

While acknowledging the transformative potential of artificial intelligence, Elumelu urged African youths to embrace the technology responsibly and use it to develop scalable solutions.

“I strongly believe in the potential of AI. It is a defining technology of our time, and African youth must be at the forefront of adopting it to build scalable solutions. We cannot afford to be left behind in the global tech race,” he added.

The business leader, however, warned that rapid technological advancement also presents risks if not properly regulated.

“But the flip side of rapid innovation is the risk of abuse. The ease with which identities can now be cloned to deceive the public is alarming.

“Policymakers and regulators must act now to establish safeguards and hold those using it to scam innocent people accountable,” he said.

Elumelu also urged the public to remain vigilant and protect themselves from digital fraud.

“We must create a safe digital environment where true innovation can thrive without being overshadowed by fraud. Protect your hard-earned money, stay alert, and let us continue to build the Africa we deserve,” he said.

 


Kindly share this post
Continue Reading

News

NITDA DG Appraised the Role of Teachers as Key to Nigeria’s Digital Transformation

Published

on

Kindly share this post

By Solomon Yaji

Kashifu Inuwa, the Director-General of the National Information Technology Development Agency (NITDA), has emphasised the critical role teachers play in driving Nigeria’s digital transformation, noting that classrooms will be central to shaping the country’s technology-driven future.

Inuwa made the remark during a stakeholders’ dialogue organised by the Development of Educational Action Network Initiative (DEAN) in Abuja.

Speaking on the theme “Nigeria’s Current Digital Landscape: Our Reality and Its Practical Connection to Education,” the NITDA DG, who was represented by the agency’s Director of Stakeholder Management and Partnerships, Dr. Aristotle Onumo, said the rapid expansion of the digital economy is reshaping the education sector and redefining the role of teachers in modern learning environments.

He explained that while digital technologies have created unprecedented access to information and opportunities for students, they also present challenges that require guidance and responsible use.

According to him, teachers must go beyond the traditional role of knowledge transmission to become mentors who help students navigate the digital world safely and responsibly.

“Teachers are no longer just instructors; they are now guides who help students identify credible information, avoid harmful online content, and develop responsible digital behaviour,” he said.

Inuwa added that educators must cultivate critical thinking among students while equipping them with the skills needed to thrive in an increasingly technology-driven society.

He reaffirmed NITDA’s commitment to advancing digital literacy nationwide through initiatives such as the Digital Literacy for All programme and partnerships with educational institutions aimed at strengthening teachers’ digital capacity.

The NITDA boss stressed that empowering teachers with digital skills is vital to preparing Nigerian students for the future workforce and ensuring the country remains competitive in the global digital economy.

Nigeria is currently pursuing an ambitious digital literacy agenda, targeting 70 per cent digital literacy by 2027 as part of broader efforts to build a knowledge-driven economy powered by innovation and technology.

Earlier in his remarks, the Executive Director of DEAN Initiative, Semiye Michael, said the workshop was designed to re-engineer teachers’ capacity in line with the realities of the digital economy.

“We need to strengthen teachers’ competence and provide them with access to the necessary digital infrastructure,” Michael said, adding that the engagement would help shape policies that support technology-driven learning in Nigerian schools.

He described the workshop as an “awesome experience,” noting that ideas generated during the session would be consolidated into a policy guide for the ministry and other relevant agencies.

Michael further noted that strengthening teachers’ digital capacity would be vital to enhancing Nigeria’s competitiveness in the global knowledge economy.

The event attracted key stakeholders from the Federal Ministry of Education, Nigerian Communications Satellite Limited (NIGCOMSAT), as well as private sector experts.


Kindly share this post
Continue Reading

News

Amnesty Poll: 97% of Nigerians Doubt Judicial Independence

Published

on

Kindly share this post

A new Amnesty International poll exposes stark public distrust in Nigeria’s judiciary, with nearly 97% of respondents believing judges face external influence and lack independence in their duties.

Amnesty Poll: 97% of Nigerians Doubt Judicial Independence

Amnesty International

Shared on social media by Amnesty International Nigeria, the poll asked if Nigerian judges operate freely. An overwhelming majority answered “No,” with only a tiny fraction expressing confidence amid fears of pressure from political actors or powerful interests.

Judicial independence underpins democratic governance, enabling impartial rulings based on law alone. In Nigeria, doubts have intensified after controversial decisions in high-stakes political cases.

While not a scientific survey, the findings echo civil society demands for reforms to boost transparency, accountability, and trust. Advocates stress that bolstering court autonomy is vital for upholding the rule of law and citizens’ rights nationwide.


Kindly share this post
Continue Reading

Trending