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Stamp Duty: FG to Support States to Recover Backlog

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Abubakar Malami, Minister of Justice

 

The Federal Government of Nigeria has expressed readiness to provide the much-needed support any States of the country, as may be required, in a bid to recover the backlog of Stamp Duty and generate more revenue to the country.

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN who made this known also called for the support and cooperation of the Attorney-Generals of the thirty-six states in-country and the Joint Tax Board on the proposed audit and recovery of the backlog of stamp duties from 15th January 2016 to 39th June 2020.

This is contained in a statement issued by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice made available to newsmen on Tuesday the 11th day of August 2020.

The media attack on me, a burden of leadership-Malami 

According to the statement, Malami made the call at the virtual meeting with the States Attorney-Generals and the Chairman, Federal Inland Revenue, and the Members of the Joint Task Board on Tuesday the 11th day of August 2020.

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The Minister cited Section 111 of the Stamp Duty Act which states that “ all duties, fines, penalties, and debts due to the Government of the Federation imposed by this Act shall be recoverable in a summary manner in the name of the Attorney General of the Federation or the State”.

Malami noted that it is permanent to note that by Paragraph 7, Item B of Part II of the Second Schedule to the Constitution and Section 4(2) of Stamp Duty Act, the State Governments are empowered to collect stamp duties in respect of transactions between individuals residing in their respective States.

It may be recalled that the Federal Government has set up an Inter-Ministerial Committee on the Audit and Recovery of backlogs of stamp duties.  The Committee, Chaired by the Office Attorney-General of the Federation and Minister of Justice; Abubakar Malami, SAN was inaugurated by the Secretary to the Government of the Federation, Boss Mustapha on Tuesday 30th June 2020.

Membership of the Committee was drawn from the Federal Ministry of Finance, Budget and National Planning, Office of the Accountant  General of the Federation, Secretary to the Government of the Federation, Revenue Mobilization, Allocation and Fiscal Commission, Nigerian Financial Intelligence Unit, Central Bank of Nigeria and Federal Inland Revenue Serve.

The Stamp Duties was originally captured in the Stamp Duties Act 1939 (Ordinance 41 of 1939) and amended by numerous Acts and various resolutions and contained in the Laws of the Federation of Nigeria 2004. Recently, the Finance Act 2019 amendment to the Stamp Duties Act, particularly Section 52-56 clearly defined the responsibilities for the administration of Stamp Duties in Nigeria and jurisdiction of participating taxing authorizes, as well as explained that the Federal Inland Revenue is the competent tax authority to administer, assess, collect, and account for stamp duty in the country.

 

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Breaking: Court Drops Charges Against Minors

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The Federal High Court in Abuja on Tuesday struck out the charges brought against a total of 119 #EndBadGovernance protesters.

All 119 protesters were arraigned on Friday, November 1 on charges bordering on Treason felony, inciting to mutiny, among others.

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The defendants were arraigned in two batches at the previous proceeding.

The first batch comprised a total of 76 protesters which included 32 minors and the second batch a total of 43 protesters.

The trial judge, Justice Obiora Egwuatu, struck out the suit following an application by the counsel to the Attorney General of the Federation, M. D Abubakar, to take over and discontinue the matter.

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NNPP Crisis: Assembly Members Deny Factional Differences

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By Salisu Baso

As the crisis erupted within Kano’s ruling party NNPP, with some members calling for the governor to stand independently, the Kano State House of Assembly has denied knowledge of any of its members being involved in the rifts.

The Majority Leader of the House, Hon. Lawan Hussain, representing Dala Constituency, revealed this to newsmen in an interview with journalists over the publication of an online newspaper, Daily Nigeria, stating that some members of the NNPP in the House have joined the factional crisis.

He described the news as a fabricated and mischievous story from unpatriotic elements planning to destroy the peace reigning within the party. He said that as far as the members of the House are concerned, there are no conflicts between the governor and the leader of the Kwankwasiyya Movement, Senator Engr. Rabiu Musa Kwankwaso.

The Majority Leader therefore assured the party parliament members of their solid support for the leader of the Kwankwasiyya and state governor, Engr. Abba Kabir Yusuf, adding that the governor considers Senator Kwankwaso his mentor.

On the issue of some party members calling for the governor to be independent (Tsaya da Kafar Ka), Hon. Dala said the governor is operating independently without interference from any person. He therefore accused some opposition politicians from the Federal Capital Territory, Abuja, of sponsoring unpatriotic people to ignite a crisis in the state with a view to disrupting the government’s development initiatives.

 

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Breaking: Tinubu Orders Release of Minors Arrested Over Endbadgovernance Protest

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President Bola Ahmad Tinubu

President Tinubu Orders release of all minors who participated in the Endbadgovernance protest .

 

The minister of information and national orientation Muhammad Idris stated this to state House correspondents.

Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents, on Monday.

The Minister was flanked by the Bayo Onanuga, Special Adviser to the President on Information and Strategy; Sunday Dare, Special Adviser on Public Communications and orientation.

Idris stated that the President has instructed the Attorney-General of the Federation, Lateef Fagbemi, to begin the process of securing the minors’ release without delay.

“The President has directed that all minors be released on the and also reunited with their families anywhere they are in the country. A committee has been set up to look at the issues surrounding their arrest, detention and release. All the law enforcement agents related to the case will be investigated and anyone found wanting will be brought to book,” he said.

 

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