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Senate Committee Demands Stamp Duty Revenue Records from Governors, Banks

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By Yusuf Danjuma Yunusa

The Senate Public Accounts Committee has issued a 12-day ultimatum to the Nigeria Governors’ Forum (NGF), the Federal Inland Revenue Service (FIRS), the Central Bank of Nigeria (CBN), and all commercial banks to provide detailed records of all stamp duty revenue generated between 2016 and 2024.

The directive, announced by Committee Chairman Aliyu Wadada at the National Assembly on Thursday, aims to assist the federal government in tracking revenue and auditing the management and expenditure of these funds.

“It is, of course, one thing to be able to generate revenue, and it is a different ballgame for the revenue to be judiciously put together and effectively utilised. It is in the light of that that this committee thought it wise to look at the profile of revenue as regards the stamp duty in the country.

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“As a result of that, this committee has written to all commercial banks to furnish it with information that will be accompanied by figures as to how much that particular bank or collectively all the commercial banks have been able to generate from 2016 to 2024.

“The committee has also written to the Central Bank of Nigeria to furnish it with information accompanied with figures as to how much has actually been remitted by these commercial banks and how much has Central Bank remitted to the TSA. This committee has also written the Federal Inland Revenue Service for it to furnish it with information that should also be accompanied with figures as to how much it has generated on this category of stamp duty.,” he said.

On the inquiry involving state governments, Mr Wadada, who represents Nasarawa West Senatorial District, explained that the committee wrote specifically to the Chairman of the Nigeria Governors’ Forum, Abdulrahman AbdulRazaq of Kwara State, seeking a breakdown of stamp duty proceeds received by states within the nine years.

“For this exercise to be all-inclusive and all-encompassing. The committee has also written to the Nigerian Governors Forum, specifically to the chairman of the forum , Governor Abdulrahman Abdulrasak of Kwara State, through its secretariat, to also furnish this committee with how much they have received as proceeds of stamp duty. This is all geared towards knowing what is where, and how effective it should be utilised, he added.

Stamp duty charges are fees imposed on banking transactions and certain legal documents. It has been a major subject of controversy in Nigeria for nearly a decade. Public scrutiny intensified around 2016 when the federal government began enforcing electronic stamp duty on bank deposits above a prescribed threshold.

Since then, disagreements have persisted among federal agencies, financial institutions and state governments over who is responsible for collecting the revenue, how much has been generated, and where the proceeds have gone.

Multiple institutions, including the CBN, FIRS, commercial banks and state governments, have at various times laid claim to portions of the revenue.

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Avoid Rumors, Respect Privacy, Promote Inclusivity, Professor Tells Online Journalists

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By Abbas Yushau Yusuf

A Professor of Mass Communication at Bayero University Kano, Nura Ibrahim, has urged online journalists to ensure responsible online engagement and respect privacy in the discharge of their responsibilities.

Prof. Nura stated this while presenting a paper at the two-day retreat organized for the Kano Online Media Chapel of the Nigeria Union of Journalists, held in Dutse, the capital of Jigawa State.

The retreat, sponsored by the Kano State Government through the Ministry of Information and Internal Affairs, engaged online journalists on a wide range of topics to improve their capacity under the theme “Strengthening Digital Journalism Through Ethical Practice and Responsible Online Engagement.”

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Prof. Nura Ibrahim, of the Department of Information and Media Studies, Faculty of Communication, Bayero University, said online journalists should ensure balance in their reportage and avoid inflammatory language.

He also charged them to promote inclusivity, ensure cultural and religious sensitivity, avoid incitement, verify facts before publication, correct errors, and update content appropriately.

The university professor further urged them to combat misinformation, explain facts as they are, provide credible sources, avoid spreading rumors, and adopt language optimization tools alongside responsible SEO practices.

 

 

 

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Kano State Champions Ethical Digital Journalism: Retreat Empowers Online Media for Democratic Growth

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The Kano State Government has reaffirmed its commitment to promoting ethical, responsible and professional digital journalism, describing the media as a critical pillar of democratic governance.

The Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, stated this on Wednesday while declaring open a two-day retreat for members of the Kano Online Media Chapel of the Nigeria Union of Journalists (NUJ) in Dutse, Jigawa State.

The retreat, organised by the Kano Online Media Chapel with the support of the Kano State Government, is themed “Strengthening Digital Journalism Through Ethical Practice and Responsive Online Engagement.”

Waiya said the training, the first of its kind for online newspaper publishers in Kano State, underscored the administration of Governor Abba Kabir Yusuf’s recognition of journalism as a vital component of democratic practice.

He commended Governor Yusuf for approving and sponsoring the retreat, noting that the gesture reflected the government’s commitment to manpower development across sectors, including the media.

The commissioner urged online media practitioners to uphold ethical standards, professionalism, accuracy and integrity in news gathering and dissemination, stressing that online journalism must be clearly distinguished from unregulated social media activity.

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“Online journalists are not the same as social media users. Digital journalism must be guided by legal and ethical decorum, not sensationalism or the rush for quick breaking news,” Waiya said.

He noted that the rapid growth of digital platforms, coupled with emerging technologies such as artificial intelligence, has made continuous self-development and professionalism imperative for journalists seeking credibility at local, national and global levels.

Waiya also acknowledged the role of the Kano State Council of the NUJ in supporting the establishment and growth of the Online Media Chapel, attributing the successes recorded so far to cooperation and unity within the union.

He further disclosed that the Ministry of Information and Internal Affairs is advocating for the establishment of a state Freedom of Information law in line with the federal Freedom of Information Act, as part of efforts to strengthen transparency and press freedom in the state.

In his remarks, the Acting Permanent Secretary, Ministry of Information and Internal Affairs, Kano State, Malam Usman Bello, said the government approved the retreat outside Kano State in recognition of the growing importance of online journalism.

He explained that similar engagements had previously been organised for the Correspondents’ Chapel, adding that the retreat was aimed at equipping online journalists with the skills required to adapt to new trends in the profession and practice in line with modern global best practices.

Bello noted that the impact of online media transcends state boundaries, stressing that capacity-building programmes of this nature would help shape journalism practice not only in Kano State but across the country.

Also speaking, the Chairman of the Kano Online Media Chapel thanked the Kano State Government and the Ministry of Information and Internal Affairs for their support, describing the retreat as timely and impactful.

He urged members of the chapel to continue operating within the laid-down ethical guidelines of the journalism profession and in line with the social and legal provisions of Kano State.

The retreat drew participants from various online media organisations operating across Kano State.

The retreat was attended by editors and publishers of various online newspapers operating in Kano State.

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Broadcast Journalist Ikechukwu Oyemike Joins The Isle 95.9 FM Lagos as Head of Events And OAP

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FemyWalsh Limited, a business, economy, and development-focused media group, is pleased to announce the appointment of veteran broadcast journalist  Ikechukwu Oyemike, popularly known as Ogbuefi ItisIkechukwu, as Head of Events and On Air Personality (OAP)  at  The Isle 95.9 FM Lagos.

Oyemike joins The Isle 95.9 FM Lagos after more than 11 years of superlative service at Wazobia FM, where he built a strong reputation for credible journalism, compelling storytelling, and audience-centred broadcasting.

Over the years, he has become widely respected for his ability to connect deeply with listeners while delivering news, current affairs, and commentary with clarity, energy, and cultural resonance.

Speaking on his move, Oyemike said:
“I am delighted to join The Isle 95.9 FM Lagos as Head of Events and On Air Personality. This new chapter offers an exciting platform to engage listeners on air while also creating dynamic experiences through events that connect with our audience in meaningful ways.”

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Welcoming his arrival, Management described the appointment as a strategic investment in talent and audience experience. In his dual role, Oyemike will strengthen on-air programming and lead the development of high-impact events designed to deepen community connection, expand partnerships, and create memorable experiences for listeners and stakeholders.

FemyWalsh Limited is the owner of **The Isle 95.9 FM Lagos, *Souq News Television, and the soon-to-be-launched Kasuwa 97.9 FM Kano, as well as **Arewa Bayan Television, Abuja**. Across these platforms, the group is committed to business and development storytelling that elevates enterprise, strengthens institutional credibility, and amplifies African excellence.

Listeners and partners can look forward to fresh programming energy, stronger listener engagement, and innovative event experiences as Oyemike continues his mission to inform, inspire, and entertain audiences across Lagos and beyond.

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