The FIRS has stated that contrary to media reports, it is still in charge of the collection of stamp duty.
The Minister of Communications has disclosed that NIPOST has reclaimed the collection of stamp duty charges from the FIRS.
The selection and endorsement of NIPOST follows its success in the interview conducted by the CAC.
The startup companies are valued at over $1 billion because the uncertainties of doing business in Nigeria are quite high.
This disclosure was made through a series of tweet posts by NIPOST.
The backlash NIPOST got from SME proved enough to get the attention of the FG.
NIPOST's attempt to increase the registration fees for courier firms has generated outrage.
The news of the new fee structures had caused an uproar amongst Nigerians.
Nami listed at least 50 types of transactions that are eligible for stamp duty deductions.
According to the Post Master General of the Federation, the removal of stamp duty collection from the duties of NIPOST is depleting their revenue.