The Post Master General of the Federation, Mallam Ibrahim Mori Baba, has said that the Nigeria Postal Services (NIPOST) is poised to generate about 3,000 new jobs for Nigerian graduates before the end of the year.
In his remark at the opening ceremony of a two-day Summit on Implementing Stamping Protocol in Nigeria, Baba said NIPOST in conjunction with 10 private companies had mapped out strategies to broaden the scope and coverage of all sectors of the economy towards effective implementation of the stamp Duties Act.
He decried the lackluster implementation of stamping protocol in Nigeria by government agencies and parastatals as well as the private sector, saying the country is losing millions of naira in revenue to the development on daily basis. [eap_ad_1] He said there is the need for government agencies and the private sector to key into the implementation of the act without further delay, stressing that the country’s economic growth depends largely on revenue accruing not only from oil, but other sources such as the stamp duty levy.
“I am pleased to inform you that NIPOST as an organization has done so much to create awareness of the existence of the Stamp Duties Act and I am glad to let you know that Jigawa and Osun states have approved the full compliance with the provisions of the Act by its Ministries and Agencies,” Mallam Baba said.
Delivering a paper on ways in which government agencies and the private sector can be made to comply with the provisions of the Stamp Duties Act, Barrister Christopher Muo, Consultant to NIPOST, said there is the need for synergy at all levels and tiers of government.
He decried a situation where only the governments of Anambra and Enugu states have keyed into the implementation of the Stamp Duties Protocol with attendant increase in their internally generated revenue, saying the National Assembly, Federal High Courts and other agencies of government should follow suit in the larger interest of the country. (Daily Independent)
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