Senate moves bill to limit NIPOST to postal operations

The Bill also unbundled the bureau by making a commitment to control its own affairs.

The lingering controversy involving NIPOST along with the Federal Inland Revenue Service (FIRS) regarding who is statutorily permitted to accumulate Stamp Obligations on behalf of this Federal Government also seemed to have been put to rest in favour of FIRS because there isn’t any provision in the Bill regarding who would collect the tax.

Section 2 subsection 1-3 of this Bill nonetheless effectively barred NIPOST from participating in the tax group.

“The Postal Operator will likely be billed together with the responsibility of providing Universal Postal Service in Nigeria.

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“In executing its Universal Postal Service Obligations, the terms of any enactment, regulation or law concerning taxation of organizations, agencies or requisite funds will not apply to the Public Postal Operator conserve because of its duty as a collecting agent of authorities.