"> How Stamp Duty Controversy Axed Adegbuyi from NIPOST - Sahel Standard
October 19, 2020
Business News Politico Top Stories

How Stamp Duty Controversy Axed Adegbuyi from NIPOST


Former Post Master General of NIPOST,Bisi Adegbuyi lost his job due to his refusal to support government’s decision to cede collection of stamp duties to the Federal Inland Revenue Service,Checks by Sahel Standard revealed.


The Federal Ministry of Finance had directed that the responsibility should be that of the FIRS to ensure accountability and uniformity in government revenue drive.


The directive however did not go down well with Adegbuyi and the NIPOST establshment who cited the act authorising stamp duty as domiciling the responsibility with NIPOST rather than FIRS.


Adegbuyi recently spoke on the subject ,reiterating the need for the legal requirement to be complied with. 


Furthermore,staff of NIPOST also demonstrated against the new policy last week.


It was learnt that Adegbuyi did not submit to or seek ministry’s guidance on the directive from the finance ministry.


“The differences appear irreconcilable.A head of federal parastatal cannot disagree with a ministerial policy “,the source noted.


President Muhammadu Buhari had appointed  Dr Ismail Adebayo Adewusi (South West) as  the new Postmaster General/CEO of the Nigerian Postal Service (NIPOST).He replaces Barrister Bisi Adegbuyi  (South West) according to a statement signed by Presidential Spokesman, Femi Adesina on Monday

Please follow and like us:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *