Jungle Journalist Media Limited
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security
No Result
View All Result
Jungle Journalist Media Limited
No Result
View All Result
  • News
  • Politics
  • Economy and Business
  • Sports
  • Editorial
  • Education
  • entertainment
  • Health
  • Niger Delta
  • Security

States sue FG over sharing of stamp duty revenue

by Jungle Journalist
September 9, 2021
Reading Time: 3 mins read
Share on FacebookShare on TwitterShare on WhatsApp

Abubakar Malami, the Attorney-General of the Federation (AGF) has been sued by Attorneys-general of the 36 states over non-remission of funds generated from stamp duties into state accounts.

The state attorneys-general in the lawsuit filed before the supreme court on August 24 and marked SC/CV/690/2021, argued that state governments have the sole authority to collect stamp duties and not the federal government.

ADVERTISEMENT

The apex court was asked to determine;

ReadAlso

Fed Govt says its committed to birth control

JUST IN: FG lifts #TwitterBan

“Whether or not hether or not, having regard to the mandatory provisions of Section 4(2) of the Stamp Duties Act Cap. S8 Laws of the Federation of Nigeria (LFN), the plaintiffs (all the state attorneys) are not the sole authority to administer and collect stamp duties on all transactions involving individuals/persons within their respective states?

“Whether having regard to the provisions of Section 4(2) of the Stamp Duties Act Cap. S8 of the Laws of the Federation of Nigeria read in conjunction with the provisions of Section 163, items 58 and 59 of the Second Schedule part I and items 7 (a) and (b) of the second Schedule part II and other provisions of the Constitution of the federal republic of Nigeria, 1999 (as amended), the defendant (Malami) could claim, retain, distribute or in any other manner deal with the monies or sums collected as stamp duties on individual persons transactions within the respective states of the plaintiffs without reference to, concurrence of, input or agreement of the plaintiffs?

ADVERTISEMENT

“Whether or not they are entitled to 85% of all stamp duties collected on electronic money transfer levy, on electronic receipts or electronic transfer for money deposited in deposit money banks and financial institutions, on any type of account to be accounted for and expressed to be received by the person to whom the transfer or deposit is made in the plaintiffs’ respective states.”

Should the issues above be resolved in their favour, the state attorneys-general asked the court to declare that they “are the sole authorities entitled to administer and collect stamp duties on all transactions involving individuals within their respective states”.

The plaintiffs also asked the court to issue an order directing Malami to account for and pay back all monies and collected by way of stamp duties on individual persons’ transactions within their respective states from the period of 2015-2020 and thereafter till the time of the judgment.

They also asked for;

ADVERTISEMENT

“A declaration that the defendant is not entitled to collect, administer, or keep the proceeds of any stamp duties on transactions involving individuals within the respective states of the plaintiffs or any manner interfere with the Plaintiff’s right and authority in the administering the provision of Section 4(2) of the Stamp Duties Act Cap. S8 Laws of the Federation of Nigeria.

“A declaration that the plaintiffs are entitled to all the sums of money collected by the defendant as stamp duties through whatever source or means in their respective states from 2015-2020 and thereafter till the time of the judgment of this honourable court with respect to individual persons’ transactions.

“A declaration that the plaintiffs are entitled to 85% of all stamp duties collected on electronic money transfer levy, on electronic receipts or electronic transfer for money deposited in deposit money banks and financial institutions, on any type of account to be accounted for and expressed to be received by the person to whom the transfer or deposit is made in the plaintiffs’ respective states.

“An order of this honourable court directing the defendant to pay over to the Plaintiffs all the sum of monies amounting to One Hundred and Seventy Six Billion, Sixty Seven Million, Four Hundred Thousand Naira (N 176,067,400,000,00) representing ascertained and admitted collected stamp duties on individual persons’ transactions within their respective states for the period of 2015- 2020 and thereafter till the time of the judgment of this honourable court or any other sum as the plaintiffs may be found entitled by the honourable court.

“An order of perpetual injunction restraining the defendant by himself, privies, agents or any persons by whatever name or how so ever called from appointing anyone for the purpose of collecting Stamp Duties on individual persons’ transactions within the respective states of the plaintiffs henceforth.”

No date has been fixed for hearing yet. This is coming at a time when the Rivers state and Lagos state governments have began processes of collecting Value Added Tax in their respective states.

Share this:

  • Twitter
  • Facebook

Related

Tags: Federal Government of NigeriaStamp dutystate governments
Share3Tweet2Send
Previous Post

COVID-19: NPHCDA Reveals Why Vaccinated Nigerians Get Infected

Next Post

VAT: FG – States with higher tax earnings should assist poorer ones grow-Patriotic Eholor

You MayAlso Like

Election

Wike, Obi, Kwankwaso in fresh alliance deal, as plans to make Kwankwaso VP to Obi underway

July 1, 2022
Building and Properties

Agony, tears as FCTA pulls down 135 houses, illegal structures on waterways to curb flooding

July 1, 2022
National

I would’ve been a native doctor chasing lizards in Aba – Joe Igbokwe

July 1, 2022
National

NAWOJ president describes journalists as selfless givers who get no reward

July 1, 2022
Bizarre

8 killed as secret cult wars resume in Benin City

July 1, 2022
Health

COVID-19: 332 new cases confirmed by NCDC, as Lagos, Rivers leads

July 1, 2022
Next Post

VAT: FG - States with higher tax earnings should assist poorer ones grow-Patriotic Eholor

Abia State Govt reconstitutes College of Health Sciences Management

Discussion about this post

ADVERTISEMENT

Recent Posts

  • Wike, Obi, Kwankwaso in fresh alliance deal, as plans to make Kwankwaso VP to Obi underway
  • Agony, tears as FCTA pulls down 135 houses, illegal structures on waterways to curb flooding
  • I would’ve been a native doctor chasing lizards in Aba – Joe Igbokwe
  • NAWOJ president describes journalists as selfless givers who get no reward
  • 8 killed as secret cult wars resume in Benin City
ADVERTISEMENT

Recent Comments

  • Ogbuenyi Sunday on Anambra police arrest river-bathing prophet ‘Onye Eze Jesus’
  • Stephen CE on List of international stars who have joined #EndSARS/#EndSWAT and what they said

Trending

EKWEREMADU: How My Journey to UK for a Job Turned to Organ Harvesting – David Nwamini

BREAKING: I didn’t attend primary, secondary schools; my university certificates stolen by unknown soldiers, Tinubu tells INEC

World’s richest man breaks record, earns Dangote’s total worth of over N6trn in 8 hrs

See the things Peter Obi said that set the internet on fire

JUST IN: Political Extremists Have Assigned Fulani Jihadists To Kill Peter Obi, Says Intersociety

ADVERTISEMENT

Ike Ekweremadu: What British law says about human organs donation, transplant & trafficking

How 2 Men Lured Nursing Mother to Hotel, Drug Her Yoghurt, Kill Her and Sell Her Baby for N150K

BREAKING: ICPC Uncovers Billions In Cash Meant For Arms, Ammunition To Fight Boko Haram In Abuja Home Of Ex-Chief Of Army Staff, Buratai

Tansian University on the brink as unending crises rage on

BREAKING: Justice Tanko Muhammad Resigns As CJN

ADVERTISEMENT

Popular Stories

  • JUST IN: CBN Governor, Godwin Emefiele sacked

    1499 shares
    Share 600 Tweet 375
  • BREAKING: Enugu LG election turns bloody, 5 killed as unknown gunmen abduct journalists(+Disturbing Images)

    364 shares
    Share 146 Tweet 91
  • BREAKING: Founder of Synagogue for All Nations, TB Joshua dies after programme

    273 shares
    Share 109 Tweet 68
  • BREAKING: ICPC Uncovers Billions In Cash Meant For Arms, Ammunition To Fight Boko Haram In Abuja Home Of Ex-Chief Of Army Staff, Buratai

    225 shares
    Share 90 Tweet 56
  • EKWEREMADU: How My Journey to UK for a Job Turned to Organ Harvesting – David Nwamini

    220 shares
    Share 88 Tweet 55
  • Lekki girl who sleeps with dogs for N1.5M battling incurable diseases, confesses to friend

    220 shares
    Share 88 Tweet 55

ABOUT US

Jungle Journalist Media Limited

Jungle Journalist Media Limited

Jungle Journalist is an online news and information resource centre dedicated to accurate and timely news reports.

Read More >>

CONNECT WITH US

SECTIONS

  • Aviation
  • Biafra
  • birthday
  • Bizarre
  • Breaking News
  • Building and Properties
  • Columnist
  • Community Reports
  • crime
  • Economy and Business
  • Editorial
  • Education
  • Election
  • electricity
  • entertainment
  • Health
  • Holidays
  • Human Rights
  • International
  • Interviews
  • Law
  • Magazine
  • media
  • Money
  • National
  • News
  • Niger Delta
  • North
  • Obituary
  • Oil and Gas
  • Opinions
  • Photos
  • Politics
  • Press Release
  • Religion and Culture
  • Science and Technology
  • Security
  • South East
  • South-South
  • South-West
  • Sports
  • Transport and Aviation
  • Violence
  • Women and Children
  • Worship
  • Youth
No Result
View All Result

NEWS SOURCES

  • Punch
  • Nigerian Tribune
  • The Nation
  • Thisday
  • DailyTrust
  • The Sun
  • Daily Independent
  • PM News
  • Vanguard
  • Premium Times
  • Sahara Reporters
  • The Guardian
  • Leadership
  • Daily Times Of Nigeria
    • About
    • Advertise With Us
    • Privacy Policy

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.

    No Result
    View All Result
    • News
    • Politics
    • Economy and Business
    • Sports
    • Editorial
    • Education
    • entertainment
    • Health
    • Niger Delta
    • Security

    © 2021 Jungle Journalist Media Limited - Web Designed by AfeesHost.