Corporate Headquarters, Muhammadu Buhari Way, Garki II, Area 11, Abuja. The Federal Inland Revenue Service is expected to issue a clarifying circular in due course. 15 New Provisions In The Companies and Allied Matters Act (CAMA) 2020 That Promote Ease Of Doing Business (Download PDF) August 4, 2020 Full Guide to Registration as Oyo State Government Contractor, Supplier or Consultant In compliance with the Public Procurement Act of 2007, the Nigerian Postal Service (NIPOST) intends to undertake the procurement of 6 (six) No. He reinstated that NIPOST Act 2004 provides and vest solely in NIPOST the power to print adhesive postage stamps, which is the instrument for denoting documents and other transaction instruments in compliance with the provisions of the Stamp Duties Act. Answer: Electronic mail. This is a recruitment guide on NIPOST. Moreover, not only is NIPOST engaged in commercial activities, it is also a dominant player (within the meaning of Section 70 of the Act) 5 in the courier services market. • The Bill contains a total of 23 amendments to the existing provisions of the Stamp … DESTINATION: 0.5kg: 1.0kg: 1.5kg: 2.0kg: 2.5kg: 3.0kg: 3.5kg: 4.0kg: 4.5kg: 5.0kg: ADD 1/2kg(N) NATIONAL - WIDE INTER-REGION 2640 2880 An Act to enable effect to be given to the Revised Edition of the Laws of the Federation of Nigeria. 18 of that year. Duties Act, I-FN 2004 as reinforced by the court judgment in Suit No FHC/L/CS/1710/2013. Article (PDF Available) ... provisions of the Stamp Duties Act 2004, the NIPOST Act 2004 and the . Website: www.nipost1.gov.ng . Industrial Court sets aside purported retirement of NIPOST officer Bissan Akau, Orders reinstatement 13 Dec, 2020 Court President, Justice Kanyip mourns the death of pioneer Justice Paul Atilade Rtd This development was eshunicated by decree No. RESIDES WITH NIPOST (A Response to FIRS’ Circular “Clarifications on the Provisions of the Stamp Duties Act) The Nigerian Postal Service (NIPOST) wishes to draw the attention of the General Public to the aforementioned circular issued by the Federal Inland Revenue Service (F.I.R.S.) the Finance Act, 2019, as the only competent authority with powers to impose, charge and collect stamp duties on all dutiable transactions under the SDA. [2007 No. Wider base for taxing non-resident companies (NRCs) The Bill introduces provisions that create a taxable presence for NRCs carrying on digital activities, consultancy, technical, management or professional services in Nigeria, provided that they have "significant economic presence" (SEP) in Nigeria; and profit can be attributable to such activity. However, it is worth noting that the Nigerian Postal Service (NIPOST), in a recent Public Notice stated that the rights to print, mint, produce, retail and provide postage adhesive stamp resides with the NIPOST. This dominance is established by virtue of NIPOST being an operator in the market on the one hand, while having the power to influence an increase in the license fees payable by its competitors in that space. The Nigerian postal service is a Federal Government department saddled with the responsibility of sending, receiving and organizing mails to Nigerians within Nigeria and abroad. National Land Reform Commission (Est.etc)Bill2013(SB.372)-First Reading Sen.Abdullahi Adamu, CON (Nasarawa West) 3. Beyond transport … 1. NIPOST Requirements. Following the President's assent, the Honorable Minister for Finance, Budget and National Planning announced 1 February 2020 as the effective date for implementing the Value Added Tax rate increase from 5% to 7.5%. In this regard, the CBN pursuant to the provisions of its enabling laws, hereby issues this circular to all DMBs and other financial institutions. PRIMARY RESPONSIBILITY OF NIPOST “The primary responsibility of Nipost is established by the decree No. It is noteworthy that there has never been a national postal policy, however, Decree No. You can get this done yourself by the listed steps. 1. 41 of 1992 established the Nigeria Postal Service (NIPOST) to provide postal services in Nigeria. Its current operations are hampered by the fact that most of the country does not have well- organized street naming and house numbering address systems by Local Government Authorities. Approval of the Revised Edition of the L.F.N. The bill is aimed at modifying certain ambiguities in the act and legalising all collections through commercial banks from January 2017. It is noteworthy that there has never been a national Postal policy; however, Decree No. Pro-ACT approached NIPOST to utilize its courier Expedited Mail Service (EMS) platform to transport DBS samples and test results. SmallClaims Court (Est.etc)Bill2013(373)-First Reading Sen.Joshua M.Lidani (Gombe South) ORDERSOFTHEDAY … Answer: An initial tax-free period of 5 years renewable for an additional 3 years. The social service implication of the organization to barely m5%. This culminated in various lawsuits1 involving NIPOST, on the responsible agency to collect stamp duties, its applicability and relevant exemptions/limitations. Bill, 2019 into law to become the Finance Act, 2020. Information Technology Development Agency Act 2007 which became the legal platform for the creation of NITDA. Download article as PDF. (h)Monitor, investigate, and take every necessary step to forestall any planned Act of terrorism particularly. … • The Act provides a list of documents in its Schedule and the duty payable on each of them. Service (NIPOST) sought to obtain stamp duties on receipts from banks, resulting in Central Bank of Nigeria’s intervention. 2004. Information Technology Development Agency Act 2007 which became the legal platform for the creation of the National Information Technology Development Agency NITDA. 1.0 The Nigerian Postal Service (NIPOST), Garki II, Abuja wishes to undertake the Procurement of Works, Goods and Services in the implementation of its year 2020 … NIPOST also faces substantial competition from private sector … In that Notice, NIPOST informed the public that it had taken steps to ensure that the appropriate authorities addressed "the legal contradiction" which NIPOST claims exists in an earlier … The choice of NIPOST was informed by its wide network of over 900 post offices, 3,000 postal agencies, and extensive mail routes covering the country, which would help to ensure that hard-to-reach communities and localities are provided with EID services. a.Cult and Ethnic militia activities ; b.Criminal activities aimed at depriving citizens of their properties or lives; Or. Download Tender as PDF. The acceptable form of correspondence for persons disputing assessments by Tax Authorities in the New Act now includes. Download article as PDF. SDA AMENDING BILL (CONTD) … The postal code system developed by NIPOST in 2000, and an efficient addressing framework are key tools required for the repositioning of NIPOST. You don’t need any individual to process your NIPOST recruitment for you. and hereby inform the Public that the Nigerian Postal Service has observed several legal contradictions contained in the … THE FEDERAL REPUBLIC OF NIGERIA FEDERAL MINISTRY OF TRANSPORTATION INVITATION FOR TENDERS AND EXPRESSION OF INTEREST (EOI) TENDER PACKAGE NO – FMOT/PROC/2020/001. 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