NIPOST charged to generate revenue with its assets



Accountant General of the Federation, Ahmad Idris has urged the of NIPOST to leverage its huge assets and human resources to generate . He gave this charge while he received in audience the Postmaster General of Federation, Dr. Ismail Adebayo Adewusi at the Treasury House in Abuja.

He assured the PMG that the office of the Accountant ant General will create a synergy for mutual cooperation between sister agencies. Stating that NIPOST for issuance of a Treasury circular to re-enforce the implementation and of the Stamp Duties Act on physical denotation of stamp will be granted.

The PMG visit was to seek the office of the Accountant General in respect to regulation of the Finance Act 2020, which empowers NIPOST as the sole to issue stamps for denotation and authentication of document. He explained that with the passage of the stamp Duties Act NIPOST has created a Stamp Authentication Department (SACD)  to drive the process of implementation.

Dr. Adewusi had earlier appreciated the AGF for the active role he played during the imbroglio between NIPOST and the Federal Inland Service. He recalled that Mallam Ahmad Idris has been a reliable partner since his appointment as the Postmaster General. He congratulated the AGF on his reappointment for a second term by Muhammadu , stating that it is a demonstration of the ’s conviction of the enormous transformation and he has achieved in nation’s financial account.

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