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Stamp duty dispute: Court orders CBN to pay firm N579.1b in damages

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A Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay a firm – Kasmal International Services – N579,130,698,440 for assisting the Nigerian Postal Service (NIPOST) to collect stamp duty between January 1, 2015 and January 31, 2020.

The court also ordered the CBN to pay the N579 billion judgment sum along with 10 percent interest per annum.

Justice Inyang Ekwo handed down the judgement on Friday in a suit marked: FHC/ABJ/CS/335/2024 filed by Kasmal, with the CBN and the Attorney General of the Federation (AGF) and Minister of Justice as defendants.

Justice Ekwo faulted the defendants’ contention that NIPOST lacked the statutory power to collect stamp duties and that the agreement it (NIPOST) reached with the plaintiff was illegal.

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The judge declared that a previous judgment on stamp duty given in favour of the plaintiff still subsisted as it is yet to be contradicted by any higher court.

Justice Ekwo faulted the argument by the CBN and the AGF that the reliefs sought by the plaintiff could not be granted because all revenues accruing to the federation, including the stamp duties, are remitted into the Federation Account, which could only be distributed among the tiers of government as provided in the Constitution.

The judge noted that the CBN had earlier paid Kasmal N10.3 billion, representing 15 percent of the remitted stamp duty paid by all Deposit Money Banks (DMBs) between January 1, 2015, and January 31, 2020, from the CBN NIPOST Stamp Duty Collection Account No. 3000047517.

He said: “I find, at the end, that the CBN and the AGF have not effectively controverted the case of the plaintiff. The plaintiff, having made a credible case, ought to succeed on the merit, and I so hold.

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“It is my opinion that this case is predicated on the fact that the first and second defendants have had transactions with the plaintiff before by paying the plaintiff the sum of N10.3billion, being 15 percent of remitted stamp duty.”

The plaintiff, represented by Dr. Alex Izinyon (SAN), had claimed that NIPOST appointed it to represent it (NIPOST) in the collection of N50 on all receipts given by any bank or financial institution in acknowledgement of services rendered concerning electronic transfers and teller deposits of N1,000 and above, in compliance with the Stamp Duties Act and the Nigeria Financial Regulations 2009.

He added that the terms of the agreement between NIPOST and the plaintiff included the remuneration of N7.50 from every N50 deduction.

Kasmal prayed the court for an order directing the 1st and 2nd Defendants to pay the plaintiff the sum of N579,130,698,440 or any other sum as may be adjudged by this Court upon the production of the records relating to the collection of stamp duty between January 1, 2015, and January 31, 2020, representing 15% of all accrued deposits paid into or which ought to have been paid into the CBN NIPOST Stamp Duty Collection Account No. 3000047517 by all Deposit Money Banks (DMBs).

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“An order directing the 1st (CBN) and 2nd Defendants to pay the plaintiff an interest payment of 10% per annum on the sum of N579,130,698,440 or any other sum as may be adjudged by this Court upon the production of the records relating to the collection of stamp duty between January 1, 2015, and January 31, 2020, representing 15% of all accrued deposits paid into or which ought to have been paid into the CBN NIPOST Stamp Duty Collection Account No. 3000047517 by all Deposit Money Banks (DMBs).”

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Alleged defamation: Peter Obi pledges to fulfill bail conditions for Farotimi

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The 2023 Labour Party presidential candidate, Peter Obi, has offered to fulfill the bail conditions of human rights lawyer, Dele Farotimi.

DAILY POST recalls that on Friday, Farotimi was granted bail by an Ekiti Magistrate Court in a defamation case involving Afe Babalola.

The bail conditions require a N30 million bond, two sureties (one of whom must own a house), surrendering his passport, and refraining from granting media interviews.

A former spokesperson for Obi’s 2023 presidential campaign, Tanko Yunusa, in a statement shared on Friday via his X account, announced the decision of Mr Obi.

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Yunusa said that Obi, as a proponent of the rule of law, wanted the issue resolved in a way that respects legal processes and benefits everyone involved.

“I consulted His Excellency, Peter Obi, as the leader of the Obidient Movement. As a respecter of rule of law, due process, and order, he offered to take Dele Farotimi on the bail conditions,” Yunusa stated.

He further expresssed Obi’s gratitude to all concerned in the matter.

“His concern is that the situation be resolved in the best interest of all parties and our legal system.

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“He extended his sincere appreciation to all concerned,” Yunusa added.

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Wike gives Abuja land owners fresh two-week ultimatum to settle C-of-O bills

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Minister of the Federal Capital Territory (FCT), Nyesom Wike, has given owners of the 762 plots of land in Maitama II District, Cadastral Zone, A10, Abuja, a fresh two-week ultimatum to pay for their Certificates of Occupancy (C-of-O) or risk final revocation of their allocation.

According to a statement yesterday, by his Senior Special Assistant on Public Communications and New Media, Lere Olayinka, the FCT Minister reiterated that the primary interest was not for people to lose their lands, but to get them to make necessary payments to the government.

The statement read; “It should be recalled that on October 5, 2024, a list of 3,273 allottees/title holders that were yet to pay for their C-of-O were published. They were offered two weeks to pay their bills or lose their Right of Occupancy (R-of-O) titles. Out of the 3,273, a total of 2,511 complied, leaving 762.

“Yesterday, notice of withdrawal of the R-of-O titles of the 762 defaulters was published.

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“Since then, many of the affected allottees have offered to pay, and since the primary aim of the government is to ensure payment, a two weeks grace has been given.

“Consequently, the 762 allottees and the 614 others with outstanding payment on C-of-O will have till January 3, 2025 to pay, or have their R-of-O titles withdrawn, pursuant to the provisions of Section 28 of the Land Use Act of 1978.

“After January 3, 2025, there will be no further extension and withdrawal of the R-of-O titles of defaulters will be final.”

Meanwhile, Speaker of the House of Representatives, Abbas Tajudeen yesterday  denied being  indebted to the Federal Capital Development Authority.

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The Speaker, in a statement by his Special Adviser on Media and Publicity, Musa Abdullahi Krishi said he paid all his obligation to the FCDA since October, 2024.

Media reports had listed the Speaker and former President Muhammadu Buhari among those whose land had been revoked for non-payment of the accrued fees.

The statement reads: “The attention of the Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, Ph.D, GCON, has been drawn to reports in both the print and electronic media to the effect that the Federal Capital Territory Administration (FCTA) revoked land titles in the FCT, belonging to certain individuals, including the Speaker, due to non-settlement of outstanding payments.

“For the record, His Excellency, Speaker Abbas Tajudeen, Ph.D, GCON, has only one land allocated to him in the FCT, and has since settled his outstanding payment in October 2024, following the FCTA’s newspapers’ publications to that effect.

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“It is, therefore, an error for the FCTA to include his name among those having outstanding payments, leading to the revocation of the land titles. The FCTA is advised to be more circumspect in handling such issues.

“The Speaker cautions the media to always verify their facts before going to press with such issues.

“The media are, therefore, urged to desist from further publishing or spreading such misleading information about the person of the Speaker.”

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Army, Navy, Air Force promote hundreds of senior officers

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The Nigerian Army, Navy and Air Force have promoted hundreds of their senior officers.

The Air Force Council approved the promotion of 19 Air Vice Marshals (AVMs) and 33 Air Commodores (Air Cdres) in the Nigerian Air Force (NAF).

The Navy Board on its part approved the promotion of 146 senior officers to various ranks in the Nigerian Navy. The board promoted 24 Commodores to the rank of Rear Admiral, 26 Captains to the rank of Commodore, and 96 Commanders promoted to the rank of Captain.

Similarly, the Army Council approved the promotion of senior officers to the next ranks of Major General and Brigadier General, respectively. The council promoted 35 Brigadier Generals to the rank of Major General, while 73 Colonels were also elevated to the rank of Brigadier General.

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The Air Force in a statement by its spokesman, Air Commodore Olusola Akinboyewa, yesterday  said the newly promoted officers had demonstrated exceptional leadership, professional competence, and dedication to duty in various operational and administrative roles, to earn the elevation.

The statement said: “Those elevated to AVM are: Osichinaka Ubadike, Olusola Akinboyewa, Olasunkanmi Abu, Yohanna Katabiya, Nosiru Folaji, David Pwajok, Albert Bot, Ibitayo Ajiboye, Mikail Abdulraheem, Kennedy Mataluwo, and Gbolahan Oremosu.

“Others are Ayodele Hanidu, Mohammed Omar, Atang Sambo, Jibrin Usman, Ernest Owai, Adindu Ekwuribe, Garuba Bello, and Muhammed Isah.”

Officers promoted to Air Commodore, according to the statement, include Abdulahi Abu, Sani Ma’aji, Olamiju Obasa, Eyo Benson, Bashiru Amunemi, Nuhu Hassan, Oluwasegun Okeniyi, Abang Oyong, Eze Onu, Folarin Agbebi, Mohammed Aliyu, and Muzamil Muhammed.

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Other officers elevated to Air Commodore are Gp Capts Ibrahim Musa, Nkechi Esionye-Uzodinma, Rapheal Garba, Daniel Komo, Eric Kpokpogri, Bature Usman, Adebunmi Ola, and Dooyum Laha. Also promoted are Gp Capts Bello Argungu, Bello Aliyu, Ahmed Saidu, Isiaka Yakubu, Abba Muhammed, Olusoji Olarenwaju, Joshua Nalazai, Kingsley Obi, Hafsat Ali, Ademola Adejimi, Abdullahi Abubakar, Ayuba Abubakar, and Mustapha Elkhojah.

Also providing details about the promotion of its officers, Navy’s spokesman Commodore Aiwuyor Aliu-Adams, yesterday said the Navy Board released the promotion on Thursday December 19.

The newly promoted Rear Admirals, according to the statement are: Rear Admiral Ibrahim Mohammed-Katsina, Suleman Dahun, Gideon Jinjirim Kachim, Abolade Olanrele Ogunleye, Seminu Adisa Adepegba, Bob-Manuel Kokoete Effiong, Yusuf Sani Idris, Danjuma Mohammed Ndanusa, Ifeanyi Chidi Okpala, Mushin Yahaya Abba, and Victor Dabess Choji.

Other are Vincent Burabari Gbaranwi, Madumom Ide, Desmond Okechukwu Igbo, Kolawale Olumide Oguntuga, Adedokun John Siyanbade, Raheem Taofeek, Kabiru Tanimu, Bai Haruna Sabo, Jonathan Ojone Ajodo, Paul Efe-Oghene, Musliu Olatokunbo Yussuff, Abiodun Alade and Samuel Innocent Ngatuwa.

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“The newly promoted Commodores are Mohammed Ahmed Abdullahi, Kabir Umar Rabiu, Bashir Abubakar, Olayinka Ayodele Aliu, Uche Aneke, Temitope Adeshola Bamidele, Ekuma Raphael Ekuma, Nsikan Friday, Ibrahim Ari Gwaska, Maksum Abdullahi Mohammed, Mutalib Ibikunle Raji, Murtala Aminu Rogo, Umar Saidu, Aminu Shehu, Mohammed Saghir Shettima, Jelani Umar, Olusegun Abiodun Awofe, Manga Salisu Danjuma, Mohammed Auwal Jibrilla, Adamu Mohammed Mohammed, Kelechi Kingsley Ogbonna, Makanjuola Yakub Olowu, Saidu Sulaiman, Yahaya Jaja Muhammed, Sylvester Kennedy Ogogo and Babatunde Usman Quadri,” the statement said.

Announcing the promotion of its officers yesterday, Army spokesman, Maj.-Gen. Onyema Nwachukwu, in a press statement said “those promoted to the rank of Major General, according to the statement are: Brig Gen A Garba Acting Provost Marshal Nigerian Army, Brig Gen UM Alkali Deputy Chief of Administration, Directorate of Veteran Affairs (Army), Brig Gen AGL Haruna, Acting General Officer Commanding 7 Division and Commander Sector 1 North East Operation HADIN KAI, Brig Gen IA Ajose Acting General Officer Commanding 8 Division and Commander Sector 2 North West Operation FANSAN YAMA, Brig General NB Ebulue Headquarters Nigerian Army Heritage and Future Centre, Brig Gen LG Lepdung Commander Operation WHIRL STROKE, Brig Gen OA Awolo, Director Military Training Nigerian Defence Academy, Brig Gen UG Ogeleka Commander Nigerian Army Space Command, Brig Gen OA Fadairo Commander 12 Brigade, Brig Gen OD Williams Commander 22 Brigade , Brig Gen JR Lar Commander 32 Brigade, Brig Gen AG Mahmuda Commandant Warrant Officer Academy, Brig Gen VD Beryo Commander Nigerian Army Special Forces School, Brig Gen AOD Okoro Director Army Headquarters Department of Special Services and Programmes, Brig Gen SO Adejimi Director Movement Army Headquarters Department of Army Logistics, Brig Gen TT Sidick Director of Finance Nigerian Defence Academy, Brig Gen MCE Ejike Commander Sector 2 Joint Task Force North East Operation HADIN KAI, Brig Gen MF Babayo Commander Sector 3 North East Joint Task Force Operation HADIN KAI, Brig Gen H Yanet Commander 51 Signal Brigade and Brig Gen MK Gara Army Headquarters Department of Training.”

Others promoted to the rank of Major General are Brig Gen BP Koughna Deputy Chief of Military Affairs, Army Headquarters Department of Civil Military Affairs, Brig Gen I Otu Nigerian Army Heritage and Future Centre, Brig Gen AO Adegbite Headquarters Nigerian Army Corps of Supply and Transport, Brig Gen IE Ekpeyong Headquarters Nigerian Army Corps of Engineers, Brig Gen AA Idris Army Headquarters Department of Army Standards and Evaluation, Brig Gen SA Gumel Nigerian Army Resource Centre Strategic Management and Policy Studies, Brig Gen MT Jinadu Commander 82 Division Ordnance Services, Brig Gen SA Jimoh Deputy Director Tender Board Department of Procurement, and Brig Gen UT Opuene Deputy Director Policy and Plans Defence Intelligence Agency, among others.

Officers promoted from the rank of Colonel to Brigadier General are Col SM Iliya Commander 43 Engineers Brigade, Col O Igwe Commander 78 Supply and Transport, Col NE Udofia Headquarters Nigerian Army Electrical Mechanical Engineers, Col UR Okoroji Commander 404 Engineers Brigade, Col GS Oyinwola Army Headquarters Department of Military Secretary, Col S Ahmadu Defence Intelligence Agency, Col CI Nwonyi Commander 81 Division Provost Group, Col AS Aliyu Commander 1 Division Military Intelligence, Col T Garba Commander 77 Supply and Transport Brigade, Col K Imam Commander Army Headquarters Garrison Ordinance Services, Col NS Onuchukwu Chief Medical Director 44 Nigerian Army Reference Hospital, Col A Musa Commander 108 Division Equipment Support, Col DM Baba Office of the National Security Adviser, Col OA Obochi Defence Headquarters, Col PAJ Ebuk Commander 1 Division Supply and Transport, Col IP Omoke Office of the COAS Directorate of Procurement and Col P Elayo Headquarers Department of Space Administration.

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Others elevated to the rank of Brigadier General are Col NI Abdullahi Armed Forces Command and Staff College, Col JC Mbanefo Army War College Nigeria, Col IO Amah Department of Operations Defence Headquarters, Col M Jimoh Defence Headquarters Garrison, Col TA Ayoola Army Headquarters Department of Army Operations, Col SA Jimoh Office of the Chief of Army Staff Department of Procurement, Col OC Ameni 103 Division Equipment Support, Col OU Okwuosa 2 Division Medical Hospital and Services, Col AO Odubiyi Armed Forces Command and Staff College, and Col NE Udofia Headquarters Nigerian Army Electrical and Mechanical Engineers, among others.

Customs lifts 4,291 officers; confirms DCG, 8 ACGs

The Nigeria Customs Service Board (NCSB), at its 61st regular meeting held during the week promoted 4,291 senior officers and confirmed the appointment of one Deputy Comptroller General (DCG) and eight Assistant Comptrollers General (ACGs).

The occasion was chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

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The newly confirmed Nigeria Customs Service (NCS) Management Team members according to the statement issued by its National spokesman, CSC Abdullahi Maiwada include, DCG S Chiroma (North-East) and ACGs ZM Gaji (North-East), OA Adebakin (South-West), GM Omale (North-Central), MS Yusuf (North-Central), DA Nnadi (South-East), HK Ejibunu (North-Central), and D Hassan (North-East).

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