Headlines
Reps to Probe N20 Trillion ‘Non-Remitted’ Stamp Duty
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The House of Representatives has resolved to probe an alleged non-remittance of stamp duty revenue by deposit banks in the country.
The lawmakers paased the resolution after adopting a motion of urgent national importance brought before it by Goni Lawal (APC, Yobe).
The stamp duty is the tax placed on legal documents, usually in the transfer of assets or property.
The house resolution is coming months after an FOI request was sent in July on behalf of LeaksNG to the Central Bank of Nigeria (CBN), Office of the Secretary to the Government of the Federation (OSGF), Nigerian Postal Service (NIPOST), and the Nigeria Inter-Bank Settlement System (NIBSS) PLC.
The information requested were a report of stamp duty remittances by Deposit Money Banks and other financial institutions, the current status of the stamp duty central account domiciled in the CBN, stamp duty revenue remitted to the CBN by NIBSS between 2016 and 2017 and amount of revenue collected by NIPOST between 2010 and 2016.
The lawmakers accused banks and other federal agencies involved in the collection of the fund of “shortchanging the nation”.
Moving the motion, Mr Lawan urged his colleagues to investigate the matter after “efforts by both local and international civil society organizations to get details of the collections have failed.”
He said the Nigeria Postal Service (NIPOST) had in 2014 initiated the stamp duty collection scheme, after which the School Banking Honours (SBH) obtained authorisation of the Central Bank of Nigeria (CBN) to engage the banks and other collection agents.
“But public institutions, including the CBN, Nigeria Interbank Settlement System (NIBSS), NIPOST, among others, have over time failed to remit stamp duty taxes into the federation account running into trillions,” he said.
“While the deductible amount per bank account may seem small, it cumulatively adds up to money in trillions of naira, and must be subjected to the full condition of disclosure and transparency.”
The lawmaker added that such funds, if made available, could have been used for infrastructural development “or at least should have generated some interests in the private accounts where the fund is domiciled.”
Some lawmakers also raised concern over the issue which they said “is in disobedience to the treasury single account (TSA) policy”.
The Speaker Yakubu Dogara, while commenting on the issue said it is unacceptable for the banks to fail to remit the stamp duties to the CBN.
The speaker set up an ad hoc committee to investigate the whereabouts of the fund and report back in four weeks.
Premium Times
Headlines
Eguavoen Named Super Falcons Interim Coach
A former head coach of the Super Eagles, Austin Eguavoen, has been appointed to lead Nigeria’s Super Falcons on a temporary basis as the search for a permanent manager continues.
His immediate assignment is navigating the 2028 Olympic Games second-round qualifying tie against Comoros this October.
Eguavoen brings top-tier experience to the role, having previously guided the Super Eagles to a bronze medal at the 2006 Africa Cup of Nations in Egypt.
Joining the interim technical crew is Nasarawa Amazons head coach Christopher Danjuma, who recently led the Falconets at the 2024 FIFA U-20 Women’s World Cup.
Former Super Falcons defender Ayisat Yusuf – who earned 68 caps and featured at the 2008 Beijing Olympics – also joins as an assistant coach, alongside veteran goalkeeper trainer Olatunji Baruwa.
The 10-time African champions will kick off their campaign against Comoros, who advanced after a staggering 30-0 aggregate win over Sudan.
Both legs of the fixture will take place at the Remo Stars Stadium in Ikenne-Remo on October 9 and 13, 2026.
To secure one of Africa’s two spots at the Los Angeles 2028 Games, Nigeria must navigate four two-legged knockout rounds.
Should they beat Comoros, the Super Falcons will move on to the third round in early 2027 to face either Morocco or the Democratic Republic of Congo. Subsequent rounds are set for late 2027, where potential clashes against sides like Cameroon, South Africa, or Zambia loom in the final stretch.
Headlines
Defence Minister Musa Accuses El-Rufai of ‘Terrible’ Crimes As Kaduna Gov
The Minister of Defence, Gen. Christopher Musa, has accused a former Governor of Kaduna State, Nasir El-Rufai, of deliberately planning the killing of people in Southern Kaduna.
Musa made the allegation while fielding questions on Channels Television’s Politics Today programme on Thursday.
The minister said El-Rufai’s administration created deep divisions in Kaduna State, alleging that the situation made it difficult for residents from Southern Kaduna to live freely in the northern part of the State and vice versa.
According to him, the administration of the current governor, Uba Sani, has made deliberate efforts to restore unity and rebuild trust among residents of the State.
“We know how it was when El-Rufai was there; it was toxic,” Musa said.
“El-Rufai did a lot of terrible things in Kaduna State. He divided the country, the State, into two. In that, if you are from the South, you cannot go to the North and live. Those ones from the North were moving to the South.
“Governor Sani within one year has been able to dissolve all that. You see, now everybody is free, everybody has a say. It’s not 100%. Let me tell you, it’s not 100%, but you can see that he’s making deliberate effort in uniting the state.”
Speaking on the feelings of people in Southern Kaduna towards the former governor, Musa said the people remained deeply pained over killings recorded in the area during El-Rufai’s tenure.
He alleged that El-Rufai deliberately planned the killing of people in the region.
“Well, I don’t know if unhappy is an issue. I think if there’s anything worse than unhappy, we can never be happy with somebody who has deliberately planned for the killing of our people,” Musa said.
“I mean, when you look at it, if you look at his videos, you know, his speeches, he was very proud of what he did.
“He told us he paid bandits. He told us he did this, he did that. He didn’t hide it. He was that arrogant to come out and tell people that this was what he did.”
The Defence Minister said residents of Southern Kaduna were still traumatised by the killings that occurred during the period, adding that the security situation in the area had improved under the current administration.
“The Southern Kaduna people are still very pained. Of course, definitely. I mean, if you look at the number of killings that was done there and what is going on now, you can’t compare at all,” he said.
Musa further accused El-Rufai of denying some people opportunities during his administration and alleged that the former governor’s policies affected even people from his own part of the state.
“I can tell you what he has done to people living in Kaduna from his own area. He did a lot of things that I’m sure even him is not proud of,” he added.
The minister, however, called on Nigerians to reject politicians who exploit religion, ethnicity and other differences to divide the country.
“We should get politicians that want to unite Nigeria. For me, any individual who is using either religion, tribe, creed, or anything to divide the state can never be a friend; can never be somebody we look up to,” Musa said.
“We shouldn’t have those kind of ones in government. Anybody who is using religion or tribe or whatever to divide Nigeria is an enemy of the State.”
Headlines
Tinubu Jets Out to London for Three Weeks Leave
President Bola Tinubu departed Abuja, the nation’s capital on Sunday for Europe to begin a three-week vacation as part of his annual leave.
Presidential spokesperson, Bayo Onanuga, in a release disclosed that Tinubu’s first stop will be London, United Kingdom.
The President is expected to return home after the working vacation to join the hectic campaign for the January 2027 election.
Vice President Kashim Shettima had earlier this month went on two-week leave, his first since the Tinubu government assumed office over three years ago. He has since returned.






