Tension is brewing among three key government agencies over the implementation of the stamp duty recently reintroduced to the banking industry by the Central of Bank of Nigeria.
Investigation by our correspondent showed that there had been several closed-door meetings in the last two weeks aimed at resolving the contentious issues among the CBN, the Nigerian Postal Service and the Federal Inland Revenue Service.
Central issues in contention are the account where the money realised from the implementation of the stamp duty will be lodged in, access to the account and who gets what from the account that is estimated to attract more than N2.5tn per annum.
Our correspondent learnt that the Revenue Mobilisation, Allocation and Fiscal Commission was already intervening in the clash. To this end, the three government agencies will meet at the RMAFC headquarters in Abuja on Wednesday (today) to iron out their differences.
Also expected at the meeting are representatives of the Office of the Accountant-General of the Federation.
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