Browsing: cbm

The Stamps Duties Act lists all the documents and transactions upon which stamp duties are to be paid. The CBN or the Federal Inland Revenue Services or NIPOST or the Minister of Finance cannot amend, alter, add to or change the Stamp Duties Act and any of its schedules [and lists] by way of directive, circular or any other action, neither can they introduce and impose a new tax or vary/alter a statutorily stipulated rate of taxation

He is seeking a declaration that the FRCN constituting itself into an investigating body in a manner contained in some newspaper publications of March 24 is ultra vires in its powers