•Report by Kamil Opeyemi
Barely after two months full of hot argument between the Presidency and Hon. Kazaure of Jigawa State over the stamp duty generated revenue,CBN governor, Mr Godwin Emefiele,has finally cleared air on the matter.
According to Emefiele,the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion and not #89trn as alleged by Kazaure
Recall that,a House of Representatives member, Alhaji Muhammed Kazaure, representing Kazaure, Roni, Gwiwa, Yankwashi of Jigawa raised the alarm in 2022 of alleged theft of stamp duty proceeds running into N89 trillion.
Reacting on Tuesday in Abuja, after the Monetary Policy Committee meeting, Emefiele stressed that N370,686 billion was generated adding that no one was withholding any N89 trillion.
“Total assets of all banks is N71 trillion; total deposit in banks is N44 trillion.
“From 2016 till date, stamp duty collection has amounted to N370,686 billion.
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“The Federal Inland Revenue Service has disbursed N226.451 billion of the money to the Federation Account Allocation Committee, while the balance of N144,235 is in the CBN.
“The highest collection of the stamp is N71 billion, collected by First Bank,“Emefiele declared
He added that the CBN had appointed four world class audit firms to go into the books of banks to verify if there was any unremitted stamp duty.
“If there is any uncollected stamp duty, the banks will pay to the last kobo,”he assured.