A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc NECA demands reversal of CBN's directive on N50 stamp duty | | NIGERIA Employers Consultative Association, NECA, has expressed serious concern over the recent directive of the Central Bank of Nigeria, CBN, to all Deposit Money Banks, DMB, to commence charging N50 per eligible transaction in accordance with the provisions of the Stamp Duties Act and Federal Government Financial Regulations (2009). The umbrella body for employers in the country in a statement while calling for immediate reversal of the directive, warned that if allowed to stay would not only worsen the poverty level in the country, it would also, increase the burden on firms in the country. The post NECA demands reversal of CBN's directive on N50 stamp duty appeared first on Vanguard News. |
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