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Nairaland Forum / Nairaland / General / Business / 50 Naira Stamp Duty For Transactions Above 1000 Naira (55650 Views)
CBN Bars Agents From Using Pos Terminals For Transactions / Stamp Duty Charges Extended To Savings Account / POS Stamp Duty: FG Reviews 50 Naira To Transactions Above 10 Thousand Naira (2) (3) (4)
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50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:11pm On Oct 16, 2019 |
Thank you for contacting FirstContact. We acknowledge the receipt of your mail and apologize for the delayed response. Please be advised that Stamp Duty charges are in line with CBN directives which took effect from September, 2019. Kindly note that each POS/Web transaction of N1000 and above now attracts N50 stamp duty charges. For further enquiries on FirstBank’s products and services, please call/e-mail FirstContact through the details below: 0700 FIRSTCONTACT (0700 34778 2668228) Lalasticlala we have enter gbese! 28 Likes 7 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:12pm On Oct 16, 2019 |
Government now charge people for spending money through POS and they are shouting cashless 426 Likes 25 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 1:13pm On Oct 16, 2019 |
What is wrong with these leaders we have in Nigeria today? They think about tax or steal from the citizens. Another scam is the yearly budget with no project. SMH 273 Likes 7 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sundaygeorge: 1:17pm On Oct 16, 2019 |
M*d people... ![]() 31 Likes 3 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by NwaNimo1(m): 1:21pm On Oct 16, 2019 |
Stamp duty? Anyway Nigerians are docile. ...thats why buhari is in power. Upon dis one dey go add vat, customs duty, fresh air tax, etc 218 Likes 11 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Goldencheese(m): 1:28pm On Oct 16, 2019 |
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed. 175 Likes 7 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:35pm On Oct 16, 2019 |
NwaNimo1: That is what we get because we are too tribalistic and sentimental added to docility 240 Likes 13 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:37pm On Oct 16, 2019 |
Goldencheese: No it is just now, I have been using POS for ages without issue, until last week and I started seeing extra N50 72 Likes 5 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Goldencheese(m): 1:43pm On Oct 16, 2019 |
May be you didn't notice or you get anointing for head that made them overlook you. Every 1,000 and above I send out or that is paid to me, they jejeli remove their N50 stamp duty. I don resign to fate. It is well! Omooba77: 9 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:15pm On Oct 16, 2019 |
Goldencheese: Amen oo, but they just started deducting the N50, because I monitor my account, I will not have called bank if it has been on and I use POS allmost everyday. 15 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:32pm On Oct 16, 2019 |
Sundaygeorge: Nothing to say, I guess we are madder, because we condole them....... 25 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:33pm On Oct 16, 2019 |
kingkakaone: Our leaders are ok, it is we the populace that need a check at ward 9! 32 Likes 2 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by NLSavage: 2:37pm On Oct 16, 2019 |
lalasticlacla |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sundaygeorge: 2:45pm On Oct 16, 2019 |
Nothing to say, I guess we are madder, because we condole them.......[/quote] As if our vote count 4 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 3:15pm On Oct 16, 2019 |
Sundaygeorge: It does if we are resolute; most of us dont want to do anything that will inconvenience us, reason our leaders play us like Wembley ball 16 Likes 2 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by lomprico(m): 3:21pm On Oct 16, 2019 |
the country is broke! Buhari and his cronies have ran our reserves to the ground. now the only way they want to use to raise money is tru tax and double taxation. they have faced the masses to rip off. all their propaganda news of the make billions from one stupid policy or another are all lies. Nigerians living in Nigeria are in deep shít. ness levoooooos! 23 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 3:21pm On Oct 16, 2019 |
They will kill us in this Nigeria one day. 14 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by sammysmiles(m): 3:22pm On Oct 16, 2019 |
For what na ![]() So many unnecessary things under this government,,,,, Both unnecessary rumors and irrelevant news... 2 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by wonuks(m): 3:22pm On Oct 16, 2019 |
Hahaha! Next Level deductions ![]() ![]() Pay after we've designed your website. See my signature or profile for details 13 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by IMASTEX: 3:22pm On Oct 16, 2019 |
Hmm |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by KIDfurniture(m): 3:23pm On Oct 16, 2019 |
We should be taxed for the free air we breathe asap..please tax us for the free air and cut off the air if your mugus dont pay..another way to control our population 6 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Oluwasaeon(m): 3:23pm On Oct 16, 2019 |
Which kine tin be dis 4 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Seun(m): 3:23pm On Oct 16, 2019 |
Sadly, this is a regressive tax. Small transactions are hit harder than large transactions. An anti-poor-people tax. 97 Likes 11 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Samanza89: 3:23pm On Oct 16, 2019 |
There's something I've noticed since this present government resumed their second term in office, they are bent on creating every avenues to milk Nigerians. The way and manner this thing is going one day we'll wake up and pay for breathing. Do we really have sensible and right thinking leaders?... So the #55 I was debited was for this nonsense... 22 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Kendumazy(m): 3:24pm On Oct 16, 2019 |
Tax isn't the problem. The real problem is, would there be anything to show for it? Lol. Now, everybody is a tax payer. When next that police man catch you, tell him it's part of your tax government use in paying his salary. If he ask, you have a company. Tell him No! POS tax. Hahahahshaha! 9 Likes 2 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Pavarottii(m): 3:24pm On Oct 16, 2019 |
Goldencheese:It's just started ... Stop misinforming people ... We never see anything.... As long as people still support d govt ... Ki lo kan mi... Now they av done VAT Toll gate Depositing of cash Telecommunication tax Increase in light by January Now POS and some hidden charges in our account Increase in bag of rice And all this to impoverish the common man... Day never break for those still supporting... Fuel price increase is coming soon by December... They have about 10 more before next level finish... Den buhari third tenure , they will add another 10.. By that time we will revolute by force. And in all of these the recurrent expenditure for the executives has increased .. We never start ... People will apologise to GEJ. Next level things 40 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by A305: 3:24pm On Oct 16, 2019 |
Goldencheese:You are wise. Keep in mind the masses should bare the cost of their ignorance. When a government is ignorant, it's NOT really the government but the people who elected the government that are ignorant. This is why the wisest man that ever lived (Socrates) questioned the people of Athens, Would you rather vote for any one on the ship to sail the ship or allow a trained captain to sail the ship? People of Athens thought he was talking too much and put him to death. Athens never remained the same, Now who is the latest Socrates we have lately? Sowore, And where is he? In detention. see my sigg for that Lexus. 18 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by dallyemmy: 3:25pm On Oct 16, 2019 |
NA TO DEY KIP OUR MONI FOR POCKET BI DAT NOW, MAKE BANK KIP THEIR STAMPS! 20 Likes |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sleevia: 3:25pm On Oct 16, 2019 |
NwaNimo1:bros, na people wey bring the man come I go blame 10 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by david22uu(m): 3:25pm On Oct 16, 2019 |
nawa o... Increase in VAT, communication Tax and now POS Stamp duty... and they tell me this is CHange.... All to feed d government 16 Likes 1 Share |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by gmaribel(m): 3:26pm On Oct 16, 2019 |
Arrrh! arrh!! Iru wahala wo leleyi gannnn! 3 Likes 2 Shares |
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by kokomaster3d: 3:26pm On Oct 16, 2019 |
What is wrong with them abeg 5 Likes |
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