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Senate launches probe into stamp duty revenue amid transparency push
By Hassan Taiye
The Senate Public Accounts Committee chaired by Senator Ahmed Aliyu Wadada, has launched a thorough investigation into the generation and utilization of stamp duty revenue in Nigeria.
This move is part of the Senate’s ongoing efforts to promote transparency, plug revenue leaks, and ensure the effective use of funds for public welfare.
The committee’s inquiry will focus specifically on the stamp duty revenue generated from agreements between the government, individuals, and businesses. Senator Wadada, while briefing the media, emphasized that the investigation aims to ensure that revenue is utilized effectively to meet the needs of Nigerians.
“We are determined to ensure that the resources generated through stamp duties are being used transparently and for the benefit of the people,” said Senator Wadada. “The goal is to identify any areas where revenue is being lost and ensure that the funds are being channeled into providing public services and infrastructure.”
As part of the investigation, the committee has written formal requests to several key institutions, including commercial banks, the Federal Inland Revenue Service (FIRS), and the Nigerian Governors’ Forum. The committee has asked these parties to provide detailed information about the total revenue collected from stamp duties, with particular attention to transactions involving governmental and corporate agreements.
The committee’s probe is seen as a critical step in the Senate’s broader strategy to address financial accountability and maximize revenue generation in Nigeria. According to the committee, stamp duties are a significant but often underutilized source of revenue.
“The utilization of stamp duty revenue has not been effectively monitored in the past, and we are determined to change that,” Senator Wadada added. “This investigation will give us a clear picture of the revenue generated, and help ensure that it is being properly accounted for.”
The committee has set a deadline for the submission of requested information: November 25th. The information gathered will be crucial for future policy decisions aimed at strengthening Nigeria’s financial systems and ensuring that public funds are used in a manner that directly benefits the citizens.
The Senate’s investigation comes at a time when the Nigerian government is under increasing pressure to boost revenue generation, improve public sector transparency, and reduce the financial leaks that have plagued government operations in recent years.
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National Trail Mourns Pioneer Editor, Abdulazeez Suleiman
Inna Lillahi wa Inna Ilaihir-Raji’un.
The Chairman and Editor-in-Chief of , Hon. Inuwa Bwala, on behalf of the management and staff, has expressed deep sorrow over the death of veteran journalist and pioneer editor of the newspaper, Abdulazeez Suleiman.
Bwala also extended condolences to Suleiman’s family, associates and the Nigerian media industry, describing his passing as a monumental loss at a time his experience, courage and service to the nation were still greatly needed.
Suleiman reportedly died shortly before a scheduled surgery.
A pioneer editor of National Trail Newspaper, Abdulazeez Suleiman was regarded as a thoroughbred journalist with a remarkable talent for breaking exclusive stories and shaping public discourse through responsible journalism.
Throughout his distinguished career, he worked with notable media organisations, including National Trail Newspaper, Daily Trust, Summit and The Road. He earned widespread admiration for fearless reporting, ethical conduct and unwavering commitment to professionalism.
His writings and public interventions consistently reflected deep concern for justice, peace, accountability and national unity.
Beyond journalism, Suleiman was widely respected as a bridge-builder who strongly believed in dialogue, mutual understanding and peaceful coexistence among Nigeria’s diverse peoples. He remained steadfast in his conviction that truth and justice are essential pillars for national progress.
Though his voice has now gone silent, the values and ideals he stood for will continue to inspire generations. His legacy as a principled journalist, advocate and patriot will endure in the hearts of many whose lives he touched through his work and humanity.
The management and staff of National Trail Newspaper prayed Almighty Allah to forgive his shortcomings, grant him Aljannatul Firdaus and comfort his family, friends, colleagues and members of the in this moment of grief.
Rest in peace, Abdulazeez Suleiman. Your service and legacy will not be forgotten.
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JUST IN: After Primary Election Victory, Shehu Sani Visits Parents’ Graves to Offer Prayers and Express Gratitude to God
Following his victory in the party primary election, Senator Shehu Sani visited the graves of his parents to pray and give thanks to Almighty God.
The former senator described the visit as very important to him, noting that his parents played a significant role in his upbringing and in shaping his political life.
Shehu Sani prayed for Allah to forgive his parents and all deceased Muslims, while also reaffirming his commitment to continue serving the people with honesty and integrity after securing victory in the primaries.
The gesture has attracted attention from his supporters and social media users, many of whom praised his act of remembering his parents after a political success.
Uncategorized
National Trail Mourns Pioneer Editor, Abdulazeez Suleiman
Inna Lillahi wa Inna Ilaihir-Raji’un.
The Chairman and Editor-in-Chief of , Hon. Inuwa Bwala, on behalf of the management and staff, has expressed deep sorrow over the death of veteran journalist and pioneer editor of the newspaper, Abdulazeez Suleiman.
Bwala also extended condolences to Suleiman’s family, associates and the Nigerian media industry, describing his passing as a monumental loss at a time his experience, courage and service to the nation were still greatly needed.
Suleiman reportedly died shortly before a scheduled surgery.
A pioneer editor of National Trail Newspaper, Abdulazeez Suleiman was regarded as a thoroughbred journalist with a remarkable talent for breaking exclusive stories and shaping public discourse through responsible journalism.
Throughout his distinguished career, he worked with notable media organisations, including National Trail Newspaper, Daily Trust, Summit and The Road. He earned widespread admiration for fearless reporting, ethical conduct and unwavering commitment to professionalism.
His writings and public interventions consistently reflected deep concern for justice, peace, accountability and national unity.
Beyond journalism, Suleiman was widely respected as a bridge-builder who strongly believed in dialogue, mutual understanding and peaceful coexistence among Nigeria’s diverse peoples. He remained steadfast in his conviction that truth and justice are essential pillars for national progress.
Though his voice has now gone silent, the values and ideals he stood for will continue to inspire generations. His legacy as a principled journalist, advocate and patriot will endure in the hearts of many whose lives he touched through his work and humanity.
The management and staff of National Trail Newspaper prayed Almighty Allah to forgive his shortcomings, grant him Aljannatul Firdaus and comfort his family, friends, colleagues and members of the in this moment of grief.
Rest in peace, Abdulazeez Suleiman. Your service and legacy will not be forgotten.
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