Schedule of stamp duty rates
Rates and parties liable for instruments stamped through this portal, as configured under the Nigeria Tax Act, 2025 (Chapter Five & Ninth Schedule); Nigeria Tax Administration Act, 2025. Instruments must be stamped within 30 days of execution.
Real Property & Land
Conveyances, assignments, leases, mortgages and gifts of land and buildings.
| Instrument | Duty | Party liable | Exemption | Reference |
|---|---|---|---|---|
Conveyance / Deed of Assignment on Sale (Land & Buildings) |
1.5% of consideration | Transferee (Purchaser / Assignee) | Conveyance of real property valued at ₦10,000,000 or less is exempt. | NTA 2025, s.131 & Ninth Schedule |
Deed of Gift / Voluntary Conveyance of Real Property |
1.5% of market value | Transferee (Donee) | Property valued at ₦10,000,000 or less is exempt. | NTA 2025, ss.131 & 142; Ninth Schedule |
Lease / Tenancy Agreement |
≤ 7 yrs: 0.78%; longer: 3% | Lessee / Tenant | Exempt where the annual rent is below ₦1,000,000 or 10 times the annual national minimum wage, whichever is higher. | NTA 2025, Ch. 5 & Ninth Schedule |
Mortgage / Legal Charge / Deed of Legal Mortgage |
0.375% of loan amount | Mortgagee (Lender) | Mortgage of property valued under ₦10,000,000 is exempt. | NTA 2025, Ch. 5 & Ninth Schedule |
Deed of Release / Discharge / Surrender |
₦1,000.00 flat | Beneficiary of the release | — | NTA 2025, Ch. 5 & Ninth Schedule |
Agreements, Deeds & Declarations
Contracts, powers of attorney, affidavits and other deeds.
| Instrument | Duty | Party liable | Exemption | Reference |
|---|---|---|---|---|
Agreement or Contract (not otherwise specified) |
₦1,000.00 flat | Beneficiary of the agreement | — | NTA 2025, Ninth Schedule |
Service / Consultancy / Supply Contract |
₦1,000.00 flat | Beneficiary of the service | — | NTA 2025, Ch. 5 & Ninth Schedule |
Power of Attorney |
₦1,000.00 flat | Donee of the power | — | NTA 2025, Ch. 5 & Ninth Schedule |
Affidavit / Statutory Declaration |
₦1,000.00 flat | Deponent / Declarant | — | NTA 2025, Ch. 5 & Ninth Schedule |
Deed (not otherwise specified) / Deed Poll |
₦1,000.00 flat | Party executing the deed | — | NTA 2025, Ch. 5 & Ninth Schedule |
Partnership Deed / Agreement |
₦1,000.00 flat | Partners (jointly) | — | NTA 2025, Ch. 5 & Ninth Schedule |
Duplicate or Counterpart of a Stamped Instrument |
₦1,000.00 flat | Holder of the duplicate | — | NTA 2025, s.140 |
Loans, Securities & Guarantees
Loan agreements, bonds, guarantees and negotiable instruments.
| Instrument | Duty | Party liable | Exemption | Reference |
|---|---|---|---|---|
Loan Agreement / Bond / Debenture (tenor above 12 months) |
≤ 1 yrs: exempt; longer: 0.125% | Lender | — | NTA 2025, Ch. 5 & Ninth Schedule |
Guarantee / Indemnity |
₦1,000.00 flat | Guarantor | — | NTA 2025, Ch. 5 & Ninth Schedule |
Bill of Exchange / Promissory Note |
₦1,000.00 flat | Payee / Holder | — | NTA 2025, ss.128–129 |
Duplicates and counterparts attract ₦1,000.00 each. Where several instruments are executed for one transaction, only the principal instrument bears ad valorem duty; others attract ₦1,000.00.