Nigeria Stamp Duty Calculator (Tenancy/Lease Agreements)
Enter the annual rent and lease term to estimate stamp duty due on the agreement.
Nigeria Stamp Duty Calculator (Tenancy/Lease Agreements)
Estimate stamp duty payable on a Nigerian tenancy or lease agreement.
This is an estimate for general informational purposes only, not legal advice. Stamp duty rates and administration can vary by state; verify the current rate and payment process with the Federal Inland Revenue Service or your State Internal Revenue Service before executing an agreement.
Nigeria charges stamp duty on tenancy and lease agreements at a rate that increases with the lease term: a lower rate for short leases (under 3 years), a mid-tier rate for medium-term leases (3 to 21 years), and the highest rate for long leases (over 21 years).
Example
- With the default values shown above, this calculator returns: Stamp Duty Due ≈ NGN 9,360.00.
Frequently Asked Questions
Why does the rate depend on the lease length?
Nigerian stamp duty treats longer leases as conveying a greater interest in the property, so the applicable percentage rate rises in tiers as the lease term increases.
Who is responsible for paying stamp duty?
By convention the tenant typically bears the stamp duty cost, though this can be negotiated between landlord and tenant in the tenancy agreement itself.