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Senate considers bill to unbundle NIPOST

The Senate has commenced moves to unbundle the Nigerian Postal Service with the consideration of a bill to repeal and re-enact the Nigerian Postal Service Act 2004. The bill which scaled second reading on Tuesday was sponsored by Senator Oluremi Tinubu (APC, Lagos Central). Leading the debate on the general principles of the bill, Tinubu said the piece of legislation seeks a reform of the Postal Industry and to make Comprehensive Provisions for the Development and Regulation of Postal Services in Nigeria. According to the lawmaker, the Nigerian Postal Service (NIPOST) which dates as far back as 1852, evolved from an exigency of the colonial administration to a Collection Office of the United Kingdom and eventually, to the NIPOST. She recalled that as at 1st of October, 1960, when Nigeria g...

NIPOST, WAEC collaborate on delivery of examination documents

File Photo The Nigeria Postal Services and the West African Examination Council have declared their readiness to collaborate on the delivery of examination documents across the country. Both agencies made their intentions known when the Head of National Office, WAEC, Patrick Areghan, visited the Postmaster-General of the Federation, NIPOST, Adebayo Adewusi, in Abuja. The General Manager, Corporation Communications, NIPOST, Franklin Alao, said in a statement on Friday that the WAEC official told his host that the purpose of his visit was to collaborate with NIPOST in the area of logistics. Areghan said such logistics would mean using NIPOST locked up vans to deliver WAEC documents, as he also spoke on collaborating with postal agency for the delivery of certificates. This, according to the ...

NIPOST issues new guidelines for courier services

The Nigerian Postal Service (NIPOST) has issued new guidelines for courier and logistics services. In a statement on Tuesday, Frankin Alao, general manager, corporate communications, said Isa Pantami, minister of communications and digital economy, has approved the new guidelines. According to the statement, the new regulation was issued to replace the one which has been in existence since 2001. It added that the development was made in a bid to enhance the operations of courier services while giving special consideration to small & medium enterprises (SMEs). Alao explained that “erstwhile regulations largely focused on the big players in the courier industry”. “Dr. Isa Ali Ibrahim Pantami stated in the letter of approval that the new Regulations will no doubt enhance the regulatory po...

FIRS generates N66 billion from stamp duties

The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May. The FIRS Director, Communications and Liaison Department, Abdullahi Ahmad, made this known in a statement in Abuja on Tuesday. Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja. Mr Nami said the money realised in the first five months of the year from stamp duties represented about 1,000 per cent increase. He stated that the increment was unprecedented when compared to six billion naira collected from January to May 2019. The FIRS boss attributed this increase to the dynamism triggered by Fin...