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Monday, March 20, 2023

FG Sets Policies To Unbundle NIPOST

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The Federal Government has revealed its policies to unbundle the Nigerian Postal Services (NIPOST), aiming at making it more effective for service delivery.

The Minister of Communications and Digital Economy, Dr Isa Pantami disclosed this during the unveiling ceremony of NIPOST revenue stamp in Abuja.

According to the Minister, the unbundling would transform its operations and make it innovative.

He also disclosed that the NIPOST unbundling would see the restructuring of its NIPOST transport and logistics, courier services and microfinance bank.

Said he; “we have so many policies of transforming NIPOST in the pipeline and part of it will unbundle NIPOST. We also have the ACT of NIPOST going into amendment.

“We have a plan with a property and development company, the company will bring together all the properties of NIPOST, develop them and make sure that the government generates revenue from them.

“All generated revenue will go into developing sectors like health, education, agriculture, security and other social developments,’’ he said.

While speaking, Pantami said with the unbundle, NIPOST would become a world-class.

He praised stakeholders for their unrelenting efforts in remodelling and recording modest achievements recently.

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