FG To Reform NIPOST Soon-Pantami

The Minister of Communications and Digital Economy, Dr Isa Pantami, has said that the Federal Government will soon unveil policies aimed at unbundling the Nigerian Postal Services.

He said this on Tuesday in Abuja during the unveiling of NIPOST revenue stamp.

According to the minister, the policies were designed to transform NIPOST’s operations.

He said, “We have many policies of transforming NIPOST in the pipeline and part of it will unbundle NIPOST.

“We also have the NIPOST Act ready for 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.”

Patanmi added that other areas of NIPOST unbundling, which include NIPOST transport and logistics, courier services and microfinance bank, would be done before the end of the year.

The Postmaster-General of NIPOST, Dr Ismail Adewusi, said over the years, Nigeria’s history had been documented through stamps.

Adewusi said, “Through stamps, NIPOST has documented Nigeria’s history, educating and preserving our national heritage among others.

“Stamps have served as objects of visual communication and dependable recorder of events for prosperity.”

He further urged the public to avail themselves of the new revenue stamps for the authentication and validation of documents and denotation of duties or fees.

The PMG said, “We have about 25 million copies of the stamp unveiled today for sale at the rate of N50 each and it is available for sale in all our postal outfits nationwide.”

The NIPOST boss expressed hope that the revenue stamps would be sold out in two weeks.

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