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Federal Government Unveils N50 Denomination Revenue Stamp

Dr Isa Pantami, Minister of Communications and Digital Economy, said on Tuesday that plans had reached advanced stage to unbundle the Nigerian Postal Service (NIPOST).

Pantami stated this in Abuja at the unveiling and launching of N50 Denomination Revenue Stamp.

“Soon we will be unbundling other parts of NIPOST such as Property and Development Company, Transportation and Logistics Company, NIPOST Microfinance Bank, among others.

“We will achieve this by leveraging on all our infrastructures around the country,” Pantami said.

The Minister noted that so many positive transformations were taking place in the Nigerian Postal Service (NIPOST).

Earlier in his welcome remarks, Dr Ismail Adewusi, Post Master General (PMG) of Nigerian Postal Services (NIPOST) reiterated that the postal socio-economic sector is undergoing rapid changes and development in its operations. Information Communication Technology has affected the postal sector in a number of ways and the resultant challenges have basically changed the way we operate.

“This disruptive technology, however, has intensified our processes of diversifying our products and services, to meeting the aspirations of our teeming customers and playing active role in the digital economy of the country, Adewusi said.

In her own remarks, the Chairman, NIPOST Governing Board, Barr Maimuna Yaya Abubakar said that the official unveiling of NIPOST Revenue Stamp represents a quantum leap in the re-engineering efforts of the NIPOST aimed not only at repositioning the Agency for optimal performance and customer satisfaction but stimulating it to strategically punch above its weight category in effectively contributing to the socio-economic development of our dear Nation.

She assured the Management that it has the back of the Governing Board, as they will continue to work assiduously in developing and deploying innovative tools in order to stay ahead of the curve; and keep on pushing boundaries and breaking new grounds until NIPOST becomes a world class organization.

Goodwill messages came from the Director General of NITDA, Managing Director of NigComSat, Managing Director of Galaxy Backbone, Director General of NIMC and Executive Vice Chairman of NCC.

The Chairman House Committee on Communication, Prince Akeem Adeniyi Adeyemi the Nigerian Postal Service (NIPOST) repeal and re-enactment bill, 2021, has passed the third reading.

“The bill seeks to unbundle NIPOST for efficient service delivery by creating a commission to regulate its affairs, Prince Akeem Adeyemi said.

Dignitaries at the event include the representatives of the Services Chiefs including Nigerian Immigration, Federal Road Safety Corps etc.

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