Federal Government of Nigeria will soon unveil policies to unbundle the Nigerian Postal Service (NIPOST), Minister of Communications and Digital Economy, Isa Pantami has disclosed.
Gatekeepers News reports that the Senate had in June 2021, passed the NIPOST repeal and re-enactment bill 2021, which restricted the agency to only postal operations in the country.
On Tuesday, Pantami during the unveiling ceremony of NIPOST’s N50 revenue stamp, said the policies would transform NIPOST’s operations and make it innovative would soon be unveiled.
“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.”
Gatekeepers News reports that the Minister added that the NIPOST unbundling would see the restructuring of its NIPOST transport and logistics, courier services and microfinance bank.
Pantami who was hopeful of NIPOST becoming a world-class outfit praised stakeholders for their unrelenting efforts in remodelling and recording modest achievements recently.
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