NIPOST To Introduce Banking Services To Rural Areas


Nigeria’s Minister of Communications, Adebayo Shittu, has announced that the Nigerian Postal Services, NIPOST, will soon introduce banking services to rural areas, which would avail rural dwellers the opportunity to carry out banking transactions.

This is part of the Ministry of Communication’s effort to re-position NIPOST to make it vibrant and to diversify its services. Also, the ministry has identified some major areas that could be included in the mandate of the service.

Adebayo Shittu, while speaking to the News Agency of Nigeria (NAN) on Sunday in Abuja, listed some of these services to include internet services in all NIPOST locations, introduction of rural banking, property development and e-commerce.

According to the Minister, since the commencement of GSM operations in the country, the postal agency had witnessed a drop in sales particularly for postage stamp and other services.

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The ministry is also looking at the possibility of using NIPOST to facilitate e-commerce, and consolidating its capacity to engage in property development, bearing in mind that in most communities NIPOST usually has more land than needed.

Shittu said they are seeking private-partnership arrangement with private sector developers to construct and rent out office blocks, malls and even high class residential houses as means to generate revenue.

On the appointment of a new NIPOST Boss, Shittu said the ministry had gone through the processes of interview test and finalized arrangements to appoint a new Post-Master General, who is expected to kick start these reforms in the postal agency, hence, a new post-master General is soon to emerge.

Recall that the former acting NIPOST Postmaster-General, Mr. Adeyeye Ogun, who was last month sacked by the Minister of Communications has described his sacking as executive victimization, and denied appointing stamp duty agents, as the reason for his sack.

Read More Here: Post Master General Sacked Over Stamp Duty Contoversy