Halt Implementation Of New Charges – Minister To NIPOST

Isa Pantami, who is the Minister of Communications and Digital Economy, has ordered the Nigerian Postal Service (NIPOST) to halt the planned implementation of new charges for courier services.

The new NIPOST charges are expected to increase the cost of courier and goods delivery.

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This had sparked outrage from Nigerians online with many noting the current economic situation in the country.

Pantami in a tweet said the planned increase should be put on hold.

He wrote: “Please NIPOST, our attention has been drawn to an increase of licence fee, which was not part of the regulation I earlier approved for you. Your chairman and PMG (Postmaster-General) were yesterday contacted to put the implementation on hold and send a report to our ministry by Monday. Best wishes!”

According to the planned increase, “for firms that operate within states, the cost of procuring a licence is N2m while the renewal costs N800, 000.

“Courier firms that operate within municipalities are to pay N1m for licence and N400,000 annually.

“For Small and Medium Enterprises, the licence is N250,000 while the annual renewal of the licence is N100,000.

“The SME category is for small courier firms which have not more than five delivery vehicles”