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The Nigerian Postal Service (NIPOST) has revoked the licences of 30-courier companies in the country. The minister of communication and digital economy, Isa Pantami, in a tweet Saturday morning, insisted that the increase was not part of the regulation he approved for the agency on Friday, July 24. Following the public outrage over the proposed increment of license fee for courier services by the Nigerian Postal Service (NIPOST), the federal government has rejected the increase. Femi Giwa-Amu mourns dead daughter Renua, Why we didn't confirm some of Buhari's appointees: Saraki opens up. Courier companies are required by law, to register and obtain a license from the Courier Regulatory Department of NIPOST, the body in charge of registering and licensing courier/logistics/delivery companies in Nigeria. NIPOST announced an increase in courier license services fees and Nigerians have been abusing the agency and complaining about it. The Nigerian Postal Service (NIPOST) recently announced new fees for courier and logistic business operators in Nigeria, provoking anger amongst Nigerians on social media. Any change of fee must be specific and be approved by him before implementation. The increase has come under serious criticism from the public. Pantani had explained that the increase was not part of the regulation he approved for the agency on Friday, July 24. The Federal Government has rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST. If they grow, they will employ people and contribute in various ways to the country’s economic development. The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. Obtain license to operate from Courier Regulatory Department of NIPOST. The Minister for Communications & Digital Economy is already taking active steps: those fees would be reviewed and this matter "ll be resolved in good time. This is one out of the various reports of how the NIPOST has shut down other courier companies illegally operating, i.e. The Vice President also disclosed that the Minister for Communications and Digital Economy, Isa Pantami was already taking steps to address the issue. Pantami added that the power of regulation of NIPOST  lied with the minister and that any change must be approved by the minister. NIPOST had come up with outrageous new increase in obtaining licence for courier services and renewal. I will pursue my women accusers to hell!- Soyinka, Video: TB Joshua visits 142-year-old woman, gives her N300,000, Biden taps another Nigerian-American Osaremen Okolo as advisor, #EndSARS lawyer Odele in fresh clearance ordeal at airport, mulls exile, 11 dead as Nigeria’s COVID-19 cases jump above 1,000 in single day, Crocodile tears? But Minister of Minister of Communications and Digital Economy, Ali Isa Patami on Saturday suspended the new increase, saying that NIPOST did not have the power to unilaterally increase licence fees without the approval of the minister. 9. NIPOST Engages Courier Stakeholders ... Nipost Corporate Headquarters Abubakar Musa Argungu House Plot 1279 Muhammadu Buhari Way PMB 12537, Garki 900001 Abuja, Nigeria. Recall the recent NIPOST regulation of courier services which is enforcing all logistics service to get their licensing ranging from 250,000 to over a million Naira, the Honorable Minister of Communication and Digital Economy of Nigeria, Isa Ali Pantami, PhD, last week placed a hold on the exercise and has asked for a report to be sent to the ministry. We have just become aware of the recent increase in courier & logistics license fees by NIPOST, & the concerns generated. NIPOST increased the new license fees for Municipal operators to N1 million, and annual renewals fees to 40% of new license fees at N400,000.00 a year. This has sparked outrage from a large section of Nigerians mainly online. Pick Up Services: The Pick-up Service is one that allows a customer to call either by phone or any other means at any designated post office to have his/her mail collected and delivered to a … Saturday, July 25, 2020 3:11 pm | Business | 1 Comment(s). The following information and/or evidence are required to be forwarded along with an application for a grant of license: Certified True Copy of the Company’s certificate of incorporation; Post was not sent - check your email addresses! Learn how your comment data is processed. This site uses Akismet to reduce spam. Here are a few of the rants by Nigerians on Twitter : Fitxpressng @Fitxpressng “At first lagos State stop bikes for security reasons! “The power of regulation of NIPOST lies with the Minister. The Vice President, Yemi Osinbajo on Saturday reacted to concerns raised by Nigerians over the increment of courier and logistics license fees by the Nigerian Postal Services, NIPOST. The Minister for Communications and Digital Economy is already taking active steps: those fees would be reviewed and this matter “ll be resolved in good time.”. Fees, levies, taxes for doing business in the country should be drastically reduced so as to allow businesses to grow. The minister of communication and digital economy, Isa Pantami, in a tweet Saturday morning, insisted that the increase was not part of the regulation he approved for the agency on Friday, July 24. CUSTOMER SERVICE. According to NIPOST, companies which provide international courier services like DHL, UPS and FEDEX, are expected to pay N20m for a new licence and N8m annually while those who offer national services are expected to pay N10m for licence and N4m yearly for renewal. Recall that Pantami had rejected the increment of license fee proposed by NIPOST. FG orders NIPOST to suspend new license fee for courier services. Besides, this will further encourage other local and foreign investors to come on board. The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. On Friday, the Nigerian Postal Service (NIPOST) unveiled new fees for Courier and Delivery Service providers and this has been greeted with lamentations and anger on social media with the hashtag #SayNoToNipostFee. Confirming this report, the General Manager, Courier Regulatory Department (CRD), an arm of NIPOST, Dr. Andrew Ebiloma, said, “That is very correct. Nigeria Postal Service (Nipost) has released its updated rules to guide companies and individuals seeking to register courier firms in the country. Worship centres should be protected – Islamic group celebrates Osinbajo, CAN on Christmas, 2021: Prophet Elijah reveals what God told him about Osinbajo, Igbo presidency, Alex Iwobi, Messi, Ronaldo, others, Presidency reacts to calls for Buhari’s resignation, PDP mockery of Osinbajo, Pantami had rejected the increment of license fee, FG issues fresh warning to NIPOST over license fee, NIPOST: I will lead protest against new regulation - Akin Alabi, NCC, USPF, others advance FG’s digital economy agenda, Stamp Duty war: NIPOST was secretly substituted at National Assembly - Pantami explodes, Nigeria to replace National Identity Card with Digital Numbers. The Vice President, Yemi Osinbajo on Saturday reacted to concerns raised by Nigerians over the increment of courier and logistics license fees by the Nigerian Postal Services, NIPOST. According to the new charges by NIPOST, companies that provide international courier services are expected to pay N20 million for a new license and N8 million for renewal of services annually. The Senior Assistant Postmaster General and Head of Courier Regulatory Department, NIPOST, Ishaya Diwa, said the clampdown was a renewed drive to rid the nation’s courier industry of …

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