FG to unveil NIPOST unbundling policies

The Minister of Communications and Digital Economy, Dr. Isa Pantami, has said the Federal Government would soon unveil policies to unbundle the Nigerian Postal Services, (NIPOST).

He stated this on Tuesday, in Abuja, at the unveiling ceremony of the NIPOST revenue stamp.

At the event, Pantami described NIPOST as one of the most important institutions of government, adding that policies that would transform its 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. Also, we have the Act of NIPOST going into an amendment.

He disclosed that other aspects of NIPOST’s unbundling to take place before the end of the year include NIPOST transport and logistics, courier services and microfinance bank.

Thereafter, Pantami praised stakeholders for their unrelenting efforts in remodelling and recording modest achievements recently.

The Postmaster-General, (PMG), of NIPOST, Dr. Isma’il Adewusi, earlier stated that over the years, Nigeria’s history had been documented through stamps.

Going down memory lane, the PMG said revenue stamps were first issued when the Niger coast and southern Nigerian protectorates merged into the colony and protectorate of Nigeria in 1938.

According to him, after the time of the merger, series of rare revenue stamps were produced.

However, he urged the public to avail themselves of the new revenue stamps for the authentication and validation of documents and denotation of duties or fees.

“ We have about 25 million copies of the stamp unveiled today for sale at the rate of N50 each and it is available for sale in all our postal outfits nationwide. We are hopeful it will be sold out in the next two weeks and then we commence reproduction,’’ he said.

In her remarks, the chairman, NIPOST Governing Board, Maimuna Abubakar, said the unveiling of stamps marked a milestone in the effort towards institutionalising a culture of excellence in NIPOST public service delivery.

According to her, NIPOST is back to its legal position of administration of stamps and effectively contributing to the socio-economic development of Nigeria.

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