Business News
NIPOST ignores Minister’s e-payment order, collects cash on stamps, other services
NIPOST has remained defiant to the order of FG on the immediate termination of cash transactions in post offices across the nation. #NIPOST #E-PAYMENT #PoS
The Nigerian Postal Service (NIPOST) has remained defiant to the directive of the Federal Government through the Minister of Communication and Digital Economy, Isa Pantami, that it should terminate cash transaction with immediate effect in post offices across the nation.
Findings revealed that several post offices had not complied, as they collect cash for sale of stamps and parcel posts.
in its defence, the management of NIPOST argued that cash payments are only allowed for N50 and N100 postage stamps, and parcels charge less than N1000. But some post offices, especially in Abuja, still reportedly collect cash for postal charges above the said amounts.
Bisi Adegbuyi
In a report published by Punch, it was noted that purchase of stamps and parcel posts were still being paid for in cash.
Meanwhile, Nairametrics had published that the management of NIPOST disclosed that the service was trying its best to get rid of corrupt officers, who tampered with people’s packages and committed other forms of atrocities, before the directive that was issued on the 6th of November by Pantami.
The minister stated that dishonest individuals were taking unfair advantage of the cash payment system in NIPOST, hence, he ordered Bisi Adegbuyi, the country’s Post Master-General to ensure that all NIPOST outlets had Point of Sale (PoS) available to facilitate the implementation of the directive.
[READ MORE: Fidelity Bank and NIPOST to extend financial inclusion to rural areas]
Members of the general public and all customers of NIPOST were encouraged to insist on the use of PoS or bank tellers transactions when conducting business with the Nigerian Postal Service.
NIPOST, however, disclosed that it had provided PoS machines to all its office outlets but did not have the authority to force any customer to use the PoS when making payment.
“In as much as we want to comply with the directive, we can’t compel any Nigerian to pay with the PoS,” Director at NIPOST.
Coronavirus
COVID-19: Russia to start mass inoculation of vaccine this month as it insists on its safety
The vaccine is said to be undergoing Phase 3 trials, which is the final stage.
Russia has announced that it was going to start mass vaccination of the world’s first COVID-19 vaccine this month before the completion of clinical testing. This is just as it waved off concerns by the international community and some scientists about the safety of the vaccine.
These views were made known by the Russian Health Minister, Mikhail Murashko, on Wednesday, August 12, 2020, during a press briefing.
The Health Minister in his statement said, ‘’Western colleagues, who can sense the competitive advantage of the Russian drug, are trying to express some opinions that are completely unjustified in our view. This vaccine is a platform that is already well-known and studied,” he said, adding that other countries have developed antidotes under accelerated testing programs.’’
Murashko also said that the authorities plan to start inoculating medical workers and other risk groups within 2 weeks on a voluntary basis while pointing out that the vaccine will be made available to the general public from October.
Nairametrics had reported yesterday that the Russian President, Vladimir Putin, in a televised meeting, announced that Russia has registered the first COVID-19 vaccine in what they see as a propaganda coup amid the global race for the development of a vaccine against the coronavirus disease.
This announcement has raised a lot of international concerns with the German Health Minister, Jens Spahn, saying on Wednesday, that Russia’s COVID-19 vaccine has not been sufficiently tested, adding that the aim was to have a safe product rather than just being first to start vaccinating people.
He said in a radio chat that it’s not about being first but rather about having an effective, tested and safe vaccine.
Experts have expressed their concerns over Russia’s decision to grant approval before the final trials of the vaccine have been completed.
He said that as much as he will be pleased to have a good vaccine for the virus, he pointed out that the Russians are not disclosing much about this vaccine.
This vaccine which is developed by Gamaleya Institute in collaboration with the Defence Ministry and the Russian Direct Investment Fund (RDIF), is said to be undergoing Phase 3 trials, which is the final stage.
However, a World Health Organization (WHO) database still lists the vaccine as still only in Phase 1 trial, which is the earliest stage.
The RDIF said that it can produce over 500 million doses of the new vaccine in a year in 5 countries, just as it disclosed that a minimum of 20 countries are currently interested in having access to these vaccines.
The WHO had earlier revealed that it is currently discussing with Russia and pointed out that in granting prequalification of the vaccine, a detailed review of data from clinical trials will be required.
Economy & Politics
FG completes 11 projects to drive Digital Economy
The government has been pushing the Digital Economy in a bid to diversify economic productivity.
The Federal Ministry of Communications and Digital Economy announced that it has completed 11 projects to drive its Digital Economy programme.
This was announced by the Minister of Communications and Digital Economy, Dr. Isa Pantami, during the phase 2 commissioning of Nigeria’s Digital Economy drive.
The Nigerian Government has been pushing the Digital Economy in a bid to create growth and diversify economic productivity in the nation, starting with the Digital Economy drive which was added to the portfolio of the Ministry of Communications.
Nairametrics reported last month that the Nigerian Communications Commission (NCC) also approved the creation of a Digital Economy Department, which will be responsible for promoting the digital economic agenda of the federal government. The department will renew the commission’s strategy for delivering its programmes and policies, and give the necessary push to promote the national digital economy.
The projects were launched with the supervision of the Ministry of Communications and Digital Economy and would be operated by the Nigerian Communications Commission (NCC), National Information Technology Development Agency, (NITDA) Nigerian Postal Services (NIPOST ) and The Universal Service Provision Fund (USPF) and would be located nationwide.
The 11 projects are:
- Emergency Communications Centre (ECC) llorin, Kwara State.
- Emergency Communications Centre (ECC) Calabar, Cross River State.
- School Knowledge Centre (SKC), Gombe State.
- Information Technology Innovation Centre, Kogi State.
- Tertiary Institution Knowledge Centre (TIKC), Delta State.
- New Neighborhood Post Office, Delta State.
- Remodelled National Mail Exchange Centre, Bayelsa State.
- e-Health/Data Sharing Centre, Bauchi State.
- Virtual Examination Centre, Borno State.
- Information Technology Capacity Building Centre, Jigawa State.
- Information Technology Capacity Building Centre, Imo State.
Economy & Politics
Over 5 million Nigerians apply for N-Power Batch C
The Minister assured Nigerians that transparency would be applied during the selection process.
Nigeria’s Ministry of Humanitarian Affairs Disaster Management and Social Development said a total of 5,042,001 Nigerians applied for the Batch C of N-Power. Applications commenced on the 26th of June and closed on the 9th of August.
This was announced by Halima Oyelade, a Special Assitant on Strategic Communication, in a statement released Tuesday night. The Ministry said that the application date was meant to close on the 26th of July, but was extended by two weeks to enable those who were unable to apply to do so.
The Backstory: Nairametrics reported in June that the Federal Government announced the reopening of the application portal of the social investment scheme for fresh registration of the June 2020 Batch C intakes.
We also reported that as at last month, the Federal Government said that it had received 4.48 million applications from beneficiaries for the Batch C of the programme within the first 2 weeks.
The Minister, Sadiya Umar Farouq, assured Nigerians in the statement that transparency and due diligence would be applied during the selection process to ensure that the qualified applicants are selected.
“The Honorable Minister further added that the N-Power program is aimed to provide the Nigerian youths with opportunities to gain skills for employability and entrepreneurship which will also go along way in assisting the country towards the post-Covid 19 economic recovery,” she said.
She added that the Ministry would comply with the administration’s promise of lifting 100 million Nigerians out of poverty in ten years and the N-Power scheme would be one of the means to do so as women and persons with disabilities would be prioritized in the selection.
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