Central Bank of Nigeria (CBN) and the Nigerian Postal Service (NIPOST) have struck a deal on cash transactions in all post offices nationwide. According to the Nipost Area Postal Manager (APM) for Jigawa State Territory Mr. Paschal Ijara, said in Dutse, the capital under the programme civil servants can collect their salaries in any post office close to them.
“without travelling a distance for cash deposit and collections especially in a state that banks are not every where as like post offices”. “The interested individuals must be guaranteed by government before he/she invests in the business”
As you would come to expect with such announcements details are lacking and so one really doesn’t know how this will pan out. Nevertheless it is a good development provided security and fraud cases are very well minimised. You don’t want your salary getting lost in the mail do you?
Did You Know? The Nigerian Postal Service handled a total of 45,376,345 mails in 2012