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Home Business News

FG orders NIPOST to stop cash transactions 

Chidinma Nwagbara by Chidinma Nwagbara
November 8, 2019
in Business News
FG directs the suspension of NIMC staff involved in extortion of NIN applicants, SIM. Social media accounts monitoring, FG completes 11 projects to drive Digital Economy, FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos  , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years , Pantami tasks Youth on developing creative and entrepreneurial digital skills

Dr Isa Ali-Pantami

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The Federal Government has instructed the Nigerian Postal Service (NIPOST) to stop cash collection in all its offices located across the country. This instruction was given by Dr Isa Pantami, Minister of Communications and Digital Economy.

Why the order? According to a statement issued by Pantami’s spokesperson, Uwa Suleiman, it was discovered that using cash payment was aiding corrupt practices.

The Minister said the corrupt practices must be stopped in line with the anti-corruption agenda of President Muhammadu Buhari’s administration.

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FG orders NIPOST to stop cash transactions 

“It has come to the attention of the Minister of Communications and Digital Economy, Dr Isa Pantami, that some unscrupulous elements have been taking undue advantage of the cash payment system under the Nigeria Postal Services to engage in corrupt practices.

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 “In line with the anti-corruption agenda of President Muhammadu Buhari, and the mandate of the Federal Ministry of Communications and Digital Economy, the minister hereby directs the Post Master General, to, with immediate effect, suspend all existing cash payment plans within its establishments nationwide,” the statement read.

[READ MORE: FG moves to reduce gender inequality in agriculture]

Suleiman disclosed that the Postmaster-General (PMG), Adebisi Adegbuyi, was directed to ensure that all NIPOST offices migrate immediately to Point of Sales and bank teller transactions. In this light, members of the public and customers of NIPOST have also been urged to insist on using PoS or bank teller transactions when conducting business with NIPOST.

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In addition, Pantami ordered the PMG to immediately implement strategies that would end unnecessary delays in NIPOST’s service to customers. He said that his office would not allow the current trend of delays in postal services.

Meanwhile, last month, Adegbuyi made known that the service was trying its best to get rid of corrupt officers who tampered with people’s packages. This followed the report of a customer who accused a NIPOST official of tampering with a package sent in from America.

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Tags: Isa PantamiNigerian Postal ServiceNipost

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