The Federal Government is about to launch a set of policies to unbundle the Nigerian Postal Services (NIPOST).
This was disclosed by the Minister of Communications and Digital Economy, Dr Isa Pantami on Tuesday, at the unveiling ceremony of NIPOST revenue stamp in Abuja, stating that the unbundling would transform its operations and make it innovative.
What the Minister said
“We have so many policies of transforming NIPOST in the pipeline and part of it will unbundle NIPOST. We also have the ACT of NIPOST going into amendment.
“We have a plan with a property and development company, the company will bring together all the properties of NIPOST, develop them and make sure that the government generates revenue from them.
Nairametrics reported in June that the Senate passed the Nigerian Postal Service (NIPOST) repeal and re-enactment bill, 2021, which restricts the agency to only postal operations in the country.
The bill, which was passed also seeks to unbundle NIPOST for efficient service delivery by creating a commission to regulate its affairs. It was passed by the Senate following the consideration of the report of the Committee on Communications, which is Chaired by Senator Oluremi Tinubu.