The Postmaster Common of the Nigeria Postal Service (NIPOST), Ms. Tola Odeyemi, has mentioned that the service applied a number of reforms that led to a 275% improve in income in 2024.
Odeyemi mentioned this whereas highlighting NIPOST’s achievements for the 12 months, noting that the income improve was a significant achievement for the Service.
She mentioned NIPOST was in a position to enhance its income technology by blocking loopholes and bettering its service high quality, which led to a rise in patronage of its providers.
“One of many main achievements for us in 2024 has been a 275% improve in income from 2023.
“We achieved this by plugging a whole lot of the income leakages that we now have by deploying PoS Terminal for cost in our excessive transaction areas, in addition to guaranteeing that our high quality of service goes up,” she mentioned.
N10 billion income goal
Earlier within the 12 months, Odeyemi had declared that NIPOST’s goal for 2024 was to generate N10 billion in income.
Whereas the Publish Grasp Common didn’t state the precise determine of the generated income on the finish of the 12 months, the 275% improve may imply vital development for the Service, which had seen constant decline prior to now years.
The newest publicly obtainable information on NIPOST income was for 2022. In response to the information launched by the Nationwide Bureau of Statistics (NBS), NIPOST’s income declined by 17% from N3.6 billion in 2021 to N3 billion in 2022.
Plans for 2025
To maintain its income development, Odeyemi mentioned NIPOST had began by renovating and upgrading a few of its places in Abuja, Lagos, and Kaduna by upgrading its Postal Institute, which is essential to the change administration that we need to see in NIPOS over the approaching years.
“So what are a few of the issues that try to be anticipating from the Nigerian Postal Service in 2025?
“We will likely be rolling out our nationwide addressing system and digital postcode., specialised logistics, akin to agri-logistics and healthcare logistics, and a relaunch of our monetary providers.
“There will likely be infrastructure upgrades, which is able to happen throughout the Federation and there will likely be a rise in entry to authorities providers by your native NIPOS location,” she mentioned.
What you need to know
NIPOST is among the businesses below the Ministry of Communications, Innovation and Digital Economic system.
Apparently dissatisfied with the present state of Service and its laxity in taking part in anticipated roles within the digital financial system house, the Communications Minister, Dr. Bosun Tijani, on assumption of workplace in 2023, requested Nigerians to counsel how the corporate may be repositioned.
- In response to a few of the strategies, a super NIPOST could be one which operates just like the Nigeria Inter-Bank Settlement System (NIBSS) within the logistics trade, serving because the open spine infrastructure for licensed courier corporations to energy logistics for commerce and commerce throughout the nation.
- It was additionally steered that NIPOST would want to actively help and combine with e-commerce platforms to boost on-line procuring experiences.
- This entails environment friendly last-mile supply, returns administration, and safe cost gateways.
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