Business
NIPOST matter will be resolved in good time – Presidency
The Presidency on Saturday assured Nigerians that the increment in courier and license fees by Nigerian Postal Service, NIPOST, will be resolved in good time.
The Office of the Vice President in reaction to outrage by Nigerians assured citizens that the Minister of Communication and Digital Strategy was already investigating the new fees.
We have just become aware of the recent increase in courier and logistics license fees by NIPOST, and the concerns generated,” Laolu Akande, the Senior Special Assistant, Media and Publicity to Vice President Yemi Osinbajo said in a tweet.
He added that, “The Minister for Communications and Digital Economy is already taking active steps: those fees would be reviewed and this matter will be resolved in good time.”
Nigerians had called on Prof. Osinbajo, who champions the Ease of Doing Business reforms to intervene shortly after NIPOST published the new courier and license fees.
According to NIPOST, companies that provide international courier services like DHL, UPS and FEDEX, are expected to pay N20 million for a new licence and 40 percent of the initial fee, which is N8 million annually.
Companies that operate national and regional courier and logistics are expected to pay N10 and N5 million respectively as license fees and N4 million and N2 million as annual renewal fees.
For companies that operate state and municipal courier and logistics will pay N2 million and N1 million yearly as license and N800,000 and N400,000 as renewal fees.
