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Nigerians Make A Public Outcry On NIPOST’s New Policy on Twitter

The new policy made by the Nigerian Postal Service has caused an uproar on Twitter as Nigerians are expressing their opinions on the unreasonableness of the policy as it would hamper the growth of small and medium businesses in Nigeria.

According to Donjazzy, a popular musician, the new policy was not well thought out as it would aggravate the struggles of many young Nigerians. See his tweet below:

Dr. Dipo Awojide, on Twitter called the attention of the Honourable Speaker of the House of Representatives, Femi Gbajabiamila and asked him to stop the implementation of the NIPOST’s policy. See his tweet below:

A Twitter user, Oloye accused NIPOST of monopolozing the courier and logistics business and deciding to tax the competition out of the market. See his tweet below:

The Nigerian Postal Service has issued a new policy which introduces exorbitant costs of licence for logistics and courier services. The policy maintains that companies which provide international courier services will pay the sum of N20M for a new licence and N8M annually for renewal while companies which provide national courier services will pay the sum of N10M for a new licence and N4M yearly for renewal.

Furthermore, courier and logistics companies which operate within a region will pay the sum of N5M for a new licence and N2M annually for renewal while companies that operate within a state will pay the sum of N2M for a new licence and the sum of N800,000 annually for renewal.

Courier companies that operate within municipalities are not spared as they will also pay the sum of N1M for a new licence and the sum of N400,000 annually for renewal. For special SMES who have less than five delivery vehicles, they would also pay the sum of N250,000 for a new licence and the sum of N100,000 annually for renewal.

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