FG Will Not Handover NIPOST to Foreign Managers – Minister

Fri, Mar 4, 2016
By publisher
2 MIN READ

Business Briefs

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THE federal government has debunked reports making rounds that that the ministry of communication is planning to handover the management of Nigeria Postal Service, NIPOST, to foreign managers. Adebayo Shittu, minister of communications, in a statement issued by Victim Oluwadamilare, his special assistant on media, said the federal government will look inward among NIPOST staff to manage the affairs of the parastatal, which is one of the five parastatals under the supervision of the ministry of communications.

“Our attention has been drawn to various insinuations making the rounds on the social media and a section of the Nigerian press to the effect that the Ministry of Communications was said to have concluded plans to hand over NIPOST to foreigners to manage. Ordinarily, we would have ignored the innuendoes, as there is no iota of truth in the said story, except for the likelihood of Nigerians being misled on our genuine intentions to reposition and revitalise NIPOST,” Adebayo said.

According to him, the government of the day has no plan whatsoever to either privatise NIPOST or hand it over to foreigners to manage. “Our vision of the new NIPOST is a total transformation from being a mono-product service organisation to a one-stop multi-product service provider with the ultimate aim of making it a cash-spinning establishment that can make meaningful contribution to the country’s revenue base.”

Such transformation, the minister said, would no doubt, entail diversification of services which will include rendering robust and all-inclusive financial services, utilising post offices across the country for rural telephony services, commercialising NIPOST’s fleet of vehicles, running a Public-Private Partnership, PPP, and expansion of the stamp duties processes among others. “Shittu, an avowed nationalist is a patriotic Nigerian who is wholly committed to the sustenance of our national institutions and legacies, and will never join the league of those hell-bent in selling off our common heritage,” the statement read.

—  Mar 14, 2016 @ 01:00 GMT

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