Poor infrastructure affecting our money transfer business – Postmaster-General

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The Postmaster-General, Dr Ismail Adewusi, Nigerian Postal Services speaks with SAMI OLATUNJI on how NIPOST operates as a regulator and service provider in the fast-changing, highly competitive logistics sector

The pandemic brought about several challenges to our operations as postal operator. We are the designated postal operator for Nigeria. The problem that happened following the pandemic was that the entire global postal operations stopped because of the closure of several borders. During the pandemic, it was difficult. Sixty per cent of our revenue comes from the export of items, particularly mails, parcels and cargoes. During the pandemic, all of these stopped.

The starting point was when we met with the leadership of the NDLEA. During the meeting, they told us that the problem with many of the courier logistics operators in the country is that in many instances they use those motorcycles to traffic drugs and weapons. So, what we have done is to have some kind of understanding with the NDLEA, which means that for every registered operator that we licensed, we sent the list of the names of the company, their location and directors to the NDLEA.

This has always been the most interesting part of the work we do. NIPOST has been regulating and also been an active part of this logistic chain for so many years. That is why one of the major complaints of the operators is that it is not right for us to be an operator and regulator at the same time. That has been taken into account in the new NIPOST Bill, which is at the National Assembly. That has been the issue. It is better to separate these two functions.

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This is a very dirty excuse of a PMG. That's a potential N5Tr money transfer business he is passing by talking about poor infrastructure yet FG is his employer

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