ADVERTISEMENT
ADVERTISEMENT

NIPOST to begin operation of electronic money order in February

Nigerians will be able to send and receive money within Nigeria using NIPOST services by February.

Okoh disclosed this when the Postmaster General of NIPOST, Bisi Adegbuyi led the management team of the Postal Service on a courtesy visit to the BPE in Abuja.

Also, Okoh said the reform would lead to the unbundling of NIPOST to have standalone business components that will project the agency brand, provide efficient service and be put on a profitable path.

He noted that if NIPOST is provided the right incentives and business strategy, it would become efficient and profitable. He pledged to work with the management of NIPOST and accommodate their views to transform NIPOST into a viable entity.

ADVERTISEMENT

Okoh said that the final decision on the restructuring would be dependent on the outcome of the work of the Advisers engaged in the transaction.

"Although the Bureau has the mandate for this reform, we are collaborating with all the critical stakeholders to ensure that the reform in NIPOST is carried out without hitches. The Bureau is always conscious of the macroeconomic impact of carrying out its mandate of reform and privatization," he added.

"NIPOST has been re-engineered to carry out certain services, among them are E-commerce, E-insurance, rural banking and a Post Youth Engagement Strategy, aimed at engaging the youth who form the vast population of Nigeria."

Adegbuyi promised that the organization was ready for the reform and has begun restructuring in readiness for it.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Here's everything to know about being a virgin on your wedding night

Here's everything to know about being a virgin on your wedding night

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

ADVERTISEMENT
ADVERTISEMENT