Companies that provide international courier services, like DHL and UPS, will now be liable to pay ₦20 million for a new license, […] Nigerians are Not Happy about the New NIPOST Fee | BellaNaija Transcorp Doles Out N26.25 Billion As Part Payment For Afam Power NIPOST announced an increase in courier license services fees and Nigerians have been abusing the agency and complaining about it. Under the new guidelines tagged “Courier Registration”, exclusively obtained by Nigeria CommunicationsWeek , Nipost through the Courier Regulatory Department (CRD) has included the new licensing and renewal fees. Osinbajo assured Nigerians that the proposed fees by NIPOST would be reviewed. 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The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. Before now, licenses are issued twice or at most thrice a year; which means even if you pay for a license in January you have to wait till July or thereabout before a license is issued to you. Any change of fee must be specific and be approved by him before implementation. The increase has come under serious criticism from the public. The Vice President, Yemi Osinbajo on Saturday reacted to concerns raised by Nigerians over the increment of courier and logistics license fees by the Nigerian Postal Services, NIPOST. “The Management of NIPOST felt, it was within its power to increase fees without our final approval. NIPOST recently announced a review of the licence fees to be paid by courier companies saying the ministry of communications and digital economy, its supervisory ministry, approved the new guidelines. He said: “For the past two years, the CRD of NIPOST has consistently been trying to sanitise the courier industry with its continuous events such as clamping down of companies. With the outrage that greeted NIPOST’s recent tariff hike for courier and logistic companies, ANCO, has urged operators, ... All license renewal fees are pegged at 40% of license fees per zone. Here are a few of the rants by Nigerians on Twitter : Fitxpressng @Fitxpressng “At first lagos State stop bikes for security reasons! The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. This is one out of the various reports of how the NIPOST has shut down other courier companies illegally operating, i.e. CUSTOMER SERVICE. The Senior Assistant Postmaster General and Head of Courier Regulatory Department, NIPOST, Ishaya Diwa, said the clampdown was a renewed drive to rid the nation’s courier industry of … Get up to N1.5 million in the Geely pre-sales offer. The Minister for Communications & Digital Economy is already taking active steps: those fees would be reviewed and this matter "ll be resolved in good time. This time, 30 licenses were revoked. Recall the recent NIPOST regulation of courier services which is enforcing all logistics service to get their licensing ranging from 250,000 to over a million Naira, the Honorable Minister of Communication and Digital Economy of Nigeria, Isa Ali Pantami, PhD, last week placed a hold on the exercise and has asked for a report to be sent to the ministry. 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The minister of communication and digital economy, Isa Pantami, in a tweet Saturday morning, insisted that the increase was not part of the regulation he approved for the … The minister of communication and digital economy, Isa Pantami, in a tweet Saturday morning, insisted that the increase was not part of the regulation he approved for the agency on Friday, July 24. The Nigeria Postal Service (NIPOST) has announced a new regulation through which it has introduced License fees for logistics and courier services . […] The Vice President, Yemi Osinbajo on Saturday reacted to concerns raised by Nigerians over the increment of courier and logistics license fees by the Nigerian Postal Services, NIPOST. The increase has come under serious criticism from the public. Learn how your comment data is processed. The Courier Regulatory Department (CRD) of the Nigerian Postal Service (NIPOST) has again revoked licenses of private courier companies in the country. According to NIPOST, the new regulations being put in place were aimed at protecting genuine courier and logistics operators by wielding out unregistered ones. The following information and/or evidence are required to be forwarded along with an application for a grant of license: Certified True Copy of the Company’s certificate of incorporation; “We need our courier operators in the country to work with the best standard as courier business is a worldwide business and any form of infringement will tell bad for the country. On Friday, the Nigerian Postal Service (NIPOST) unveiled new fees for Courier and Delivery Service providers and this has been greeted with lamentations and anger on social media with the hashtag #SayNoToNipostFee. Besides, this will further encourage other local and foreign investors to come on board. Courier companies are required by law, to register and obtain a license from the Courier Regulatory Department of NIPOST, the body in charge of registering and licensing courier/logistics/delivery companies in Nigeria. NIPOST Engages Courier Stakeholders ... Nipost Corporate Headquarters Abubakar Musa Argungu House Plot 1279 Muhammadu Buhari Way PMB 12537, Garki 900001 Abuja, Nigeria. REPLY: Pls stop it, respond to our msg,” Pantami tweeted. The Federal Government has rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST. However, looking at the economic hardship of our citizens, we need to suspend any move,” he said. NIPOST had come up with outrageous new increase in obtaining licence for courier services and renewal. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email this to a friend (Opens in new window), I, CIA agent? Femi Giwa-Amu mourns dead daughter Renua, Why we didn't confirm some of Buhari's appointees: Saraki opens up. I know the economic challenges of NIPOST. Pantani had explained that the increase was not part of the regulation he approved for the agency on Friday, July 24. But Minister of Minister of Communications and Digital Economy, Ali Isa Patami on Saturday suspended the new increase, saying that NIPOST did not have the power to unilaterally increase licence fees without the approval of the minister. According to NIPOST, companies which provide international courier services like DHL, UPS and FEDEX, are expected to pay N20m for a new licence and N8m annually while those who offer national services are expected to pay N10m for licence and N4m yearly for renewal. “The power of regulation of NIPOST lies with the Minister. Fees, levies, taxes for doing business in the country should be drastically reduced so as to allow businesses to grow. Saturday, July 25, 2020 3:11 pm | Business | 1 Comment(s). Confirming this report, the General Manager, Courier Regulatory Department (CRD), an arm of NIPOST, Dr. Andrew Ebiloma, said, “That is very correct. According to NIPOST, companies which provide international courier services like DHL, UPS and FEDEX, are expected to pay N20m for a new licence and N8m annually while those who offer national services are expected to pay N10m for licence and N4m yearly for renewal. NEWS DIGEST – The Federal Government has rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST. Following the public outrage over the proposed increment of license fee for courier services by the Nigerian Postal Service (NIPOST), the federal government has rejected the increase. Osinbajo, who stated this through his spokesman, Laolu Akande, assured that the matter would be resolved in “good time.”, In a tweet, Akande wrote: “We have just become aware of the recent increase in courier and logistics license fees by NIPOST, and the concerns generated. The Nigerian Postal Service (NIPOST) has revoked the licences of 30-courier companies in the country. Nigeria Postal Service (Nipost) has released its updated rules to guide companies and individuals seeking to register courier firms in the country. The Federal Government has stopped the Nigerian Postal Services, NIPOST, from implementing its new increase in obtaining licence fees and renewal. NIPOST had come up with outrageous new increase in obtaining licence for courier services and renewal. This site uses Akismet to reduce spam. operating without the required license. NIPOST increased the new license fees for Municipal operators to N1 million, and annual renewals fees to 40% of new license fees at N400,000.00 a year. Obtain license to operate from Courier Regulatory Department of NIPOST. Chinenye Anuforo. They stated: “the issues of fees, penalties & day to day administration are devolved in Section 6 (3) on NIPOST.” Pick Up Services: The Pick-up Service is one that allows a customer to call either by phone or any other means at any designated post office to have his/her mail collected and delivered to a … The Minister for Communications and Digital Economy is already taking active steps: those fees would be reviewed and this matter “ll be resolved in good time.”. The Nigerian Postal Service (NIPOST) recently announced new fees for courier and logistic business operators in Nigeria, provoking anger amongst Nigerians on social media. Post was not sent - check your email addresses! This type of taxes will discourage investors. Recall that Pantami had rejected the increment of license fee proposed by NIPOST. The usage and construction of structures to be erected must not impair NIPOST operations. FG orders NIPOST to suspend new license fee for courier services. Pantami added that the power of regulation of NIPOST  lied with the minister and that any change must be approved by the minister. Sorry, your blog cannot share posts by email. We have just become aware of the recent increase in courier & logistics license fees by NIPOST, & the concerns generated. The General Manager, CRD, Dr Ishaya Diwa, made the disclosure at a media briefing in Lagos on Thursday. If they grow, they will employ people and contribute in various ways to the country’s economic development. This was disclosed by Isa Pantami, the minister of communication and digital economy, on Saturday, July 25. The Federal Government has rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST. Minister and that any change of fee must be specific and be approved by the Nigerian Postal,. Courier Regulatory Department of NIPOST felt, it was within its power to increase fees without our final.... 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