The Nigerian Postal Service (NIPOST) says with several transformation strategies, it has generated over ₦10 billion in revenue, surpassing its projected target.
Postmaster General and CEO of NIPOST, Tola Odeyemi stated this while speaking on a national Television Programme.
Odeyemi said the agency exceeded the ₦10 billion annual benchmark last year by digitalizing some processes and plugin leakages signaling a powerful shift in its national relevance.
She explained that the major services of NIPOST can generate much more for the nation, even as operations within the organization have been drastically optimized to ensure optimal service delivery that yields more revenue.
The Postmaster highlighted several transformation strategies which include deeper integration with Nigeria’s fast-growing e-commerce space, expanding digital services like PostMoni, and leveraging the National Addressing System to boost financial inclusion and security.
Odeyemi further explained that if the Nigeria Police adopts NIPOST’s addressing framework, the Force can better combat crimes and improve emergency responses.
She however stressed that the addressing system helps with things like drone deliveries and even the delivery of other government services right to the doorsteps of the citizens.
The Postmaster General stated that NIPOST is actively positioning itself to become fully self-reliant within five years through new revenue streams and improved service reliability in delivering world-class services in Nigeria and beyond.
Odeyemi acknowledged past issues around stolen or mishandled parcels but assured the public that upgraded logistics systems and stricter security protocols are already in place.
The Postmaster General who emphasized the importance of rebranding NIPOST as a 21st-century civic institution that has great relevance for the future of the nation’s digital economy believed NIPOST would become a national institution that is a platform for inclusive economic prosperity, one that is trustworthy and serves effectively.
