Professional Service

FG Targets 15% Reduction in Cost of Courier Services

The federal government has said it is anticipating a 15 per cent cut in the cost of courier services within Nigeria, the PostMaster General of the Nigerian Postal Service (NiPOST), Tola Odeyemi, has said.

Odeyemi, who disclosed this in Abuja during this year’s commemoration of World Postal Day, said the 15% reduction would materialise when the Memorandum of Understanding (MoU) signed between NIPOST and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) started to bear fruits.

“Recently, NIPOST and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) formalised a partnership through a Memorandum of Understanding (MoU) aimed at supporting Micro, Small and Medium Enterprises (MSMEs).

“With the implementation of this partnership, MSMEs can anticipate a 15% reduction in courier service costs, improved market access and enhanced last-mile delivery capabilities, contributing to job creation and economic development across Nigeria,” she said.

The PMG said NIPOST has also consolidated its partnership with the National Agency for the Control of AIDS (NACA) for the implementation of transportation of biological samples within the country.  

The project has entered its final stage for launching in Taraba and Abia states with all facilities in place, she added.

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