FG Rakes In N3.63bn From Postal Services

The National Bureau of Statistics (NBS) said the Nigerian Postal Service raked in N3.63 billion in 2021.

The collection, however, dipped by 22.79 per cent compared to the revenue that it earned the previous year, according to the document titled: ” Nigerian Domestic and amp; Foreign Debt Q3 2022.” The report stated the revenue of 2021, was lower than that of 2020 by 22.79 per cent.

The NBS said EMS/Speedpost generated the highest income with N1.27billion, representing 35.14 per cent of the total revenue generated for the year.

It added that this was followed by parcel clearance/delivery fee with N689.12million, and NIPOST Premises/Space with N299.66mn, representing 18.96 per cent and 8.25per cent.

Besides, the agency handled a total of 17,656,768 mails domestically and internationally in 2021.

The NBS said about 8,111,461 mails were handled domestically, representing 45.94 per cent of the total mails, while 1,040,461 mails were dispatched abroad, representing 5.89 per cent of the total mails.

According, the data, however, 8,504,846 mails were received from abroad and delivered in Nigeria, representing 48.17per cent of the total mails handled in the year. Also, in 2021, the number of post offices in Nigeria stood at 2,794.