2020: FG Targets 56% Revenue From Non-oil Sources   To demonstrate its determination to diversify the economy, and attendant revenue streams, the Federal Government hopes to generate about 56 per cent of its 2020 projected revenue from the non-oil sources. This target is probably being buoyed by...

NIPOST Staff Fault Ceding Stamp Duty To FIRS   Workers of the Nigerian Postal Service on Thursday staged a protest at the headquarters of the Ministry of Finance over the plan by the Federal Government to cede stamp duty collection to the Federal Inland Revenue Service. The...

FG Rakes In N45.8bn From Stamp Duties   The Federal Government has raked in over N45.8 billion from stamp duties, following the reforms introduced by the present administration. Post Master General of the Federation and Chief Executive Officer of Nigerian Postal Service (NIPOST), Bisi Adegbuyi, who disclosed...

NIPOST Board Summons Emergency Meeting Over Impending Strike The governing board of the Nigerian Postal Service(NIPOST) has summoned an emergency meeting in Abuja involving the leadership of the in-house union and the Post Master General a bid to forestall the impending strike action announced by...

‘Nigeria’s N1tn Courier Industry Untapped’ The Head of Nigeria’s Courier Regulatory Department (CRD) an independent arm of the Nigerian Postal Service (NIPOST), Prof. Simon Emeje, has insisted that the Nigerian courier industry worth over a trillion naira, but expressed his dissatisfaction that the full potential...

NIPOST To Begin Electronic Money Transfer Service The Nigerian Postal Service is set to roll out a new product – electronic money order – that would enable customers in both rural and urban communities to transfer and receive money across the country. The Postmaster General of...