The Nigeria Postal Service (NIPOST) has announced that one of its objectives for this year is to generate N10 billion in revenue for the government, even as it has pledged to address concerns regarding missing mail.
The Postmaster General of NIPOST, Tola Odeyemi, said as she unveiled an ambitious vision for the future of postal services in Nigeria, emphasizing the need for alignment with national objectives and enhanced service delivery.
While the Service has over the years generated little or no revenue for the government despite annual budget allocations, the N10 billion target, if met, will be NIPOST’s highest earning in a year.
A look at the 2024 budget shows that NIPOST got an N18.4 billion allocation from the government, all for recurrent expenditure.
Reacting to concerns about missing mail, which is one of the reasons many Nigerians are skeptical about using NIPOST, Odeyemi said NIPOST plans to upgrade its technology infrastructure, including the introduction of an end-to-end tracking system to reduce human errors and build public trust.
