Business

NIPOST wants postal laws amended

The Postmaster General of the Federation, Mr Bisi Adegbuyi, has called for the amendment of postal laws to separate regulation from operation to enhance the development of the postal sector.

He made the call on Wednesday in Abuja in his address at the Senate Public Hearing on the Nigerian Postal Service Act 2004.

He said that the postal sector was challenged by `disruptive technologies’ that are forcing institutions to rethink and re-order their processes to meet the demands of an ever changing customer needs.

“The postal sector is perceived to be the most affected as a result of the direct substitution of its core mandate by the internet which in reality is the post office virtualized.

“Apart from the huge employment potential in the postal sector, the existence of post offices in all nooks and crannies of the country places NIPOST at an advantage over other organizations in terms of spread.

“NIPOST is well positioned to assist government reach out to the populace particularly the rural dwellers whose role in economic transformation remains critical.

“The diversified activities in the postal network will not only engender employment for the teeming youths but will also create opportunities for Small and Medium Enterprises,’’ he said. (NAN)

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