NIPOST Imposes New Charges On Courier Services

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NIPOST, the managers of our good old “Post Office” recently released a memo that might change how delivery businesses run. The memo list new license fees that logistic companies must pay in order to run their businesses legally.

The Nigeria Postal Service (NIPOST) is a unit under the Federal Ministry of Communication and Digital Economy. NIPOST has offices in almost every city in the country and is where locals usually go to send mail and receive parcels.

According to the memo, international courier services like DHL, FEDEX and UPS are required to pay a fee of 20m Naira for a new license and 8m annually for renewal. The next category (Logistics with the country), are required to pay 10m Naira and 4m Naira for annual renewal. For regional delivery, companies will pay 5m Naira and 2m Naira for renewal. NIPOST listed 6 categories of courier and logistics companies. Below is an image of the memo gotten from the internet.

Earlier this year, a move by the Lagos state government to ban motorcycle taxi (Okada) meant a total U-turn for startups running motorcycle taxi. Companies like Gokada, Opay and Max had their own apps that connect Okada riders with passengers.

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About Wisdom Nwedene 8440 Articles
Wisdom Nwedene is a seasoned investigative reporter and a Senior Correspondent at 9NEWS NIGERIA. He is currently an editor @9News Nigeria and also a social media strategist, writer, freelancer. Wisdom Nwedene has also interviewed many top Nigerian celebrities and Politicians. Contact me via : 07034977317 .To always get our news update on WhatsApp, call or text 'add me' to, 07034977317 or send me message via Facebook : Wisdom Nwedene(https://www.facebook.com/wisdom.nwedene) Share your story with us: +234703497 7317 ( Call & SMS only) Email: Nwedenewisdom@gmail.com

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