Categories: News

Outrage Among Nigerians As NIPOST Imposes New Charges On Courier And logistics Services

The Nigerian Postal Service (NIPOST) has imposed new costs of licence for logistics and courier services, sparking outrage from Nigerians online.

The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods.

According to NIPOST, companies which provide international courier services like DHL, UPS and FEDEX, are expected to pay N20m for a new licence and N8m annually while those who offer national services are expected to pay N10m for licence and N4m yearly for renewal.

Logistics companies that operate within regions are expected to pay N5m for licence and N2m annually. For firms that operate within states, the cost of procuring a licence is N2m while the renewal costs N800, 000.

Courier firms that operate within municipalities are to pay N1m for licence and N400,000 annually. For Small and Medium Enterprises (SMEs), the licence is N250,000 while the annual renewal of the licence is N100,000.

The new charges imposed by NIPOST is believed to be part of an attempt to increase its revenue and sanitise the system. The move would increase the cost of goods purchased online.

The General Manager, Corporate Communications, Franklin Alao, said in a statement that the new regulations were not planned to frustrate ease of doing business rather they aimed to promote growth of MSMEs.

“It is part of the strategies to ensure effective service delivery as consumers would know the capacities of the operators they are dealing with.

“Kindly note that consumers of the courier service would be better off as this will drive charlatans out of the industry. Genuine and serious operators would come back to celebrate this move by the NIPOST,” he said.

However, many online retailers took to social media to lament the new development even as they said the government had done nothing for small businesses.

Some Nigerians are alleging that NIPOST had already started arresting dispatch riders and seizing their vehicles. See some reactions below:

This is coming barely 24 hours after the Federal Inland Revenue Service (FIRS) directed landlords and property owners and agents to ensure that they charge 6% stamp duty on all tenant in Nigeria.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Nigeria receives first shipment of Malaria vaccines in Landmark fight against Disease

Nigeria has officially received its first-ever shipment of malaria vaccines, a historic moment in the…

5 hours ago

Israeli Military Claims It May Have Killed Hamas Leader, Yahya Sinwar

Israeli military have reported the possibility that Yahya Sinwar, the Hamas leader behind the October…

11 hours ago

Aliko Dangote’s Net Worth Rises To $28 Billion After Launch Of Nigerian Oil Refinery

Aliko Dangote, Africa's richest man, has seen his wealth more than double to $28 billion,…

12 hours ago

Don Jazzy Donates N100 Million To VeryDarkMan’s NGO

Nigerian activist, VeryDarkMan has revealed that renowned music producer Don Jazzy donated the sun of…

14 hours ago

Shatta Bandle And Wife Welcomes Their Second Child

Ghanaian social media star, Shatta Bandle and his wife have welcomed their second child. The…

14 hours ago

Yinka Ayefele Welcomes Baby Girl With His Wife, Temitope Titilope

Nigerian gospel singer Yinka Ayefele and his wife, Temitope Titilope, have welcomed their fourth child.…

16 hours ago