Fidelity bank banner Bayelsa State banner
NIPOST soon to float bank

By News Express on 07/03/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,724


Mr Adebayo Shittu, the Minister of Communications says the Nigeria Postal Service (NIPOST), will soon introduce Post Bank to bring banking services to rural dwellers.

Shittu said this while addressing journalists at his Ibadan residence on Sunday.

He said post bank would avail rural dwellers access to banking services through NIPOST offices across the country.

The minister also said the ministry would soon arrange with all foreign postal services to make the Express Mail Service (EMS) of NIPOST to handle all internal distributions across the country.

He said that such efforts were part of the reforms the ministry had planned in order to make NIPOST viable, relevant and effective.

“There is a law now on stamp duties. Every legal transactions above N1,000 would attract N50 levy as stamp duty.”

Shittu said the call for applications from suitable and competent individuals to be appointed as Post-Master General was in line with the transparency stance of the present administration.

“From the advert, we had 47 applications of which 21 had been selected for interview. The 21 would have their interviews from Wednesday to Friday on the basis of seven persons per day.

“I did not unilaterally choose an individual for reasons of due process and to uphold the present administration's principle of transparency.

“We have also ensured that our interviewers were drawn from all the ministries and agencies, including EFCC, ICPC and the Federal Character Commission.”

Shittu said the ministry would ensure rural areas had internet facilities, adding that Information and Communication Technology (ICT), had made activities convenient and easier.

The minister said ICT was capable of producing sufficient wealth for the nation, stressing that it was the highest employer of labour after agriculture.

Shittu said that the Treasury Single Account (TSA), through ICT, had blocked leakage and wastage of the nation's resources.

“For example, in Rwanda, the 4,000 public buses there were equipped with internet facilities. I think our people deserve this and they will be digitally smart.”

On Nigeria Telecommunications Limited (NITEL), the minister said the outfit had been sold by the Bureau of Public Enterprises during the last administration.

He said the outfit was sold to NICOMSAT and by law no more in existence, and the new outfit would take off any moment from now.

Shittu said the ministry would meet with telecommunications outfits in the country during the week to inform them of sanctions on dropped calls and unsolicited messages considered to be a rip-off.

He expressed determination to make a meaningful difference during his tenure as minister. (NAN)

•Photo shows Bayo Shittu.

Source News Express

Posted 07/03/2016 2:46:02 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Paris attacks suspect Mohamed Abrini, in police net...

Bank of Industry inducted into FOI Hall of...

Lagos moves to upgrade schools in slum areas...

Power supply drops by 50 percent

Thousands benefit from NNPC/SNEPCo health outreach

Identify and prosecute drug cartels, Military tells State...

Nigerian charged with double murder in London

INEC excited over passage of Electoral Act by...

Why are we not talking about Umuahia?

We’ll make Lagos uncomfortable for criminals: Ambode

It will be a cloudy Sunday, with chances...

Rotary Club of Ikeja gets new President, inducts...

 

Latest News 2019: Atiku, Tambuwal, Saraki, Jang, others cross first hurdle Ohanaeze sabotaging Igbo interests — IPOB •Attacks Uwazuruike and South-East Governors Lagos APC: Controversy trails Sanwo-Olu’s alleged withdrawal Journalist sentenced to 5,000 years in prison laments ordeal 2019 Presidency: PDP may drop aspirants with graft cases FIRS to block bank accounts of 6772 corporate tax defaulters APC mulls automatic tickets for National Assembly members We’re still being kidnapped, Igbo traders in Cross River cry out FG recalls Paris Club refund for 5 states •The affected states Osun Guber Poll: Declare PDP winner to avert national crisis, Secondus tells INEC •Cries blue murder Salary Arrears: Bayelsa Government assures workers of full payment Akwa Ibom royal fathers reiterate support for Governor Emmanuel

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (397,064 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (377,034 views) Shameless Genevieve Nnaji exposes breasts in public (308,894 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,848 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (232,550 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,773 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (200,297 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,819 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,960 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,503 views) Lagos plane crash: Journalist releases victims’ names (158,323 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (147,017 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (63) Business & Economy (3,628) Business Verdict (52) Columnists (933) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (653) Global Business Monitor (301) International (2,434) Interview (165) Live Commentary (28) Love Matters (144) News (39,129) Opinion (1,111) Pidgin (11) Politics (6,747) Religion (873) Sports (1,706) Stock Watch (34) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Anthony Joshua vs Alexander Povetkin: Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement