Fidelity bank banner Atiku Obi Campaign banner Newsexpress banner Camano banner
NIPOST to introduce banking services to rural areas

By News Express on 18/04/2016

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

Views: 1,741


The Nigerian Postal Services (NIPOST) will soon introduce banking services to rural areas of Nigeria, Minister of Communications, Adebayo Shittu, has said.

Shittu told the News Agency of Nigeria (NAN) on Sunday in Abuja, that the banking services would avail Nigerians in rural areas the opportunity to carry out banking transactions.

He said that the Ministry of Communication was making effort to re-position NIPOST to make it vibrant and to diversify its services.

He said that since the commencement of GSM operations in the country, NIPOST had witnessed drop in sales particularly for postage stamp and other services.

The minister told NAN that in its efforts to reposition NIPOST, the ministry had identified some major areas that could be included in the mandate of the service.

He listed some of them to include internet services in all NIPOST locations, introduction of rural banking, property development and e-commerce.

“We are also looking at consolidating the capacity of NIPOST to engage in property development; you will recall that in most communities NIPOST usually has more land than needed.

“So we are seeking private-partnership arrangement with private sector developers to construct and rent out office blocks, malls and even high class residential houses to enable us generate revenue.”

Shittu said the ministry was also looking at the possibility of using NIPOST to facilitate e-commerce.

He said that the ministry had finalised arrangement to appoint a new Post-Master General, who is expected to kick start the reforms in NIPOST.

“We have gone through the processes of interview test and new post-master General will soon emerge.

“Once he emerges, the reforms will take off.” (NAN)

Source News Express

Posted 18/04/2016 12:50:47 PM

 

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


 

CLASSIFIED ADS

 

You may also like...
Nigeria won’t record significant economic growth during Buhari’s...

PDP welcomes Dogara back, says return is courageous...

BREAKING: Dino Melaye granted bail

CNPP congratulates new VON DG, tasks him to...

Commotion as MAN WAKES UP IN MORTUARY 20...

Cholera claims 3 in Gombe, 27 hospitalised

NCC, ICT stakeholders meet to empower women, youths...

Fuel sells for N180 as scarcity spreads

Ochuko’s odyssey: From local fish seller to anti-human...

Boko Haram terrorists regrouping in Borno – Army...

N21b, PVCs not found in Lawal Daura’s houses:...

Emulate Abubakar’s investment in education, health, Maitama Sule...

 

Latest News Meet the most powerful lobbyist in America who arranged Atiku’s US visit Buhari expresses shock over Borno campaign tragedy Group takes Atiku campaign to polling units, pledges 15m votes Miyetti Allah endorses Ugwuanyi for second term Hope rises for 63 disengaged staff of Ebonyi Varsity as committee begin sitting 27 soldiers arrested in Venezuela after rising against President New police boss: Same old story FG releases N163b to universities but ASUU not yet to call off strike Gas explosion kills four in Akwa Ibom Imo Guber: Why we won’t vote Uche Nwosu — Nkwerre Ieaders UNICEF, Bayelsa Govt commence school enrolment drive campaign to reduce school drop-out Eagles ex-star, Sodje, two brothers jailed for misappropriating African charity funds

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (441,761 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (400,629 views) Shameless Genevieve Nnaji exposes breasts in public (334,327 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (287,381 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (252,658 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (231,679 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (215,870 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (197,137 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (184,312 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (172,753 views) Lagos plane crash: Journalist releases victims’ names (170,219 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (156,134 views)

 

JAMB 2019 Reg

CBN banner

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,972) Business Verdict (54) Columnists (985) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (580) Features (704) Global Business Monitor (314) International (3,007) Interview (170) Live Commentary (28) Love Matters (151) Maggie's Blog (117) News (42,588) Opinion (1,180) Pidgin (16) Politics (8,853) Religion (942) Sports (1,869) Stock Watch (36) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera