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The Nigerian Postal Service (NIPOST) has launched its agency banking platform and debit cards as the postal agency deepens its reformation to become more active across sectors by leveraging digital technology.

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The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami launched the new services in addition to unveiling 27 Courier service vehicles to make NIPOST and its partner, Speedaf Express compete favourably in the industry.

“We are not agitating that NIPOST’s Debit card must replace our other debit cards but rather an alternative banking platform. Most importantly, this service can be used online and offline. It is complimentary and provides other alternatives, particularly to the people living in unobserved and underserved environments,” said Pantami.

Adding: “NIPOST exist in so many places where other banks will not exist in Nigeria, because the service is in every local government. We want to leverage on that, and ensure we use NIGCOMSAT to provide Internet connectivity all over the country in places where there are no ATM machines and banks, as alternatives for the underserved communities.”

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With the launch, NIPOST is more effectively positioned as an active player in Nigeria’s fast evolving digital economy and e-governance in a way that will further improve the ease of doing business by the use of technology.

According to Pantami, no economy can be transformed without digitization. He said digitised economy would improve ease of doing business, improve transparency and fight corruption.

The minister said a digitized economy will improve ease of doing business, improve transparency and fight corruption.

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His words: “We are in the process of digital transformation; and transformation will not be possible without digitalisation.

“What we are doing today is to ensure that NIPOST is digitalised so that they will deliver in their mandate by law.

Earlier duringbthe launching, the Postmaster General/CEO, NIPOST, Dr. Ismail Adebayo Adewusi, said the event offers another opportunity to reposition the agency’s services according to best global practice.

“Upon my resumption two years ago, I met the with the management and we made a serious appraisal of the post, including among others, tinkering with the operating structure and reintroducing states territorial management structure under the direct supervision of coordinating directors operating.

“This is, however, all geared towards reducing operating costs, increasing the revenue base and rejuvenating the system with a view to restoring public confidence,” said Adewusi.

 

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