Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

General News

Independent Regulator will Lift Postal Industry -Emeje

Published

on

Dr. Simon Emeje, senior post-master general of NIPOST and head, Courier Regulatory Department (CRD
Kindly share this post

Dr. Simon Emeje, senior assistant, Postmaster-General of NIPOST and head of Courier Regulatory Department (CRD), is a strategic thinker, leadership specialist, entrepreneur and development strategist.
He is recognized internationally for his expertise in issues relating to Political Science and Public Policy as well as Courier and Logistics.
Emeje is widely travelled and in high demand in leadership, business, courier and logistics seminar and conferences and received several awards for his excellence and dedication to work.
In this interview with peter ugwu he spoke about the courier industry and sundry issues.

Trends in Courier Sector
It has been very interesting, The industry is very dynamic and faces changes in some aspects of courier operations.
Courier Regulatory Department has been apt in carrying out Nigeria Postal Service (NPS’) quests to expose industry operators to various areas they have not really tapped into. That is, the online-courier business. It is an area that is so large, but they have neglected it. That is why in our last workshop we deemed it wise to create awareness among them, which they accepted with two hands. It was like an eye open.
We have been telling who wants to know that courier is beyond picking up items from the capital market to deliver; most of them have concentrated on the bulk, capital market, quoted companies, annual general meeting reports or share holding documents; we have seen that is it quite more than that.

Link between e-Commerce and Logistics
It is a two-way thing for the industry operators. In other words, if they have the capacity to venture into that, they can go directly into it.
The license they obtained from us covers that too. They can open up platforms where people can go shopping and they in-turn deliver the items to them.
Actually, e-Commerce does not stop at ordering. If they want to partner with those who have the platform already they can do that; contemporary businesses thrive mainly on partnership. Therefore, they (courier operators) can take the aspect of delivery.
I call it a hybrid operation, wherein you are standing between technology and physical delivery; customers go online to place order, which are packed at a warehouse,
it is then the responsibility of another person to move the items from, either a warehouse or mall, to the recipient.

Regulation of Delivery In e-Commerce Sub-Sector
That is why we are here. Courier regulation covers the aspect of e-Commerce delivery. But our laws are so limited in that aspect.
We are optimistic that the Federal Government will expedite action on the current National Postal Commission Bill.
Be that as it may, in the technology era, courier remains a time sensitive service of delivering items from door to door in a secured nature.
Thus, the technological gamut can affect what happens in the net because, globally, there is an aspect of the post which has to do with technology in moving items from one destination to another. For instance, billing systems where payments are made online on items that are delivered, even as items are delivered online using particular software.
So, the industry is no longer dependent on just physical delivery. When people start communicating online, making purchases, somebody has to deliver it; the point where the operator picks the item is not usually the beginning, rather someone seated in the comfort of his room or office make the decision to move an item.
That decision is part of the delivery process. Remember, after the decision, the client would have gone ahead to make purchases, they are packaged before the delivery.
At the point courier company XYZ comes in to deliver, to a layman, that is the first point, but it is not.
In the same way, when people make orders online, in the e-commerce contest, from any part of the world, the decision to do that is the beginning.
The second step is where to find the item; they go ahead to surf the platforms, make purchases, then, how do they receive the item. The courier company comes. In other words, the whole process is the essence of courier.

How Domestic Courier Operators can Benefit
We licence courier companies for both domestic and international operations. We have three categories of licencing.
First, the purely domestic is for those that want to play within Nigeria. The other licence is basically for international players, where you have multinationals like DHL, UPS, FEDEX, etc.
The international licence also covers the operator to cover domestic market. We also have indigenous-international, which is allows indigenous companies to embark on international operations. They do not have the capacities like the multinationals.
So, if give a business to the domestic operator for delivery in Ghana, the only to carry to execute that is to synergise with the operator that has international licence. The business of the indigenous stops at the table of the international licencee, otherwise, he has to obtain permit for international transaction.

CRD’s Preparedness in the e-Commerce Era
Yes, we have thought of situations where companies will engage in illegal international transaction because of the gains obtainable in e-commcer viz-a-viz international purchases. We frown at that kind of illegality. What we are doing currently is engage on surveillance.
We are at the airports, checking the manifests of consignments, both imports and exports. If we see any manifest in either NAHCO or SAHCOL sheds and discover that Company XYZ is not licenced for international courier business, we sanction such company.
However, in the last six months we have not experienced that; it was around January that we had about three cases. The truth remains that: documents will not lie.

e-Commerce-Delivery Handshake
Actually, that was one of the essences of our last training. That effort was to bring the two together. E-commerce business is roped into courier.
The ones we have licneced such as Jumia, Konga, etc., are really doing good. In the last six months, we have been rethinking on brining everybody together; let them see themselves as one, running the same business but in different dimensions.
We made the e-commerce operators to speak up, telling the rest of the operators how they are operating. From there, some of them started networking, exchanging ideas with those purely on e-commerce.

National Postal Commission Bill: The Journey So, Far
We are praying to God that government will understand and respond swiftly to the industry’s pleas. We have been talking about it in the last nine years.
So many things would have been made easier if a Commission were to be in place. It is a heart-cry from the industry.
So time ago, the draft Bill was presented to the Federal Executive Council (FEC) through the efforts of the Dr. Omobola Johnson, Minister of Communication Technology and her team.
A committee was set up to fine-tune it; they were supposed to the FEC before it could be sent to the National Assembly as an executive Bill; we are waiting for that to happen.
Before the expiration of the sixth Assembly, a Bill of this nature was sent to the House of Representatives. It went as far as public hearing. It was going towards the third reading before the Assembly dismissed. We were so optimistic then, that in a jiffy it will be passed.
If it were read the third time, probably, by now government would have instituted the Commission.
Presently, the FG in its wisdom has come up with this process; although, the seventh Assembly is already winding up.
To us in the industry, it has not been palatable. Postal Industry regulation is a global phenomenon. All over the world, the separation of postal from telecoms is a known thing.
Nigeria is a giant in Africa and the biggest economy in Africa too, but without a separate regulator for the postal sector which is critical in economic development of the nation.
During international conferences, you will be amazed that even small countries in Africa have postal commission. The postmaster general has been talking about it, even at international conferences he has defended the calls for an independent regulator for this all important industry.

Any Intervention from Universal Postal Union
Really, there UPU will not go to the point of sanctioning Nigeria if an independent regulator is not constituted. UPU has allowed discretional regulation, implying that every government is free to run its industry the way it deems fit.
However, UPU had advocated for every country to do that because it makes service efficient and effective, giving better opportunity for the government to have full control and the operators to enjoy the industry and recoup their investments.
It is a good thing that we heed to the recommendations of UPU. There was a time they came up with a policy on the courier which gave birth to Express Mail Service (EMS) around 1986. UPU said the essence was to stem the incursion of private firms into the jurisdiction of the conventional postal service. So, it was an avenue for the national carrier can run a courier service. Almost all UPU member nations have EMS.     


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

General News

MoMo PSB Launches Refer & Win Promo: Free Airtime or Data for Life Awaits Nigerians

Published

on

Kindly share this post

MoMo PSB, a subsidiary of MTN Nigeria and a leading provider of digital financial services, has unveiled its Customer Refer & Win Promo, an exciting initiative aimed at rewarding loyal customers with free airtime or data for life.

This campaign underscores MoMo PSB’s commitment to advancing financial inclusion and enhancing the digital banking experience for millions of Nigerians.

The promo offers customers the chance to win incredible prizes, including free airtime or data every month for 50 years for 11 lucky winners, and consolation prizes for 110 winners who will receive airtime or data every month for one year.

Open to both new and existing customers, the initiative encourages participants to perform qualifying transactions and refer friends and family to activate or reactivate their accounts.

Phrase Lubega, CEO of MoMo PSB, emphasized the company’s dedication to customer satisfaction and seamless financial transactions. “This initiative is about giving back to our customers while promoting the ease and convenience of using MoMo for everyday transactions.

“By simply transacting on the platform, customers get the chance to enjoy free airtime and data for life, an offer that truly rewards their loyalty,” he said.

To participate, customers must complete eligible transactions such as MoMo-to-MoMo transfers, other bank transfers, bill payments, betting wallet top-ups, and airtime/data purchases.

Referrals also earn participants an instant 100MB for every active referral. Weekly electronic draws will determine winners, with the promo running for 12 weeks from April 3rd to June 25th, 2025.

MoMo PSB will also engage users through nationwide activations, interactive sessions, and digital campaigns to drive awareness and participation.

This initiative further solidifies MoMo PSB’s role as a key player in Nigeria’s financial services sector, offering innovative solutions that simplify transactions and enhance customer satisfaction.


Kindly share this post
Continue Reading

General News

Reps Panel Demands N182bn Refund from Remita Over TSA Discrepancies

Published

on

Kindly share this post

House of Representatives Public Accounts Committee has directed Remita, a financial technology firm, to refund N182.77 billion to the federal government. The sum was allegedly withheld from the Treasury Single Account (TSA) since 2015.

The directive was issued on Wednesday during a committee meeting in Abuja, following the submission of a forensic audit report by consulting firm Seyi Katola & Company (Chartered Accountants), which uncovered significant discrepancies in revenue remittances.

Remita, owned by financial services company SystemSpecs, is the online platform through which federal government agencies remit revenue into the TSA. In November 2023, the House launched an investigation into suspected revenue leakages through the platform.

Chairman of the committee, Bamidele Salam, said the decision was reached based on evidence presented by the forensic auditors and documents submitted by Remita and other stakeholders in the TSA ecosystem.

Adewale Oyebamiji, managing partner at the auditing firm, presented the breakdown of liabilities, stating that SystemSpecs was responsible for N3.42 billion in under-refunded transaction processing fees, N101.85 million in unpaid acquirer fees, and N179.25 billion in unremitted collections.

The report also applied the Central Bank of Nigeria’s monetary policy rate of 27.25 percent to determine interest charges. According to the findings, the under-refund of transaction processing fees amounted to N993 million, with interest charges of N2.42 billion, bringing the total to N3.42 billion. For unpaid acquirer fees, N29.60 million was due, with interest charges of N72.25 million, totalling N101.85 million. Regarding non-remittance of collections, N54.24 billion was due with N125 billion in interest, totalling N179 billion.

“The committee hereby recommends that SystemSpecs Ltd be compelled to refund the total sum of N182,769,245,175.20 to the federal government asset recovery account domiciled at the Central Bank of Nigeria (CBN), account number: 0020054161191,” the report stated.

The committee noted that some deposit money banks have already complied with similar refund directives and urged other TSA value chain service providers yet to comply to do so without delay.

Chairman Salam praised the forensic auditors for what he described as a thorough and patriotic investigation.


Kindly share this post
Continue Reading

General News

FG Launches Survey to Encourage Nigerian Digital Firms Spread Across Africa

Published

on

Kindly share this post

The Federal Ministry of Industry, Trade and Investment has announced the launch of the Digital Services Survey in a strategic effort to empower Nigerian digital service providers to expand across Africa under the African Continental Free Trade Area (AfCFTA).

The ministry’s Director Press and Public Relations, Dr. Adebayo Thomas in a statement  said the aims of the digital services initiative is to map and support the growth of Nigerian digital services throughout the continent and simplify the process for digital businesses to navigate regulatory environments and expand their reach across African markets.

He added that Nigerian digital businesses often face challenges when entering other African markets, including uncertainties around service registration, applicable regulations, and responsible agencies.

Thomas said: “Unlike physical goods, digital services don not always align with existing trade categories. This framework will serve as a common language, ensuring consistent treatment of digital services across borders” and its benefits include unlocking new markets by identifying target African countries for expansion, as Nigeria can focus trade negotiations on opening specific markets for digital services.”

He added, “The framework would also create a Digital Services Repository and for the first time, Nigeria will compile a comprehensive database of digital service providers, their expansion plans, and the challenges they face.

“Furthermore, the framework would strengthen Nigeria’s digital leadership by positioning the country as a proactive leader in Africa’s digital economy, shaping the rules and standards for digital trade.”

 


Kindly share this post
Continue Reading

Trending