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Nigeria Loses 12.5% Courier Companies Annually
Piqued by challenges ranging from regulatory, operational to managerial, the dearth rate of companies in the Nigerian courier sector stands at 12.5% per annum, according to information available to the Nigeria CommunicationsWeek.
The total number of licenced operators by the Nigerian Postal Service (NIPOST) as at December 2014 is 374, whereas Nigeria CommunicationsWeek gathered that only 80 of them are functioning optimally, bringing the exit rate to 79% in the last 30 years.
The dwindling trend in the sector was attributed to, but not limited to, lack of due regulation channel and absence of proper regulation; inimical activities of local government employees on Nigerian roads; misunderstanding of courier operators importance and schedule by the law enforcement agents and ultimately, non-recognition of the viability of the sector by the Federal Government.
Speaking in Lagos on the appalling state of the industry, Mr. Siyanbola Oladapo, president, Association of Nigeria Courier Operators (ANCO), said that the demand for reforms in the postal sub-sector has been recurring dismal in Nigeria’s policy formulation.
Oladapo recalled that the Department of Post and Telecommunication (P&T) was split during the regime of General Muhammed Buhari (rtd.) in 1985 (now President-elect). From the spilt emerged the Nigeria Telecommunications (NITEL) and the Nigeria Postal Service (NIPOST).
“Since the spilt, the telecoms sector has undergone several reforms cumulating in the tremendous investment and success especially with the advent of GSM. Although, NITEL has been comatose since then, however is it remarkable that the boost in the telecoms could not have been possible without the role of Nigeria Communications Commission (NCC).
“It is therefore regrettable that NIPOST and indeed, the entire postal sector have remained without noticeable reforms since its split from P&T”.
The ANCO President attribute the sorry state of the sector to the “non-reform in NIPOST” which he said, “has therefore negatively affected the Postal Sector including private courier companies. Instead of the Federal Government to create a neutral body to regulate the Postal Sector as it did for the telecoms, a department was carved out of NIPOST to regulate the private operators.
“Courier Regulatory Department (CRD) being a unit of NIPOST, not independent, so does not have the necessary Executive and Legislative powers to regulate, transform, and protect the Postal Sector,” he said.
Oladapo also sent a ‘Save Our Soul’ (SoS) message to President Muhammedu Buhari, to continue and complete the reform he started in the P&T 30 years ago as demand for the creation of a Postal and Courier Regulatory Commission (PCRC) had been made by body of private courier operators since the First Courier Summit held in 11 years ago.
Also, Mr. Okey Uba, ANCO’s secretary general bemoaned the lukewarm attitude in the Government quarters towards the plight of the sector adding that a Postal Commission Bill was sent to the 6th and 7th national Assembly for debate and passage through the Bureau for Public Enterprises (BPE), but none could scale through.
Meanwhile, the Federal Government sponsored an Executive Bill in that regards never materalised before the tenure of 7th NASS expired in June 2015.
ANCO said that the imperative for the passage of the Bill falls in line with the Universal Postal Union (UPU’s) recent drives on global reform of the postal sector.
Oladapo said that UPU (of which Nigeria is a signatory), has urged member countries to adhere strictly to this directive.
“We believe that with the passage of the P&C services Regulations Bill, a proper regulatory body shall be established for the sector”, he said.
Nodding in agreement, Mrs Lara Okuneye, vice president (ANCO), said that from the Political point of view, the newly inaugurated government should not ditch the achievements recorded by the outgoing government rather push for the passage of the Bill.
According to her, this is an industry that all involved will benefit, with immediate impacts like job creation, and contribution to the gross domestic products (GDP).
Also, Toyin Adeojo, publicity secretary of ANCO, said that States and Local Governments share in the blame, as their agencies are all out to ‘snuff life’ out of the existing courier operators through multi-taxations and other obnoxious charges.
He called on the new governments to convoke stakeholders’ forum for further deliberations on how to restore the dignity of the courier sector in the country.
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NCAA Enforces Penalties on Five Airlines for Passenger Rights Violations
Nigeria Civil Aviation Authority (NCAA) has taken enforcement action against five airlines—two international and three domestic operators—for violations of Part 19 of NCAA Regulations 2023.
These breaches include failing to refund passengers within the stipulated timeframe, disregarding directives from the authority, mishandling luggage, issues with short-landed baggage, and problems related to flight delays and cancellations.
Michael Achimugu, NCAA’s director of public affairs and consumer protection, confirmed the development on Tuesday but declined to disclose the names of the sanctioned airlines.
Achimugu explained that while airlines are not always at fault for flight disruptions, NCAA regulations mandate specific actions they must undertake during such instances. Failure to comply with these directives results in penalties of varying severity.
Achimugu highlighted an uptick in passenger complaints about delays and cancellations, particularly during the festive season, with some disruptions attributed to harmattan-induced poor visibility.
“We all know that this is harmattan season, so there is poor visibility. Flights must get cancelled. This is force majeure, and the airlines do not owe passengers anything in those instances.
“The enforcement we are initiating today is on cases where the airline is deemed to have been at fault. More will come,” he said.
The NCAA plans to summon the chief executive officers (CEOs) of all airlines this week for a meeting to address flight disruptions and regulatory breaches.
Earlier, on December 10, the NCAA announced its intent to sanction airlines for delayed ticket refunds. Under Part 19 of the NCAA Regulations 2023, airlines are required to strictly adhere to refund timelines to protect passenger rights. Refunds for cash purchases must be made immediately and in cash, while electronic payments, including mobile apps and internet banking, must be refunded within 14 days.
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Firm Partners Access Bank to Train Youths in Digital Skills
NerdzFactory Foundation in collaboration with the Access Bank, has trained over 518 youths in digital skills. The two weeks virtual training, Youth Transition Program (YTP) 5.0, was meant to equip the youths for employment and digital skills and prepare them to excel in the competitive job market and unlock new economic opportunities.
Director of NerdzFactory Foundation, Ade Olowojoba, said the significance of the programme reflects the foundation’s mission to empower a new generation of leaders with the skills needed to thrive in an increasingly dynamic and digital global economy.
“Through initiatives like this, we are fostering innovation, resilience, and economic independence among young Nigerians,” he stated.
He disclosed that the programme succeeded in reaching its objectives. According to him, participants reported increased readiness for the workforce, improved digital skills, and enhanced entrepreneurial capabilities, which have positioned them to secure quality employment and launch their ventures. The programme has demonstrated the transformative impact of focused skill-building initiatives.
“NerdzFactory Foundation and Access Bank reaffirm their commitment to expand the reach of the Youth Transition Programme to empower more young Nigerians with the tools they need to achieve lasting success and contribute to Nigeria’s sustainable economic development,” he said.
The director noted that the programme launched in response to Nigeria’s high unemployment rate, delivered comprehensive training to empower participants with practical job search skills, digital marketing expertise, and knowledge of leveraging digital platforms for economic growth.
During the programme, some of the sessions included webinars and a virtual bootcamp designed to help participants develop workplace skills such as CV writing, LinkedIn optimisation, and effective use of digital workspace tools.
“By fostering economic independence and resilience, YTP 5.0 aligns with the United Nations’ Sustainable Development Goals, particularly Goal 4, on quality education and Goal 8, on decent work and economic growth,” he stated.
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Afreximbank and Ecobank Join Forces to Boost Trade and Compliance Across Africa
African Export-Import Bank and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market Trade Hub and Afreximbank’s MANSA Digital Repository Platform.
With the collaboration, African businesses will benefit from seamless shared services across the two platforms, with users of the Single Market Trade Hub able to easily leverage MANSA’s comprehensive database for efficient know-thy-customer (KYC) and customer due diligence (CDD) checks while MANSA platform users would, in turn, be able to directly connect to the Single Market Trade Hub to explore trade opportunities to expand their businesses across Africa.
The Ecobank Single Market Trade Hub connects registered businesses across Africa on a single platform, helping them benefit from opportunities in the unified market of 1.4 billion people created by the African Continental Free Trade Agreement (AfCFTA).
It serves as a one-stop repository for the AfCFTA by providing small and medium-scale enterprises (SMEs) and corporates with insights about the agreement while its online match-making feature enables importers and exporters to upload their profiles and showcase goods and services they offer, or wish to source, with the aim of finding partners within Africa.
Once a match is found, connections are made via the platform and the transaction can be concluded leveraging on Ecobank’s trade and payment solutions in 35 African markets.
The MANSA Digital Repository Platform, or MANSA, is a one-stop-shop for due diligence matters on all African entities. As a centralised digital repository, MANSA seeks to eliminate information asymmetry and to increase intra-African trade and trade with the rest of the world.
It drives and promotes good governance culture among African SMEs and creates visibility for their businesses while also supporting African entities to expand, diversify and add value to their export products at both the local and international levels. Entities onboarded unto MANSA are allotted an Africa Entity Identifier (AEI) code which enables them to leverage other Afreximbank products and initiatives.
MANSA is also a key digital solution at the Africa Trade Gateway (ATG) marketplace which houses a suite of digital platforms designed as a single window to enable Afreximbank better deliver on its mandate, providing critical services to support and promote intra-African trade and the implementation of the AfCFTA. The platform enables African entities to accelerate their business activities at the ATG marketplace by working with verified information on trusted counterparties.
The new collaboration is, therefore, enabling Ecobank and Afreximbank to provide a central solution to the key challenge of KYC compliance and access to business across 35 countries in Africa. The improved interoperability is expected to further streamline cross-border trade and compliance in Africa, fostering greater financial and economic integration on the continent.
Afreximbank is a pan-African multilateral financial institution established to finance and promote intra- and extra-African trade.
Ecobank Group is a leading private pan-African banking group with unrivalled African expertise.
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