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Bosun Tijani: Nigeria Considers Franchise System for Postal Service Revitalization

riyi by riyi
October 3, 2023
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Nigeria’s Telecom Sector: A Beacon of Hope amidst Challenges  – By Johnson Ademola 
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In a recent presentation at The Platform, an Independence Day Anniversary event organised in Lagos by Pastor Poju Oyemade’s The Covenant Nation. Dr. Bosun Tijani, Nigeria’s Minister of Communication, Innovation, and Digital Economy, disclosed plans to introduce a franchise system into the Nigerian Postal Service (NIPOST).

The minister emphasized the critical role of NIPOST in connecting various sectors of the nation’s economy, underlining its impact on Nigeria’s Gross Domestic Product (GDP).

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Tijani highlighted the interconnectedness between a functional postal service and a vibrant economy. He stated that if NIPOST fails to meet expectations, sectors such as agriculture and commerce would be hindered from contributing to the nation’s GDP. To address this, the government is exploring the concept of turning NIPOST into a franchise system.

Under this envisioned model, young entrepreneurs could potentially own and operate NIPOST locations. While not outright ownership, the government would franchise out these locations, providing an opportunity for private individuals to manage them. The minister emphasized that these franchise locations would extend beyond traditional mail delivery services.

Tijani envisions a transformed NIPOST franchise that becomes a multifunctional hub. In addition to mail services, these locations could serve as points for passport registration, banking activities, and various other business transactions. The goal is to reimagine NIPOST as not just a postal service but as a versatile business center that caters to diverse needs.

This initiative reflects the government’s commitment to modernize and revitalize NIPOST, ensuring its relevance in a rapidly evolving digital and economic landscape. The proposal aligns with broader efforts to leverage the postal service for comprehensive community services, making it a hub for essential services beyond mail delivery.

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