Nipost Earns N3.3bn in 2004
Nigerian Postal Services (NiPost) raked in a total of N3,301,050,514.57 as internally generated revenue (IGR) for the year 2004.
Minister of Communication, Chief Cornelius Adebayo who stated this during the official launching of NiPost’s Logo and Postmen Uniform, disclosed that the organization is striving to meet a new target of 48 hours delivery.
Chief Adebayo who reiterated that NiPost has turned out to be an enviable parastatal of the communication ministry, pointed out that apart from being the official courier of the presidency for local and international mail, “NiPost” is now the benchmark for mail circulation in Africa as declared by the Universal Postal Union (UPU).
He explained that NiPost had purchased 359 new motocycles, Eight new Peugeot partner vans, 17 fairly used Starlet cars and four Mitsubishi cargo buses as part of its repositioning effort.
According to him, the launching of a new logo and uniform is to assist in sensitizing the general public of the desire of the organization to take postal service to lofty heights.
Warning the postmen against mail fraud, Chief Adebayo re-emphasized the commitment of the present administration towards eradication of financial and economic crimes.
In his own welcome address, Post Master General of NiPost, Abubakar Argungu promised that the new Logo and Uniform will not act as corporate identity alone but as a mark of determination for hard work and better quality.
Argungu stated that NiPost which came into existence about 20 years ago following its separation from Nigerian Telecommuication Limited (NITEL) has outgrown its ailing stages and is now the model of standard postal service in Africa.
