NiPost – BPE seeks passage of postal reform bill, universal fund

BUREAU of Public Enterprises (BPE) has canvassed the speedy passage of the postal reform bill, as a foil against yearly N2.2 billion operational losses currently being incurred by the Nigerian Postal Service (NIPOST). Besides, BPE has called for the establishment of a Universal Postal Sector Fund, which would be funded by a levy on all postal operators and the Federal Government, to serve as compensation to NIPOST for the cost of providing commercially unviable universal service.

Meanwhile, barring unforeseen circumstances, the Lagos State Government has concluded plans to phase out the present commercial transport system in the state for a new regime by the end of the year.

Specifically, the state government explained that the proposed transport system would usher in some reforms in the sector, as commercial bus drivers would be required to insure passengers, while new identity cards will be issued to drivers and conductors.

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