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Shittu Lists 5 Companies That Will Emerge from NIPOST [SEE NAMES]

by InsideOyo
May 27, 2018
in Political News
0
Shittu Doubts APC Winning 2023 Election, Hails Makinde On Prompt Payment Of Salaries
">

Saki-born communications minister, Barr. Adebayo Shittu has disclosed that Nigeria Postal Service (NIPOST) will soon be unbundled into five companies.

Speaking at the 4th series of the INDO-AFRICA ICT EXPO 2018 on Digital Transformation in Lagos, Shittu explained the plan is to transform NIPOST from transmission of letters and postal materials to a profitable venture.

The postal agency will give birth to:

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1. NIPOST Banking and Insurance Company

2. NIPOST Property and development Company

3. NIPOST Transport Company

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4. NIPOST e-Commerce Services and

5. NIPOST e-Government Services Company.

“These five new companies are platforms within which investors can make enquiries, come in and invest; the opportunities within these five companies will be limitless, “Shittu stated.

The Minister called on the private sector, particularly those whose businesses are driven by Information and Communications Technology (ICT) to take full opportunity of the Indo-Africa ICT Expo.

According to him: “It is not enough for Nigerian businesses to be mere marketers of ICT products and services.

“They must rather collaborate with the right group to establish ICT platforms and factories that will promote skills training and employment opportunities in the country.

“Foreign ICT companies that want to do business in Nigeria must be prepared to establish ICT factories in Nigeria.”

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Tags: Barr. Adebayo ShittuINDO-AFRICA ICT EXPO 2018Nigeria newsNIPOSt new companiesNIPOST newsoyo state newsSaki-born communications minister
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