NO job losses in NIPOST reform, Okoh assures labour

Director-General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has assured workers of the Nigerian Postal (NIPOST) that the on-going reform of the postal will not attract job losses or retrenchment, but will rather create more jobs in the subsidiaries that would emerge after the reform.

Receiving the leadership of the National Union of Postal and Telecommunications Employees (NUPTE), led by its , Rev. (Dr) Nehemiah G. Buba which paid him a courtesy visit on Wednesday, August 26, 2020, the D-G said that NIPOST after the reform would still remain 100 per cent entity of as the reform only aims at commercializing its services and making it robust to deliver more efficient postal .     

Head, Public Communications Amina Tukur Othman in a statement on Wednesday in

Abuja said already  three commercial ventures-NIPOST Properties & Development Company; NIPOST Transport & Logistics Company and NIPOST Microfinance bank Limited have been carved out of  NIPOST  which the  Bureau had completed the of NIPOST Properties & Development Company and NIPOST Transport & Logistics Company at the Corporate Affairs Commission (CAC) while the for at CAC and also that of obtaining regulatory approvals from the Central Bank of (CBN) for NIPOST Microfinance bank had also commenced.

The DG announced that the reform of the postal sector will lead to the emergence of Nigerian Postal Commission (NPC) as a regulator of the sector to ensure efficiency, delivery and check abuses. 

The of the National Union of Postal and Telecommunications Employees (NUPTE), Rev. (Dr) Nehemiah G. Buba commended for initiating the reform which is now a reality. 

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