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How We Repositioned NIPOST in 2 Years — PMG
Dr. Ismail Adebayo Adewusi, postmaster general of the Federation, on Tuesday reeled out steps taken by the agency to reposition itself in line with the modern global business realities since he assumed office two years ago.
Adewusi was named the Chief Executive Officer of the Nigerian Postal Service on December 23, 2019 by President Muhammadu Buhari.
Speaking at an interactive session in Abuja on Tuesday, Adewusi said though the pandemic which struck few months into assumption of office almost stalled a comprehensive reforms package he came to NIPOST with, he explained that COVID-19 and its impacts however opened new world of possibilities which his administration did not waste time to leverage.
The Postmaster General said the pandemic rather hastened the process of digitalisation of the agency’s processes, adding that two years down the line, customers of NIPOST are seeing the changes, which have been brought to bear on its operations.
Adewusi, who expressed appreciation to President Buhari and Prof. Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, for what he called their commitment to the advancement of digital economy, listed a number of initiatives NIPOST had explored to boost business and enhance operations.
He added that the achievements of the last two years could also not have been possible but for the cooperation enjoyed from the National Assembly through the Senate Committee on Communications and its House of Representatives counterparts.
He said Senator Oluremi Tinubu, chairman Senate Committee on Communications, and Hon Hakeem Adeyemi, House Committee Chairman, played crucial roles in the successes recorded by NIPOST.
He said within the period in review, the African Development Bank partnered with his agency over its agricultural programme with a view to using its facilities.
He said: “The African Development Bank sought partnership with NIPOST to drive agricultural transformation in Africa’s economy with the Special Agro-Industrial Processing Zones initiative.
“The objective being to produce large stocks of marketable products using NIPOST’s warehousing, logistics and financial services.
“This initiative we, as an organisation, seek to explore to contribute to the economic development of the country while also expanding our revenue base.”
Towards more efficient service delivery, Adewusi said his agency has embarked on replacement of old infrastructure with new ones.
He cited the instances of new delivery trucks, refurbished postal outlets and acquisition of technology devices to enhance delivery.
He added: “The quantum leap in e-commerce necessitated drastic measures to cope with the surge in parcels/packet deliveries. NIPOST collaborated with a number of private transporters and logistics companies like Speedaf to ensure seamless deliveries.
“Recently, six additional new high tonnage trucks were acquired for e-commerce and logistics. This acquisition has greatly boosted the quality of service. Just as the collaboration with Speedaf Logistics Nigeria Limited led to the acquisition of 27 new 10, 20, and 30 tonnage trucks into our fleet.”
Revealing that under his watch, NIPOST has established the first digital centre in Enugu, Adewusi said the new face his administration is building for the agency will change the mindset of Nigerians on the ability of the agency to deliver world class services in logistics.
He said: “In last two years, some of our Post offices have been transformed into smart post offices.
“These include Eruwa, Awe, Omu-Aran, Gombe, Oshogbo, Ogbomoso, Ado Ekiti, Enugu Post offices.
“We want to transform the Post offices into hubs, a one-stop-shop, where citizens can access a number e-government services like applying for driver’s license, international passport, NIN registration, etc.
“This idea has become indispensable in new – normal world we live today.
“Also, the Nigerian Postal Service, under my supervision, has established its first digital center in Enugu, which includes computer-based training test (CBT) center, and other online transaction platforms.”
Expressing high hopes that the newly passed Postal (Repeal) Bill will further boost NIPOST business opportunities, the NIPOST boss said the Finance Act which has now conferred on the agency a role in stamp administration, the approval of new courier regulatory frameworks are all parts of the new developments which have substantially altered the way NIPOST does business.
He said: “I am very happy to inform you that today, we have a success story to tell, with the approval of a new courier regulation after 19 years.
“The last regulation was last reviewed in 2001.
“The new regulation empowers NIPOST to regulate the courier and logistics industry, checkmate the activities of logistics and courier companies in the country.
“The new regulations would sanitise the logistics ecosystem and put in check nefarious activities of the criminal-minded operators.
“Another milestone is the passage and signing of the amended Finance Act, 2020 by President Muhammadu Buhari to give NIPOST a role in the administration of Stamp Duty in Nigeria.
“It is gratifying for us to note that NIPOST (Repeal) Bill was passed by the Senate and House of the Representatives and it is awaiting assent by the President Muhammad Buhari GCFR.
“I am of great belief that the Bill, when signed, will reposition NIPOST for better service delivery.”
Adewusi also listed collaborations with agencies of the government such as the Economic and Financial Crimes Commission and National Drugs Law Enforcement Agency as part of efforts to ensure NIPOST plays crucial roles in national development and the battle against crime and drugs abuse.
He expressed optimism that things will further look up in the days ahead adding that a solid foundation has already been laid for better service delivery.
He said: “Giving the modest achievements we have recorded in the last two years of my administration, it is my candid belief that we are on the right track and determined to reposition NIPOST to an enviable height for effective service delivery to the citizenry.
“As we braced up to confront emerging challenges in the digital world, NIPOST is working assiduously to remain a veritable force to reckon with in the courier and logistics industry.”
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Participants at the event
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
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