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NIPOST On Advanced Stage to Block Leakages with Technology- Adegbuyi

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Barrister Bisi Adegbuyi, post master general of the Nigeria Postal Service (NIPOST), has reiterated that the new leadership will deploy technology to tackle financial and other leakages in the Service.

Adegbuyi made the remark in an address at the Bulkpost Venture Customers Forum held at Sheraton Hotel, Ikeja on Thursday, alluding to the fact, this is the first in the history of the Service that Federal Government would choose a Post Master General from the private sector.

The PMG said that President Muhammadu Buhari as an apostle of change and zero tolerance for laziness and corruption decided to take the bull by the horn, with the mandate to reorganising, repositioning and re-orientating the entire dynamics of the Nigeria Postal Service (NIPOST).

He said that it is in the mandate of the new leadership to abide by the global standards, deploy technology to block leakages and increase the revenue base.

Adegbuyi said, “Deployment of technology to tackle leakages is paramount in our drives to serve the customers better, because if our competitions serve the customers better we will lose out. Also, now that the ‘party’ is over; the dependence on monopolistic product is over, we are ready to deploy technology to tackle leakages and through that increase our revenue”.

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He added that NIPOST will queue-in into the knowledge-based economy and digital convergence drives of the Federal Government promoted by the Ministry of Communication.

“It is very pertinent to start by saying that world-wide this postal brand is not just known; but very powerful, one of the most critical social roles of the Post is connecting he world through postal service. However, in today’s highly competitive scenario, a dynamic postal brand must represent far more than traditional service to the public,” the PMG said.

According to him, to continue to be relevant in today’s dispensation, a postal brand must not only proactive but must also evoke trust, security and highly qualitative service that is able to enhance customers’ loyalty.

“Knowledge-based economy is the way forward, because it leverages on the dynamics of the citizens and Nigeria cannot be different. We need a convivial environment for discussions and I believe the Bulkpost Venture Customers’ Forum is one of such platforms. We need robust ideas on how to judiciously deliver on the mandate using available resources. NIPOST only needed a leader to show the way because we have competent men and women in the Service to deliver on the mandate.

“Postal administrations world over today, face series of challenges in an attempt to achieve maximum efficiency and excellent quality of service. However, as customers’ expectations and demands continue to grow, the post has also risen to the occasion by striving harder to be more customers friendly through networking, partnering and knowledge sharing while deploying ICT to enhance efficient service delivery,” he added.

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Conscious of the critical role of feedback in today’s mailing business; Bulkpost Venture introduced the customers’ Forum/lecture/dinner and awards night in 2001 as an avenue for interaction amongst the stakeholders in the capital market specifically and bulk mailing industry in general.

“However, the theme of this year’s forum ‘The Impact of the Action and or Inaction of the Capital market Major Players on the Financial Prosperity of NIPOST’, is a demonstration of our grave concern for the unimaginable downturn in the revenue accurable to the Federal Government through NIPOST from this sector of the economy,” he said.

The PMG said that as revenue generating agency of the Federal Government, so much is expected from the sector especially with the fall of the oil revenue to the federation account.

He however said that what is really intriguing about the introduction of compact discs (CDs) some years back and recently, SMS as replacements for hard copy AGM reports and notice of meetings was that unlike the e-dividends, e-bonus, etc, there was neither prior notice nor any form of sensitization program seeking the opinion of other stakeholders.
 
“While cutting cost is quite apt in business setting, we sincerely believe that all stakeholders in the capital market mail delivery chain. Even though as an organisation we are not opposed to ‘change’ especially as related to the deployment of ICT by Registrars and company secretaries in the mailing business, we are bothered about the sudden turn of event. For instance, was the interest of shareholders who are in the rural areas and have no access to computers and the internet facilities or the kind of phones to download the reports put into consideration? Was any thought given about the impossibility of sitting down to read the whole report at once? Not forgetting that hard copy paper documentations are almost immoral in nature whereas, one may lose his GSM phone, tablet or computer, loss of devices’ memories and virus infestation may cause loss of documents.

“As we take flight to e-platforms, I think all these should be carefully considered by Regulators and other stakeholders here present. Even in developed countries of world, certain documentations are still being done ‘hard copy way’”, he explained.

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(L-r): Dr. Mike Umo, general manger, Bulkpost; Bala Wambai, deputy post master general, Mail Operations; Rotimi Olaniyan, president of Direct Marketing Practitioners Association of Nigeria; Barrister Bisi Adegbuyi, post master general of NIPOST and wife, at Bulkpost Venture Customers’ Forum held in Sheraton, Ikeja on Thursday.   


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NUPRC Warns of Counterfeit,  AI-Generated Appointment Letters

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Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cautioned the public against fake recruitment offers and fraudulent employment letters circulating in the agency’s name.

NUPRC Warns of Counterfeit,  AI-Generated Appointment Letters

Eniola Akinkuotu, head of Media and Corporate Communications of the Commission, stated that NUPRC has received reports of counterfeit and AI-generated appointment letters bearing names not known to the regulator.

The Commission also said fraudsters have been extorting money from jobseekers by promising placement within the agency.

NUPRC has reported the incidents to law enforcement and said investigations are underway.

The regulator reiterated that there is no ongoing recruitment exercise and warned members of the public not to make any payments for supposed job offers.

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“Whenever the Commission decides to recruit, the process will be conducted strictly in accordance with extant laws and government regulations,” the statement said.

The Commission urged jobseekers to verify any purported offer and to rely only on official NUPRC communications for recruitment information.

The warning follows growing concerns about the misuse of digital tools, including artificial intelligence, to fabricate apparently authentic documents that can deceive the public.

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Africa50 Secures Fresh Capital, Strategic Partnerships to Accelerate African Infrastructure

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Africa50, the pan-African infrastructure investment platform, has secured new investment commitments and strategic partnerships with international investors and Tanzanian institutions aimed at mobilising capital for infrastructure development across Africa.

The agreements, announced at the 2026 Infra for Africa Forum in Dar es Salaam, include a US$20 million commitment from British International Investment (BII) to Africa50’s Infrastructure Acceleration Fund (IAF), as well as partnerships covering natural gas, electricity transmission and healthcare infrastructure in Tanzania.

The latest commitments bring the IAF’s total capital commitments to approximately US$330 million.

Under one of the major agreements, Africa50, Tanzania Petroleum Development Corporation (TPDC) and TAQA Arabia will develop the first phase of a small-scale liquefied natural gas (LNG) project designed to distribute domestic natural gas to industrial and transportation customers across Tanzania.

Africa50 is partnering with TAQA Arabia and TPDC on the project, providing project development, investment and financial structuring expertise to develop a bankable model that could be replicated in Tanzania and other markets.

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Mussa M. Makame, Managing Director of TPDC, said the partnership demonstrated Tanzania’s commitment to leveraging its natural gas resources to support national development.

“As a gas supplier to this project, TPDC will work with the project partners to broaden domestic access to cleaner, reliable energy and create greater value for the Tanzanian economy,” he said.

Pakinam Kafafi, CEO of TAQA Arabia subsidiary Rosetta Energy Solutions, said the LNG project would convert Tanzania’s gas resources into reliable energy for industry, communities and transportation.

“This project will turn Tanzania’s abundant gas resources into reliable energy for industry, communities and transport, strengthening energy security and accelerating industrialization,” she said.

Africa50 also signed a Memorandum of Understanding (MoU) with Tanzania Electricity Supply Company (TANESCO) to collaborate on electricity transmission Public-Private Partnerships (PPPs).

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The partnership is expected to facilitate Tanzania’s first Independent Power Transmission (IPT) project, drawing on Africa50’s experience with its IPT project in Kenya.

Engineer Timoth Mgaya, Acting Managing Director of TANESCO, said the partnership would help Tanzania attract private capital and strengthen its transmission infrastructure.

“Partnering with Africa50 provides Tanzania with strategic project-development and financing expertise as we unlock private capital for Africa’s transmission infrastructure,” he said.

The agreement, he added, would contribute to the development of East Africa’s power market while supporting industrialisation, economic integration and inclusive growth.

In the healthcare sector, Africa50 and Tanzania’s Ministry of Health signed an MoU to expand access to renal care and dialysis services for patients suffering from kidney diseases.

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The partnership is expected to provide healthcare infrastructure, reliable medical equipment, experienced operators and long-term investment to strengthen the country’s capacity to deliver life-saving renal services.

Meanwhile, BII’s US$20 million investment in the IAF makes the UK development finance institution the latest Limited Partner in the fund.

BII and Africa50 also signed an MoU to deepen cooperation and identify opportunities for co-investment and further mobilisation of capital into African infrastructure.

The IAF invests in equity and quasi-equity opportunities across power, transport and logistics, water and sanitation, digital infrastructure and social infrastructure.

The fund leverages Africa50’s relationships with African governments, corporates and project developers to deploy capital into infrastructure projects with strong commercial and development potential.

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Leslie Maasdorp, Chief Executive Officer of BII, said the partnership would help mobilise additional capital into sustainable infrastructure across Africa.

“Africa’s infrastructure needs are significant, but so are the opportunities,” Maasdorp said. “By combining our expertise, networks and capital, we can help unlock investment that drives growth, creates jobs and improves lives.”

Alain Ebobissé, Group CEO of Africa50, said the new partnerships reflected the organisation’s evolution from a project development institution into a major infrastructure investment platform.

“Africa50 was created to develop bankable projects, mobilize finance for investments in Africa’s infrastructure and accelerate delivery,” he said.

According to Ebobissé, the organisation is now positioned to scale up infrastructure investment by translating the vision of African leaders into commercially viable projects capable of attracting capital from both African and international investors.

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The agreements were announced as Africa50 marked its 10th anniversary under the theme, “A Decade of Economic Impact: From Vision to Delivery.”

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MTN Engages UNILAG, YABATECH Students on Careers in Technology, Finance, Cybersecurity

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MTN Nigeria, leading technology company, recently hosted undergraduates from the University of Lagos (UNILAG) and Yaba College of Technology (YABATECH) for an immersive career engagement session, at the MTN Rooftop Plaza, Ikoyi, Lagos.

MTN Engages UNILAG, YABATECH Students on Careers in Technology, Finance, Cybersecurity

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The event exposed students to career opportunities across cybersecurity, finance, internal audit and forensic investigations while providing practical insights into the skills required to succeed in today’s workplace.

The session was designed to bridge the gap between academia and industry by helping students better understand the diverse career paths available within the telecommunications and technology sector.

The engagement brought together students studying Economics, Banking and Finance, Cybersecurity and Accounting, providing an opportunity to interact directly with professionals from various business functions.

Through presentations and discussions, participants gained a deeper understanding of the competencies, experiences and continuous learning required to build successful careers in a rapidly evolving business environment.

The engagement comes at a time when technology-related roles, including cybersecurity specialists, are among the world’s fastest-growing occupations, according to the World Economic Forum’s Future of Jobs Report 2025.

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During the visit, the students met with senior cybersecurity and forensic professionals who shared insights into their respective fields and discussed emerging trends shaping the future of work.

The sessions also highlighted the wide range of career opportunities available across different fields, demonstrating that success in the industry is not limited to any particular course of study.

Undergraduates were also introduced to the evolving nature of the audit profession, as data analytics, artificial intelligence and cybersecurity are becoming increasingly important areas of focus for internal auditors.

During a session on building a meaningful career in Internal Auditing, undergraduates were encouraged to approach their professional journeys with purpose, continuous learning and a commitment to personal growth.

The session emphasised that career success extends beyond securing employment and involves developing relevant skills, understanding one’s strengths and intentionally pursuing opportunities that align with personal values and long-term goals.

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Speaking during the engagement, Chief Internal Audit and Forensic Services Officer, Ibe Kalu Etea, represented by the General Manager, Internal Audit and Forensics, Wasiu Ibrahim, encouraged the undergraduates to remain open to opportunities beyond their academic backgrounds and focus on developing transferable skills. “Students can take any career path they want to. You can upskill and transition into a different career, even if it is not what you studied in school.

“Do not let your course of study determine your career path. Focus on building relevant skills, staying curious and continuously learning because opportunities exist across many fields,” he said.

The Undergraduates also participated in an interactive question-and-answer session, where they sought guidance on career development, workplace expectations and professional growth.

The initiative reflects MTN Nigeria’s commitment to nurturing future talent by connecting young people with industry leaders and equipping them with the knowledge, exposure and confidence needed to navigate their career journeys.

 

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