NIPOST SHUTS DOWN RECALCITRANT COURIER COMPANIES

If you are among those people who think that Nigerian Postal Service (NIPOST) is comatose owing to the emergence of many courier firms all over the country which Nigerians prefer to patronize, you should have a rethink. NIPOST is still active and has an arm that regulates all the courier firms in Nigeria. Information reaching Tectono Business Review has it that the Courier Regulatory Department (CRD) of NIPOST has announced the closure of two companies operating courier services without licences in the country.

This development was made known by the Senior Assistant Post Master- General and Head of the Courier Regulatory Department of NIPOST, Dr. Simon Emeje, while addressing journalists in Lagos. He stated that NIPOST had to shut down the two illegal operators as well as revoke licenses of 10 operators in Lagos.

According to Dr. Emeje, NIPOST’s action is as a result of breach of guidelines in setting up the courier firms, and to serve as deterrent to other courier firms that have similar intentions and also to safeguard the nation’s economy.

Tectono Business Review was reliably informed that OJ Transport Company Nigeria Limited in Jibowu, and Happy Family Motors in Ojuelegba were shut down by NIPOST owing to lack of operating licence and the companies whose licences were revoked are:

·         Candid Care.

·         Delta Line Courier.

·         Don Chris Integrated.

·         Edo Courier.

·         Impex Worldwide.

·         Izu Courier.

·         KTA Freight Service.

·         KSP Shipping and Logistics.

·         Service Solutions.

·         Speedmark Courier.

Dr. Emeje said: “The clamp down on these companies is because they don’t have license and by law it is illegal. Also the revocation of 10 licenses is because they owe the Nigerian Postal Service for five years now. The action by NIPOST is also to introduce sanity in the industry and create a better society. It’s a national assignment and equally very essential for the sanity of the courier sub-sector. Further clampdown of courier companies will be effected should the need arises because of the critical nature of the subsector to the nation’s economy.”

Dr. Emeje maintained that sanitising the courier sub-sector became necessary in the interest of investors and lamented that despite the profitability of the sector, much of the sector had gone untapped. He, therefore, called on support from the government, captains of industry, individual, groups including corporate bodies to invest more in the courier business to help buoy the economy.