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BPE assure workers of no job losses in NIPOST reform


Director General of the Bureau of Public Enterprises (BPE), Alex Okoh has assured workers of the Nigerian Postal Service (NIPOST) that the on-going reform of the postal service would not attract job losses but rather create more jobs in the subsidiaries that would emerge after the reform.
He gave the assurance when he received the leadership of the National Union of Postal and Telecommunications Employees (NUPTE), led by its President, Nehemiah Buba.

The Director General said that NIPOST after the reform would still remain full entity of the Federal Government as the reform aimed at commercialising its services and making it robust to deliver more efficient postal service.


He informed the labour leaders that already three commercial ventures-NIPOST Properties and Development Company; NIPOST Transport and Logistics Company and NIPOST Microfinance bank Limited have been carved out of  NIPOST.

He said the Bureau had completed the registration of NIPOST Properties & Development Company and NIPOST Transport and Logistics Company at the Corporate Affairs Commission (CAC), while the process for registration at CAC and that of obtaining regulatory approvals from the Central Bank of Nigeria (CBN) for NIPOST Microfinance bank had also commenced.
In a statement by the Head, Public Communications, NIPOST, Amina Tukur Othman, Okoh reiterated that the benefits of the reform of the sector include, the provision of efficient postal services and utilisation of vast assets of NIPOST across the country; reduction in funding from the treasury in terms of subventions to NIPOST and the operation and growth of ancillary services and business to enhance the overall efficiency of NIPOST to create more jobs.


He 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, service delivery and check abuses.
The President of the National Union of Postal and Telecommunications Employees (NUPTE), Rev. (Dr) Nehemiah G. Buba commended the Federal Government for initiating the reform, which he said is now a reality.

He expressed delight over the visit as some of the issues pertaining to the reform, which were hitherto not known to the workers, have been laid bare by the Bureau. 

It would be recalled that the National Council on Privatisation (NCP) at a meeting held on 31 October, 2017, approved the reform of the Postal Sector and the restructuring and modernisation of the Nigeria Postal Services (NIPOST).


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