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FEC approves Nigeria Postal Commission Bill

By Emeka Aginam

EFFORTS at reforming the Nigerian postal sector, especially Nigerian Postal Service, NIPOST, have received a major boost as the Federal Executive Council, FEC, has approved the Nigeria Postal Commission Bill 2014.

Accordingly, the Bill will be forwarded to the Legislature for passage into law.

The passage of the Bill into law is expected to promote the provision of modern universal, efficient and easily accessible postal services.

Speaking on the approval of the Bill , Minister of Communication Technology, Dr Omobola Johnson, described it as: “a timely impetus to push harder and further with the reform of the Nigerian postal sector, and we look to the Legislature to quickly pass this into law.”

According to the Minister, “the passage of the Bill into law will allow for the establishment of an effective, impartial and independent regulatory authority for the postal sector; and this will help to ensure fair competition in the postal industry.”

”Such a move will introduce greater transparency and predictability in the sector and will encourage private investment and development of the broader economy practically every sector of the economy depends on service providers in the postal industry.”

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