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FG Dismisses Increment Of License Fee For Courier Service Providers

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Isa Pantami, Minister of Communication and Digital Economy
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The Federal Government on Saturday, rejected the proposed increment of license fee for courier services by the Nigerian Postal Service, NIPOST.
NIPOST’s proposed increase as announced, has generated controversies in the public domain.

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The Minister of Communication and Digital Economy, Isa Pantami, in a tweet, maintained that the increase was not part of the regulation he approved for the agency on Friday, July 24.
“Our attention has been drawn to an increase of licence fee, which was not part of the regulation I earlier approved for you,” he stated.
Follow up tweets include:”The increase, is under investigation by my office, since yesterday. The Ministry and the Minister were not involved. Many thanks and best wishes!
Recall that the new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods.
According to NIPOST, companies which provide international courier services like DHL, UPS and FEDEX, are expected to pay N20m for a new licence and N8m annually while those who offer national services are expected to pay N10m for licence and N4m yearly for renewal.
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