NIPOST, the managers of our good old “Post Office” recently released a memo that might change how delivery businesses run. The memo list new license fees that logistic companies must pay in order to run their businesses legally.

The Nigeria Postal Service (NIPOST) is a unit under the Federal Ministry of Communication and Digital Economy. NIPOST has offices in almost every city in the country and is where locals usually go to send mail and receive parcels.

According to the memo, international courier services like DHL, FEDEX and UPS are required to pay a fee of 20m Naira for a new license and 8m annually for renewal. The next category (Logistics with the country), are required to pay 10m Naira and 4m Naira for annual renewal. For regional delivery, companies will pay 5m Naira and 2m Naira for renewal. NIPOST listed 6 categories of courier and logistics companies. Below is an image of the memo gotten from the internet.

Earlier this year, a move by the Lagos state government to ban motorcycle taxi (Okada) meant a total U-turn for startups running motorcycle taxi. Companies like Gokada, Opay and Max had their own apps that connect Okada riders with passengers.

Source: https://punchng.com/protests-as-nipost-imposes-new-charges-on-courier-services/

Are you dreaming of starting a logistic business, how do you feel about this?

Woo hooo!! We made fp You also check my original post and other local tech/startup stories on my tech blog TownCryer

How much do they make to pay all these?

A fee hyke to this companies is a fee hyke to Nigerians, let's watch it as the Buhari price increase of virtually everything continues daily.

hisgrace090:
A fee hyke to this companies is a fee hyke to Nigerians, let's watch it as the Buhari price increase of virtually everything continues daily.

most likely the next thing we will see if this pushes through.

Thank God say Buhari no be God, he for don dey ask money for being alive.

Damnnnnn niggarrr
Isoright

I guess with this we niggarrrz from the street gonna increase our billing..........

Courier service format remain one of the best tools in the game

Imagine buying a delivery bike of 150k just to be able to make a living and I have to pay 1million naira to register the business. This country is completely messed up!!!

NIPOST full of thieves! Even if they charge 1M per item they will still steal the heck out of customers goods!!

Plain t-shirt 1,5k delivery 7k

Ok

hmmmmm
.
meanwhile I'll design a brand logo for your business for just 3k

Na wa oh...this administration will just kill SMEs

Why would that happen? But why is Buhari regime like this,, nothing is working for the poor masses,,, Buhari why? Ordinary Nipost too? DSTV is killing us, Nepa is killing us, now Nipost,,,there is Godu o

With all this fees to send common envelop will be N10k. But why is Nipost detecting in an industry they fail woefully

Na wa o, the price of everything is just on the rise and the average man's income is still the same

Buy, sell or swap phones on https://phonedey.com.ng

E remain small...we go dey pay tax on top the food wey we dey chop and the air we breathe in

this matter no concern common man
.
meanwhile I'll design a brand logo for your business for just 3k

Narrator: GEJ is the most clueless person in the world.

Buhari: Hold my fura de nunu.

The thieves even asked the companies to attach their "Business Plan".

If you want to start a Logistics business, then don't register it with CAC or join the Association.

Na person wey join the Association dem dey tell say him no get licence.

Just another source of income for them since their inconsistency has made Nigerians patronize them less.
Las las, na consumers go still pay this money.

6% on house rent and c of o's

Now this

Lmao. I remember telling someone we'll pay for the stupid loans we keep borrowing, especially the lower n middle class trying to survive coz na we plenty pass. Loan wey we no see its use.

Its happening already n it's just the beginning.

Apc ijoba hardship. Well i no need complain, i dey part of people wey support buhari that time, my
body don calm now, i no fit cry ni. suffering and smiling

This govt is incentive to the people. More money for rehabilitation and reintegration of repentant Boko Haram beasts

Our Government keeps looking for an avenue to make things difficult for us.
They just hate us.

What was the previous price?

thunder scatter buhari Insha'Allah amin

1.Why should a player be a regulator concurrently? Can we have Post delivery commission to regulate the activities of Courrier companies Nipost inclusive?

2. Why such an increase considering the adverse effects of Covid-19 on business. Most businesses are hardly breaking even.

3. The harsh economic environment should have considered considered before such hike in fees. Delivery vans ply pothole ridden roads. They also manuevere through unsafe roads as they get attacked from time to time by hoodlums/armed robbers/ kidnappers.

4. In other countries, governments have consistently rolled out stimulus packages to organizations to stay afloat. The reverse is the case here.

Buhari government is anti prosperity and pro poverty. Shame on every single being that voted him

Nigeria is a land filled with demons leading us they want to kill sme businesses at all cost..

directonpc:


Source: https://punchng.com/protests-as-nipost-imposes-new-charges-on-courier-services/

""Good old post office""
Lol

Wetin people no dey use nai Dem dey wan impose such charges on.

This country Sha. Tueh