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In a bid to get innovation everywhere, the Nigerian Postal Services is planning to introduce banking services to rural areas.

In a statement made by the Minister of Communications, Adebayo Shittu, he mentioned that there is an effort to restrategize NIPOST to make it more active and diversify its services.

He informed the News Agency of Nigeria (NAN) on Sunday in Abuja, that the banking services would provide Nigerians in rural areas the opportunity to carry out banking transactions.

Upon commencement of mobile (GSM) operations in Nigeria, NIPOST has witnessed a decline in sales especially for postage stamps and other services they provided. However, some major areas for repositioning have been identified and would very soon, be included in the mandate of the service.

Shittu listed some of them to include internet services in all NIPOST locations, an introduction of rural banking, property development and e-commerce.

They are also looking at consolidating the capacity of NIPOST to engage in property development, recalling that most rural communities have expanse lands not in use. He mentioned the possibility of sourcing the project to the private sector in this statement: “we are seeking a private-partnership arrangement with private sector developers to construct and rent out office blocks, malls and even high-class residential houses to enable us generate revenue.’’

On the e-commerce platform, the ministry has finalised arrangements to appoint a new Post-Master General who will be kick-starting the reforms for NIPOST.

Author: Cerebral Lemon