• Contact Us
  • About Us
Friday, March 27, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Companies and Markets

NIPOST revokes licences of 30 courier companies

metro by metro
November 15, 2018
in Companies and Markets
0
0
SHARES
0
VIEWS
NIPOST
NIPOST

The Courier Regulatory Department (CRD) of the Nigerian Postal Service (NIPOST), has revoked licences of 30 courier companies in the country.

The General Manager, CRD, Dr Ishaya Diwa, made the disclosure at a media briefing in Lagos on Thursday.

Read Also

Currency Markets Drift As Traders Sceptical Of US Efforts To End Iran War 

Blackstone’s Flagship Private Credit Fund Posts First Monthly Loss In Over Three Years 

Ogiemwonyi, Others Express Concerns Over SEC’s Capital Hike, Say Encourages Survival Of Fittest

Diwa said that the licences of the companies were revoked because the operators were not complying with the rules and regulations governing courier services.

“For the past two years, the CRD of NIPOST has consistently been trying to sanitise the courier industry with its continuous events such as clamping down of companies.

“We need our courier operators in the country to work with the best standard as courier business is a worldwide business and any form of infringement will tell bad for the country.

“This revocation is also a means of making the environment conducive and worthwhile for operators to thrive,’’ he said.

He said that the revoked courier operators were spread across the country but majority of them were in Lagos.

Diwa said that the criteria for revoking the licences were based on lack of renewal of licence upward to three years and activities done not in tandem with rules and regulations of NIPOST.

He, however, cautioned the public to be aware of the revoked operators and desist from working with them.

Diwa said that revoking an operator’s licence was not a death sentence.

He said that if an operator changed the mode of operations, it would have to meet certain criteria, pay the backlog of the penalty; before it would be taken back.

Diwa said that the biggest challenge facing the CRD was that the smaller operators did not have fixed addresses where they would be seen physically.

He said that economic reasons were good reasons for the operators to be cutting corners.

“The department has always been relaxed in enforcing rules but unfortunately Nigerians like to take advantage of things with impunity.

“It is good to have a small and neat courier business in the country than having the proliferation of services.

“Presently, we have 108 courier companies that are healthy and financially stable unlike when they were 300.

“The operators renewal fees in the country is about the cheapest in the world; N350,000 in a year. It is just that our people like taking short corners and that is not good for business,’’ Diwa said.

He listed: Abex Express, Benop Courier Ltd., Best Courier Ltd., Betkey International Venture Ltd., B-Flex Express Service Ltd., Blue Star Courier and Logistics Services Ltd., Business Messenger Nigeria Ltd., Dealdey Swift Ltd., and Fair Plus.

Others are: Fleet Courier Ltd., Gbuzzorr Delivery Service, Greater Washington Capital Ltd., Green White Express Logistics, IMO Transport, Kaoline Ventures Ltd., Macdon Express Courier Ltd, Migfo Express Courier Freight, Okoli Express, and Vee Express Delivery Services.

The remaining ones are: One-on-One Parcels Ltd., Pele Express, Quick Link Express, Quo Courier and Logistics, Skyhigh Express Nigeria Ltd., Speed Express Courier Ltd., Speed Mails Express Ltd., Speedmark Courier, Thanet Deliveries, Total Quality Express Services, and Universe Courier.

Tags: NIPOST
Previous Post

APGA suspends 3 lawmakers over Anambra impeachment saga

Next Post

DPR cautions depot owners over unlicensed marketers

Related Posts

Amid Rising Global FX Reserves, Nigeria’s Share Fall To 0.26%
Companies and Markets

Currency Markets Drift As Traders Sceptical Of US Efforts To End Iran War 

March 25, 2026
Blackstone’s Flagship Private Credit Fund Posts First Monthly Loss In Over Three Years 
Companies and Markets

Blackstone’s Flagship Private Credit Fund Posts First Monthly Loss In Over Three Years 

March 21, 2026
Ogiemwonyi, Others Express Concerns Over SEC’s Capital Hike, Say Encourages Survival Of Fittest
Companies and Markets

Ogiemwonyi, Others Express Concerns Over SEC’s Capital Hike, Say Encourages Survival Of Fittest

January 19, 2026
World Markets Jolted, Dollar Dips As Trump Vows Tariffs On Europe Over Greenland
Companies and Markets

World Markets Jolted, Dollar Dips As Trump Vows Tariffs On Europe Over Greenland

January 19, 2026
Next Post

DPR cautions depot owners over unlicensed marketers

Cholera Update: Lagos Records 21 Fatalities, New Suspected Cases Emerge

Cholera Aid For African Countries Stalled By Iran Conflict 

March 27, 2026
Moses, Adams Score As Nigeria’s Super Eagles Defeat Iran In Friendly Tie

Moses, Adams Score As Nigeria’s Super Eagles Defeat Iran In Friendly Tie

March 27, 2026
DPR Pursuing Alternative Feedstocks For Unit Utilisation, Promises To Reveal Identities Of Misleading Narrators

Petro Price Reduction Amid Global Oil Pressure Puts Dangote Under Scrutiny

March 27, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version