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Home News Business

NIPOST to Go Fully Cashless in Major Reform Push

by Victoria Ogbadu
May 5, 2025
in Business, Business & Economy, News
Reading Time: 2 mins read
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The Nigerian Postal Service (NIPOST) has unveiled a comprehensive set of reforms to transform itself into a modern, innovative, and digitally focused postal organization.

According to a statement issued by Franklin Alao, NIPOST’s Director of Corporate Communications, on Monday, these changes, themed “Change of Renewed Hope Berths at NIPOST Shores,” aim to align with international standards, support Nigeria’s expanding digital economy, and advance President Bola Tinubu’s Renewed Hope Agenda.

NIPOST emphasized that its transformation prioritizes innovation, accountability, excellence in service, and value creation. The agency promised Nigerians a revitalized postal system that embraces digital advancements and delivers exceptional service.

It expressed gratitude to Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, for his guidance, as well as to NIPOST Board Chairman Barrister Isaac Kekemeke for his strategic vision and Postmaster General/CEO Tola Odeyemi for her leadership in driving reforms, enhancing staff welfare, and promoting professional development.

Among the key initiatives, NIPOST plans to introduce a performance-based reward system to foster excellence and enforce strict disciplinary measures to maintain integrity.

Another significant reform is the shift to a fully cashless system, effective July 1, 2025, when all post office counters nationwide will cease accepting cash payments, requiring customers to use approved electronic payment methods.

NIPOST described this transition as essential for safer, faster, and more transparent services.

Through these reforms, NIPOST aims to establish itself as a technology-driven leader in Nigeria’s digital transformation, with a renewed mission to “Connect Nigeria, Deliver Solutions, and Improve Lives.”

WHAT YOU SHOULD KNOW

NIPOST’s reforms represent a strategic effort to redefine its role in a rapidly evolving digital landscape. By prioritizing innovation, accountability, and digital integration, the agency aims to reclaim its relevance and contribute to Nigeria’s economic transformation.

The cashless system, performance incentives, and leadership-driven approach are bold steps that, if executed effectively, could position NIPOST as a cornerstone of Nigeria’s digital economy, delivering on its mission to connect, innovate, and improve lives.

ALSO READ TOP STORIES FROM VERILY NEWS

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Victoria Ogbadu

Victoria Ogbadu

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