I'm not aware of license fees increment by NIPOST - Pantami

The Minister of Communications and Digital Economy, Isa Ali Pantami has insisted that he is not aware of the increase in licence fees by the Nigerian Postal Service (NIPOST).

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NIPOST on Friday released cutthroat increment in licence fees, with companies and individuals complaining bitterly about the development.

In a tweet on Saturday, Pantami said he didn’t approve that, and he’d told the management of NIPOST to put the move on hold.

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“Pls @NipostNgn, our attention has been drawn to an increase of licence fee, which was not part of the regulation I earlier APPROVED for you. Your Chair and PMG were YESTERDAY contacted to put the implementation on hold and send a report to our ministry by Monday. Best wishes!,” he tweeted.

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Meanwhile, iBrandTV gathered that the new licence fees rose after Babajide Sanwo-Olu met the management of NIPOST after Lagos businessmen complained bitterly to him on their challenges.

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ALSO, Nigerians have continued to lament over the development, stressing that the increment is poorly timed and is regardless of the current economic weather, caused as a result of the COVID-19 pandemic and the struggles of business.

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