Home » NIPOST bars cash transactions from July 1

NIPOST bars cash transactions from July 1

The Nigerian Postal Service (NIPOST) yesterday announced series of reforms aimed at transforming the organization into a more innovative, efficient, and digitally driven institution.

A major part of the reforms is the commencement of cashless transactions in the 774 local government councils across the country.

The NIPOST management headed by the Postmaster-General of the Federation/CEO,  Tola Odeyemi, said beginning from July 1, this year all Post Office counters across the country would no longer accept cash payments for transactions and services.

“Customers will be required to use approved electronic channels for all transactions.

“This is a crucial step in our modernization journey — one that ensures safer, faster, and more transparent service delivery.

“Through these initiatives, NIPOST is positioning itself as a dynamic, technology-driven player at the center of Nigeria’s digital transformation — “Connecting Nigeria, Delivering Solutions, and Improving Lives,” NIPOST said.

A statement signed by its Director of Corporate Communications, Mr Franklin Alao, said the development aligned with the Renewed Hope Agenda of President Bola Tinubu.

Alao said:” These initiatives mark a new strategic direction for NIPOST under the vision titled “Change of Renewed Hope Berths at NIPOST Shores.

“The reforms are designed to align the agency with global best practices, the needs of Nigeria’s evolving digital economy and the Renewed Hope Agenda of President Bola Ahmed Tinubu.

“At the heart of this transformation is NIPOST’s commitment to becoming a modern postal service — one that is driven by innovation, accountability, value, and service excellence.

“We are assuring Nigerians of a revitalized NIPOST that delivers superior service and embraces the future”.

NIPOST commended the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, for his support and leadership.

“The organization also commended the new Chairman of the NIPOST Board, Barr. Isaac Kekemeke for his passion  and strategic foresight since his appointment, and the Postmaster General/CEO, NIPOST, Tola Odeyemi for her relentless efforts in championing institutional reforms, improving staff welfare, and driving capacity development,” Alao said.

Alao assured that NIPOST would implement a performance-based reward and recognition system to encourage excellence, alongside strict disciplinary measures to uphold organizational integrity.

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