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NIPOST generated N3.63bn in 2021

Robby Akeju by Robby Akeju
February 7, 2023
in Breaking News, News
0
NIPOST to increase regulatory role on logistics, courier companies

NIPOST

The Nigerian Bureau of Statistics (NBS) said the Nigerian Postal Service (NIPOST) earned N3.63 billion in 2021.

The NBS said in its Postal Service Data for 2021 released in Abuja on Monday that the amount generated was 22.79 per cent lower than the revenue recorded in 2020.

The report said EMS/Speedpost generated the highest income of N1.27 billion, representing 35.14 per cent of the total revenue generated for the year.

“This was followed by Parcel clearance/delivery fee with N689.12 million, and NIPOST Premises/Space with N299.66 million, representing 18.96 per cent and 8.25 per cent.

The report said the agency handled a total of 17,656,768 mails domestically and internationally in 2021.

It said no fewer than 8,111,461 mails were handled domestically, accounting for 45.94 per cent of the total mails, while 1,040,461 mails were dispatched abroad, accounting for 5.89 per cent of the total mails.

The report, however, showed that 8,504,846 mails were received from abroad and delivered in Nigeria, representing 48.17 per cent of the total mails handled in 2021.

It said in 2021, the number of post offices in Nigeria stood at 2,794.

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