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NIPOST to Set Up Smart Offices Across Nigeria

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NIPOST Plans Smart Offices Across Nigeria

Dr. Ismail Adewusi, the Postmaster General of the Federation, has said the Nigeria Postal Service will start opening smart offices across the country in line with the new digital economy policy of the Federal Government.

Adewusi disclosed this in an interview with journalists in Ibadan, Oyo State, on Friday while inspecting NIPOST’s facilities in the state.

He explained that with the advancement in technology across the globe, letter writing was out of vogue. He, however, said NIPOST had adopted a creative strategy to remain relevant.

He said, “We want to be a one-stop outfit where you can do many transactions like collection of your international passport, driving licence, capture your National Identity Card images; all these are the e-governance platforms that we are developing.

“We want to run a smart outlet post office services. It would not be big but you will be able to do all your transactions.”

Adewusi said, “We are going to use the new technology platform. Presently, we have the licence to do international cash transfer.

“The citizens will be able to do their online transactions at our smart outlets in pursuit of the digital economy policy of the Federal Government.”

With about 13,000 staff in the 3,000 outlets across the country, he said, “If need be, we will hire more staff for our operations. We will start with what we have and later expand the frontiers of employment.

“After the pandemic, things have been very difficult for the postal services sector. It is not only the sector alone that is affected; it is a global problem.

“During the lockdown, we could not move our mails. That impacted negatively on our revenue. The Nigerian airspace had not been open. These impacted negatively on our operations.

“Mails are reducing as people no longer send letters. The reform is in place to ensure that NIPOST is commercially run as a viable business entity.

“NIPOST Properties and Development Company Limited as well as NIPOST Transport Company and Logistics Limited are already registered.

“We have NIPOST bank being run like a microfinance bank with branches across Nigeria. All of these are new initiatives that we are pursuing.”

He added, “Now, we don’t have enough postal outlets. The ones that we have now were designed several years ago. In Ibadan, we have about eight post offices.

“Ibadan is so large that we need to take our services down to the grassroots where they are needed. Definitely, when we set up those smart offices, working with the private sector of course, we are going to have more than 10,000 outlets all over Nigeria. We have about 3,000 outlets all over Nigeria.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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MTN Nigeria, Gameloft Partner to Increase Access to Variety of Exciting Games

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MTN Nigeria announced it has partnered with Gameloft, a leader in the development and publishing of games, to increase access to a variety of fun and exciting games online.

The telecommunications giant in collaboration with its new partner, Gameloft announced the launch of MTN Gameworld, a new gaming platform for its subscribers.

According to MTN, the new platform will allow the Nigerian growing gaming community access to a lot of unique games online through an extensive premium catalogue from Gameloft and other renowned publishers.

Commenting on the partnership, Srinivas Rao, the Chief Digital Officer, MTN Nigeria, said, “We are constantly seeking to deliver innovative products that support the aspirations of our customers, whilst delivering superior user experience. This partnership allows us to provide our customers with access to a variety of exhilarating games from Gameloft and other leading publishers at an affordable rate.”

MTN Gameworld will allow subscribed customers access to a variety of games, which they can play at subsidised data rates through the MTN Gameworld app. Android, iOS and Windows phone users can subscribe via SMS, app, web, USSD menu (*447#), 131 USSD menu and any other MTN customer channel.

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President Buhari Commissions 5,000bpd Modular Refinery Built in Imo State

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President Muhammadu Buhari on Tuesday commissioned the 5,000 barrels per day modular refinery built by Waltersmith Group in Imo State.

President Buhari, who commissioned the new modular refinery virtually, said the refinery will enable Nigeria to export petroleum products to neighbouring countries and other markets.

The 5,000 barrels per day Waltersmith Modular Refinery is the first phase of 50,000 barrels per day combined capacity plant planned for Imo State, according to the Group.

Buhari commended Waltersmith Group, an indigenous oil firm, and the Nigerian Content Development and Monitoring Board for the collaboration that led to the actualisation of the modular refinery.

President Buhari, therefore, directed the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation, the Department of Petroleum Resources and all other relevant government agencies to provide Waltersmith all the necessary support in terms of access to crude oil and condensate feedstock.

Buhari said, “We rolled out our refining roadmap in 2018, to address challenges in the downstream sector. After many years of government giving out modular refining licences without any coming on-stream, we are today seeing a commissioning within two years.

“The plan to commence the expansion of this refinery to 50,000bpd capacity, to refine crude oil and condensate, is a demonstration of the economic reform Nigeria is undergoing.

“The realisation of the refinery roadmap will ultimately lead us to becoming a net exporter of petroleum products, not only to our neighbouring countries but to other wide markets,” he said.

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Elon Musk Net Worth Jumps by $100 Billion this Year to Topple Bill Gates, Mark Zuckerberg, Others 

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Elon Musk, the Chief Executive Officer and founder of Tesla, is now the world’s second-richest person following another surge in the price of Tesla share.

Musk total net worth jumped by $7.6 billion to $110 billion between November 16 and 17 to dethrone Facebook founder, Mark Zuckerberg, from the third position.

Since then, Tesla stock has been on a bullish run and in the last 24 hours added $7.24 billion to Elon Musk’s total net worth, according to Bloomberg Billionaire Index. Bringing the billionaire’s total net worth to $128 billion.

Elon Musk’s net worth rose from just $28 billion in January 2020 to $128 billion on November 24, 2020, representing an increase of $100 billion, the highest by any billionaire.

Musk has finally toppled Bill Gates as the second richest person and for the first time, Bill Gates is the third richest man in the world. This is the first time in almost 40 years that Gates will be in the third position.

Billionaires listed on Bloomberg Index have collectively gained $1.3 trillion this year.

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