Friday, 8 December 2017

NIPOST..Going...going...!



The federal government has finalized plans to sell of the Nigerian Postal Service (NIPOST).

Adebayo Shittu, minister of communication, disclosed this while inaugurating the committee saddled with commercialization of Nipost in Abuja on Thursday, December 7.

This follows plans to also let go federal assets like the Tafawa Balewa Square (TBS), the National Arts Theatre and some selected power plants under the National Integrated Power Projects (NIPP) are part of the key national assets the federal government had concluded plans to sell.

According to the Minister, the purpose of the proposed sale is to generate sufficient revenue to finance the country’s annual budgets for the next three years (2018-2020).

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