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The Need to Review Newly Increased NIPOST License Fees for Courier and Logistics Services

By
Ozioma Okey-Kalu
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1

The increase in the licence fees for courier and logistics services by NIPOST is not going down well with Nigerians and no one should blame them for that. Apart from the sum of twenty thousand naira that will be paid for obtaining registration form, a huge sum of money will be paid for obtaining licence and another large sum paid annually to maintain the licence. According to the recent licence fees, courier and logistics companies of different categories will pay thus:

Category of Licence New Licence Fee (N) Licence Renewal (N)

  • International A 20,000,000.00 8,000,000.00
  • National B 10,000,000.00 4,000,000.00
  • Regional C 5,000,000.00 2,000,000.00
  • State D 2,000,000.00 800,000.00
  • Municipal E 1,000,000.00 400,000.00
  • Special SME F 250,000.00 100,000.00

A look at these charges will make you wonder whether NIPOST wants to send people out of business. Or whether they went for divination and were told that Nigerians are planning to jump into the courier and logistics business so they will be forced to pay whatever they are charged. It is possible that the two options were the reasons behind this fee increase. But we all know that there is no way only NIPOST can handle logistics services in Nigeria, unless we want to shut down that sector. However, from the look of things, NIPOST wants to send its competitors out of business or bully them into sharing their profits with the agency.

The major drama from this fee increase started when Dr. Pantami Isa Ali, the Minister of Communication and Digital Economy, got wind of the increase and declared it illegal. He called on the Chairman and Post-Master General of NIPOST to suspend the fees increase until they sort it out with him and the mother ministry. But from reports coming from different corners, NIPOST paid no heed to the minister’s order. Reports have shown that NIPOST officials have started harassing courier companies and are seizing their rides. Dr. Pantami also revealed on his Twitter page that NIPOST is claiming that it has the constitutional power to increase fees without seeking the approval of the minister. So, as it is now, either people pay NIPOST that amount of money or they find other businesses.

You know, the sudden increase in licence fees for logistics and courier services is a good example of the proverbial man that ate the forbidden fruit, found it luscious and then goes about seeking for more. If you look at what is going on in the country right now, you will agree with me that NIPOST is just rearing its ugly greedy head because it has tasted the Stamp Duty charges that are placed on almost everything right now. NIPOST has learnt that Nigerians can be easily extorted and nobody will do anything about it. But what they forgot is that it is not about collecting plenty of money, but about managing it well. For instance banks remit stamp duty to NIPOST but the organisation still looks run down. So it is good for them to know that increasing licence charges cannot cause them to improve on their services?

NIPOST claimed that they needed to increase these fees as a way of regulating courier and logistics services when they have not yet regulated the agency’s mode of operation. Apart from that, who destroys what he is to protect? Does NIPOST need to run down people’s businesses in order to regulate them? Besides, what has increased in licence fees got to do with regulations? Is NIPOST actually listening to good consultants? Or does the management just sit down and fix prices without thinking of its effect?

We all know that the problem with NIPOST is poor services and mismanagement. The agency needs to go inwards and work on itself and not try to pull down those that know how to run the business. Increasing the licence charge will still not improve NIPOST courier and logistics services; it will rather cripple businesses in the country and increase the unemployment rate. It is quite unfortunate that as people are struggling to survive this trying time, Nigerian government agencies’ device means to make lives more difficult for Nigerians. NIPOST is just bullying its competitors; it’s high time the regulatory power is taken away from it. NIPOST should not regulate its competitors.

Give the Gift of Knowledge

By
Ndubuisi Ekekwe
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0

“Hello, Prof. Top of the morning to you. I am currently a student at the Tekedia Institute. I see the wealth of eye-opening information shared at the mini eMBA and thought it would be wrong not to share with others. So on my WhatsApp story, I shared that I will be sponsoring 15 people”, David Onaolapo wrote to me.

Today, David finalized with our team, and 15 in this network are attending Tekedia Mini-MBA. From the Institute, we commend David for his generosity and kindness to share knowledge. He is a young market maker, we wish him more profitable trading!

Give the gift of knowledge – sponsor somebody to Tekedia Mini-MBA (Aug 10 – Dec 3) today. If you have none to sponsor, support our general scholarship fund, contacts here.

Mastering The Art of Sales Excellence

By
Ndubuisi Ekekwe
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0

Good People, pure excellence from the dean of sales. You need to attend the class to experience and master the physics of sales; the videos are amazing. When salesmen deliver sales classes, markets move.

He is a dean of mastering sales in Africa. He knows the mechanics and pillars of sales excellence. He has written about them and taught them in leading companies in Africa, and beyond. Banks know him, MNCs always have him, and startups follow his philosophy: build quality contacts, connect, and sell at scale.

Lagos Business School brings him regularly to help its students acquire one of the most important capabilities in business: selling things! He wrote the book –  The Critical Pillars of Sales Excellence: How to Prospect, Sell and Win Customers.

Ferdinand Ibezim, a Tekedia Institute Faculty, will lead a session on Mastering The Art of Sales Excellence in Tekedia Mini-MBA. This is one of the most important elements of this program. Yes, we want our members to go out there and win. Simply, they must EXECUTE, and mastering how to sell is part of it. Our faculty is a leader in preparing innovators and project champions on how to win markets! Five star rating.

 

https://www.tekedia.com/mini-mba-3/

The Amazon’s $10 billion New Tech Order of internet-from-space 3,236 satellites

By
Ndubuisi Ekekwe
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2

Amazon begins a new tech order: spend $10 billion to provide internet connectivity and most possibly disintermediate current players by bundling cloud hosting, digital commerce and broadband services. Yes, get a small equipment and your Amazon Web Services can move via Amazon pipes instead of MTN, 9Mobile and others. And those Amazon Prime movies, music, etc go meter-free because Amazon is the “network carrier”.

One monthly fee, your entertainment and data needs are handled: “Amazon plans to use Project Kuiper not only to offer broadband internet service to billions of potential customers around the globe who are currently underserved, but also to facilitate Amazon’s other lines of business, ranging from online retail sales to Amazon Web Services’ cloud computing platform (and most likely Amazon Prime’s streaming-video offerings).” The future would be one of abundance: SpaceX, OneWeb, Telesat and Project Kuiper will change the order on data. Data could be free with value captured through services: 2022.

The Federal Communications Commission has authorized Amazon’s plans for a Project Kuiper constellation of 3,236 satellites that would provide broadband internet access across a wide swath of the globe — but on the condition that it doesn’t unduly interfere with previously authorized satellite ventures.

In response, Amazon said it would invest more than $10 billion in the project. “We’re off to the races,” Dave Limp, Amazon’s senior vice president of devices and services, said in a statement. (We’re passing along the full statement below.)

The FCC’s non-interference requirements and other conditions are laid out in a 24-page order that was adopted on Wednesday and released today. The ruling addresses objections registered by Amazon’s rivals — including SpaceX, OneWeb and Telesat.

 

 

Muted celebrations, mixed feelings as Muslims observe Eid worldwide amidst the threat of CoronaVirus

By
Rasheed Adebiyi
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0

All over the world, Muslims are celebrating the Eid-ul-Adha which is one of the two major celebrations in Islam. However, this year’s celebration has its own issues being celebrated amidst the raging CoronaVirus pandemic. For many Muslims, the Eid without the large congregational prayers will be the first in their lifetime. From Africa to Asia, Europe to Australia, the celebration is a representation of different strokes for different folks as Muslims celebrate a low key holiday in a decade. This is due to the rising cases of the victims of the disease. As at today, the world’s total number of cases stood at 17. 3 million with over 600,000 deaths worldwide  

Nigeria is the most populous black nation in the world. It is one of the two largest economies in Africa and has a huge number of Muslim Faithful majorly occupying the Southwestern and Northern  regions of the country. With more than 40,000 cases of the Coronavirus disease, the federal and some state governments have placed bans on large congregational prayers which usually mark the festive period. The national government declared Thursday 30 and Friday 31, 2020 as public holidays but stated that celebrations have to be low key, the Minister of Interior, Rauf Aregbesola has said. Mr. Aregbesola, according to Premium Times, advised Nigerians to take responsibility against the spread of the COVID 19 virus and also to stay safe by observing physical and social distancing, personal and respiratory hygiene, as well as other regulations issued by relevant authorities. 

For most Nigerians who have never witnessed the Eid without large congregational prayers and the merry making that accompanies it, this government ban on public gathering and eid prayers did not go down well with them. Habeebah Odusoga, a journalist with an online outfit in Lagos said “I don’t feel good about it at all. We prayed at home this morning. But the merriment isn’t there like it used to. I miss the Eid merriment and the usual drama preparing for Eid.” Similarly, Dr. Ibrahim Abdulsalami, a university lecturer in Osogbo had a more philosophical attitude towards the situation. He said “the religious situation seems changing amidst the current world pandemic. Although the usual crowded eid praying grounds are empty, the essence of the celebration remains intact (or has improved) in the minds of the believers. All of these are happening because of Covid-19 pandemic. 

In Taiwan, a Chinese territory with a Muslim population of around 60,000, the congregational prayers are allowed. According to reports monitored from Taiwan News, Muslims across Taiwan attended the mass Eid prayers in five locations in the cities of Taipei, Hsinchu, Kaoshiung and Taichung. Worshippers are, however, directed to observe social distancing or wear face masks in cases where the distance could not be kept. The designated mosques are instructed to check temperatures of worshippers and should not admit anyone with a temperature exceeding 37.5 Celsius. Taiwan is one of the countries with the lowest number of COVID 19 cases in the world. As at the time of writing this, the country has a total of 467 confirmed cases with 441 recoveries and 7 deaths.   

Kenya is an East African country which is largely Christian dominated. This year, and for the third year in a row, the Muslims would be observing a holiday for the Eid Adha, a policy introduced by President Uhuru Kenyatta and gazetted by the Interior Ministry on Thursday. According to a report from Capital FM, Kenyan Muslims are to celebrate the Sallah with minimal person-to-person contact due to the COVID 19 pandemic. “In light of the ongoing COVID-19 situation, and in fidelity with the Resolutions of the Fifth Session of the National and County Governments Co-ordinating Summit, all ceremonies in celebration of Idd-ul- Azha will be marked with minimal person to person contact,” the Interior Cabinet Secretary, Fred  Matiangi has declared. Already, there is partial lockdown in Nairobi, Mombasa and within Nairobi’s Eastleigh. At the time of compiling this report, Kenya’s COVID 19 stats stood at 19, 913 cases, 8,121 recovered cases and 325 deaths. 

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