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Stakeholders Task NIPOST On Marketing Of Products

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Telecom stakeholders have urged the Nigerian Postal Service (NIPOST) to come up with innovative ways to market its products.
They also urged the Federal Government to mandate Ministries, Agencies and Parastatals (MDAs) to utilise the facilities of the NIPOST to make it more viable.
The stakeholders made the call in separate interviews with newsmen in Abuja as Nigeria joins the world to celebrate the World Post Day on Oct. 9.
Mr Smart Tweador, who is the Chief Executive of Smart Connects, a telecom company, said it was expedient for government agencies to patronage NIPOST as it was planning to reform the organisation.
“The coming on stream of GSM has actually affected the functions of NIPOST since many people hardly write letters anymore.
“People make calls and send text messages instead of writing lengthy letters so NIPOST has got to come up with innovative ways to market their products.
“Beside that, you find out that the courier services are more efficient; aside from that transportation companies are now able to carry letters and those are fast means of getting your letters across.
“All you need to do is to call the person on phone and say go to a certain place and collect a letter, so with all other avenues to get across a letter, you find the fortunes of NIPOST has really been affected.
“Therefore, the onus is now on government to compel its agencies and officials to use NIPOST to transmit official letters; it should also make use of its EMS services and you will see this will rob off on the staff,’’ he said.
Tweador said that the only way to keep the organisation afloat was through patronage and urged the organisation to brace up to meet the current challenges in a competitive society.
Mrs Caroline Ojo, a civil servant called on the organisation to look beyond posting of letters and use its spread in the 774 local governments across the nation to utilise its EMS services to improve its revenue generation effort.
“NIPOST must be proactive and creative, it must make use of its facilities in the nooks and crannies of the country to beat competition.
“Apart from this, it can use the vehicles at the disposal of the organisation to bridge the gap between villages and cities in the transportation of farm produce.
“There are many possibilities for the organisation, also linking up with small scale businesses and get their patronage, these are areas that the other courier companies will not go to,’’ Ojo said.
Ojo however called for attitudinal change and work ethics by the staff of the organisation to move it forward and called on government to review the salary of staff to make them more committed to work.
The Tide source reports that about 150 countries take part in celebrating the World Post Day every year.
Some countries use the commemoration to promote their new postal services or products and reward their employees for good services.
Some other countries also organise philatelic (stamps) exhibitions and issue new stamps.
Other events usually lined up for the occasion include displaying posters on World Post Day in post offices as well as public places.
Public conferences, seminars and workshops including cultural, sport, and recreational activities are also part of the celebration.
The theme for the year’s celebration is: “Transform to remain an enabler of inclusiveness development and an essential component of the global economy’’.
The Tide reports that the Universal Postal Union (UPU), the world body of postal agencies was established in 1874 in Bern, Switzerland and its anniversary is celebrated on Oct. 9 , every year.
The anniversary of the UPU was declared as the World Post Day by the Universal Postal Union Congress in Tokyo, Japan in 1969.
On Jan. 1, 1985, NIPOST was established from the postal division of the Post and Telecommunications Department.

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PENGASSAN Tasks Multinationals On Workers’ Salary Increase 

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.
Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.
The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.
PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.
He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.
“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.
Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.
“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.
“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.
“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.
“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.
Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.
“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.
“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.
“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.
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SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

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The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.
The Commission disclosed this in a statement posted on its website.
According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.
The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.
According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.
“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.
The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.
Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.
“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.
The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.
It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products 

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.
The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.
NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu
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