NIPOST Warns Against Price Under-Cutting

The Nigerian Postal
Service (NIPOST) has warned courier operators in the country to desist forthwith  from price under-cutting.
The Head, Courier Regulatory Department, NIPOST, Dr Simon Emeje, said this while briefing newsmen in Lagos recently.
He said that those involved in the act may have their licences suspended or withdrawn if they refuse to turn a new leaf.
Emeje noted that NIPOST was losing its image due to such practices, hence the need for the warning.
The NIPOST boss, also recalled that some courier operators carried out their services below the expected trarrif.
According to him, some operators carry N5,000 worth of item for about N500, adding that the operators know that such amout cannot do the job.
He explained that clients who encourage price under-cutting may be prosecuted, stressing that all its customers ought to be transparent in their dealings.
He revealed that charging below the minimum tarrif would make customers lose confidence in the operators’ services.
Earlier, he had said that some courier companies had since gone out of job following their inability to deliver consignments due to price under-cutting.