The Minister of Communications and the Digital Economy, Dr Isa Ali Ibrahim Pantami (the “Minister”) in accordance with Section 62 of the Nigerian Postal Services Act, 2004 (“NIPOST Act”) approved the new guidelines for the regulation of the Courier and Logistics sector (“the Sector”) in Nigeria in July 2020. According to the Ministry of Communications and the Digital Economy, the Courier and Logistics Services (Operations) Regulations 2020 (the “Regulations”) is the regulatory framework needed to enhance the operations of courier and logistics services in Nigeria. In this article, we examine the current state of the Sector and consider the regulatory regime. INTRODUCTION The Minister of Communications and the Digital Economy, Dr Isa Ali Ibrahim Pantami (the “Minister”) in accordance with Section 62 of the Nigerian Postal Services Act, 2004 (“NIPOST Act”) approved the new guidelines for the regulation of the Courier and Logistics sector (“the Sector”) in Nigeria in July 2020[1]. A...
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𝘿𝙊 𝙔𝙊𝙐 𝙊𝙒𝙉 𝘼 𝘽𝙄𝙆𝙀/𝙈𝙊𝙏𝙊𝙍𝘾𝙔𝘾𝙇𝙀 𝙁𝙊𝙍 𝙔𝙊𝙐𝙍 𝘾𝙊𝙐𝙍𝙄𝙀𝙍 𝙊𝙍 𝙇𝙊𝙂𝙄𝙎𝙏𝙄𝘾𝙎 𝘽𝙐𝙎𝙄𝙉𝙀𝙎𝙎? In these days where traffic only gets worse as people purchase more vehicles, there is only one solution. In a country where a major city has over 2 million cars motoring its limited roads, one cannot but consider this other alternative. MOTORCYCLES. Or Okada, as it is locally called. It is the one of the few means of road transportation that is almost immune to traffic congestion in Nigeria. It is narrow enough to weave in between cars but wide enough to carry medium-sized goods. It is without a doubt, the number 1 go to goods delivery choice for business owners. What many do not know is that you can’t just buy an Okada and put it on the road for business. There are certain registrations to be made, there are certain licenses to be obtained When buying an Okada, you need to pay necessary licence fees, and take out all necessary insurance covers before co...
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