Dike Onwuamaeze
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the Nigerian Postal Services Bill 2021 as passed by the Senate is replete with provisions that would be detrimental to private sector investments in the courier industry.
President of the LCCI, Mrs. Toki Mabogunje, during the Chamber’s, “Address on the State of the Economy,” yesterday in Lagos, described the provisions of the bill as an impediment to sustainable investment in the courier industry.
The chamber’s concerns about the bill included the requirement in Section 68 (2) (b) that licensed private courier operators should contribute two per cent of their annual turnover to the Universal Postal Service fund.