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FG Bans Cash Payment At NIPOST Offices

Ademola Aderele by Ademola Aderele
3 years ago
in Business
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The Federal Government has banned cash payments at offices of the Nigeria Postal Service (NIPOST) across the country.

Isa Pantami, Minister of Communications and Digital Economy, gave the order on Thursday. He said cash payments were aiding corrupt practices.

“It has come to the attention of the Minister of Communications and Digital Economy, Dr. Isa Pantami, that some unscrupulous elements have been taking undue advantage of the cash payment system under the Nigeria Postal Services to engage in corrupt practices.

Read Also: Buhari Sacks 35 Aides In Osinbajo’s Office

“In line with the anti-corruption agenda of President Muhammadu Buhari, and the mandate of the Federal Ministry of Communications and Digital Economy, the Minister hereby directs the Post Master General, to, with immediate effect, suspend all existing cash payment plans within its establishments nationwide,” the statement read.

The post offices, according to the statement, will operate Point of Sales and bank teller transactions henceforth.

Read Also: Two Catholic Nuns Return From Africa Mission Pregnant

Pantami however said the measure is temporary as the ministry is working on automating the systems as a way of permanently curbing corruption within the post offices.

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