Breaking: Fire Guts NIPOST Building in Abuja

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SWITZERLAND, MAY 20 – Fire engulfed the building housing the headquarters of the Nigerian Postal Services(NIPOST) on Wednesday afternoon leading to some

Today’s Echo could not immediately confirm the cause of the fire which reportedly began around 9am on Wednesday but a large number of staff of the agency were in their offices when the fire broke out.

Today’s Echo gathers that the fire service was able to put out the fire.

NIPOST, a government-owned and operated corporation, is the Nigerian postal administration responsible for providing postal services in Nigeria. It has more than 20,000 employees and runs more than 5,000 post offices.

The Central Bank of Nigeria (CBN) had later last year, in a circular to deposit money banks, processors and switches authorised banks to unbundle merchant settlement amounts and charge applicable taxes and duties on individual transactions

They were asked to charge a duty of N50 for services rendered in respect of electronic transfers and teller deposits from N1,000 and above on behalf of NIPOST.

The directive was condemned by mobile money agents, retailers, merchants and bank customers who said it would discourage the cashless transaction and financial inclusion agenda of the Federal Government.

See some online comments on the incident below:

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