The Nigerian Senate is set to unbundle the Nigerian Postal Service with consideration of a bill to repeal and re-enact the Nigerian Postal Service Act of 2004.

The bill has already scaled the second reading after Tuesday’s plenary.

Sponsor of the bill, Senator Oluremi Tinubu of Lagos Central, in a statement, said the bill was aims at reforming the Postal Industry and helping to make Comprehensive Provisions for the Development and Regulation of Postal Services in Nigeria.

Her statement read in part, “NIPOST has been touted as having so much potential not only for revenue generation but also for impacting the lives of ordinary Nigerians.

“However, the Agency’s struggles are well known. With its apparent inefficiencies, advancement in technology and the introduction of electronic mail there has been a decline in demand for traditional postal services, thus necessitating a reform in the Agency mode of operation.

“The Global Postal Industry and indeed, every facet of human life has continued to evolve, thus requiring the Nigerian Postal Industry to rise to the demands of existing realities.

“Consequently, the subsisting Act which has been in place since 2004 has been overtaken by events and is not reflective of the times we are in.

“To set NIPOST back on track, we need innovation, integration, and inclusion in keeping up with current trends and introducing ICT to ensure quicker and more effective service delivery.

“To do this, however, it is important to take a look at, and reengineer the Agency’s establishment Act, its powers and its functions.”

The bill after scaling second reading was referred by the Senate President, Ahmad Lawan, to the Committee on Communications.

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