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The Courier Regulatory Department (CRD) of the Nigerian Postal Service (NIPOST) has revoked licences of 30 courier companies in the country. Ishaya Diwa, General Manager of CRD, made this known to journalists during a media briefing in Lagos on Thursday.

The licences of the companies were withdrawn due to non-compliance with regulations governing courier services, according to NIPOST.

“We need our courier operators in the country to work with the best standards as courier business is a worldwide business and any form of infringement will tell badly for the country,” said Diwa. “This revocation is a means of making the environment conducive and worthwhile for operators to thrive.”

He added that the reasons for revoking the licences include failure to renew licences for up to three years as well as activities that violate the rules and regulations of NIPOST.

The companies affected by the regulatory action are Abex Express, Benop Courier Ltd, Best Courier Ltd, Betkey International Venture Ltd, B-Flex Express Service Ltd, Blue Star Courier and Logistics Services Ltd, Business Messenger Nigeria Ltd, Dealdey Swift Ltd, and Fair Plus.

Others are Fleet Courier Ltd, Gbuzzorr Delivery Service, Greater Washington Capital Ltd, Green White Express Logistics, IMO Transport, Kaoline Ventures Ltd, Macdon Express Courier Ltd, Migfo Express Courier Freight, Okoli Express, and Vee Express Delivery Services.

Diwa stated that it is good to have a small and neat courier business in the country than having a plethora of services.

“Presently, we have 108 courier companies that are healthy and financially stable unlike when they were 300,” the General Manager of CRD said, adding that courier operators’ renewal fees of N350,000 per year in Nigeria are about the cheapest in the world.

He said the revoked courier services can get back their licences if they effect changes to their mode of operations, pay the backlog of penalties and meet other criteria.

Completing the 30 courier companies are One-on-One Parcels Ltd, Pele Express, Quick Link Express, Quo Courier and Logistics, Skyhigh Express Nigeria Ltd, Speed Express Courier Ltd, Speed Mails Express Ltd, Speedmark Courier, Thanet Deliveries, Total Quality Express Services, and Universe Courier.

Last month, the Minister of Communications, Adebayo Shittu had announced that the Federal Government will carve out five companies from NIPOST as part of efforts to reform the postal service and ensure its profitability.

“In the next few months, five new companies will emerge from NIPOST. One will be the NIPOST Banking and Insurance Company; we have the NIPOST Transport and Logistics Company; we have the NIPOST Property and Development Company. We also have NIPOST e-Commerce Services Company, and we have the NIPOST e-Government Services Company,” Shittu said.