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…Moves to reform Postal Services Bill Mr Olumide By Christiana Ekpa and Ikechukwu Okaforadi Senate yesterday endorsed a Bill for an Act to Repeal the Nigerian Postal Service Act 2004 and re-enact a fresh Bill that would provide for comprehensive reform in that sector. The Bill passed the second reading and was referred to the Senate Committee on communication for further legislative prcessing. Leading the debate on the bill, chairman of the Senate committee on communication, Senator Gilbert Nnaji who sponsored the Bill noted that "the Nigerian Postal Bill seeks to establish a regulatory framework for the Nigerian Postal Industry, by creating an effective, impartial and independent regulatory authority" He explained that the Bill is proposed as a catalyst to encourage local and foreign investment in the Nigerian Postal Industry, particularly given the innovative services and practices in the industry in recent times, adding that it seeks to engender international best practices". "It is not an amendment, but a repeal of the existing NIPOST Act to re-enact a new legislation to cater for the far reaching reforms in the postal industry" which would lead to the establishment of the Nigerian Postal Services Commission. "On the general principles of the bill, Nnaji said "the Bill is proposed as a catalyst to facilitate the reform of the postal industry. It provides for a governing Board and a Commission to formulate postal industry policy with clear objectives on role of the postal sector in the national economy. The Bill provides for the Staff of the Commission to be headed by a Director-General in addition to other key personnel. " It makes financial provisions for the commission, creates power to grant licences, conditions of the licence renewal and revocation. Sundry powers are also provided for the effective regulation of the industry in addition to the administration of post code system, tariff regulation and maintenance of technical standards," he added Source: People's Daily Mr Olumide's Blog The post …Moves to reform Postal Services Bill appeared first on Mr Olumide's Blog. kk