BY BAMIDELE FAMOOFO
Report released by the National Bureau of Statistics has indicated that the Nigerian Postal Service recorded a revenue drop of 22.79 percent in the 2021 financial year.
NBS disclosed that the postal agency recorded revenue of N3.63 billion in 2021.
EMS/Speed post generated the highest income with N1.27 billion, representing 35.14 percent of the total revenue generated for the year. This was followed by Parcel clearance/delivery fee with N689.12 million, and NIPOST Premises/Space with N299.66 million, representing 18.96 percent and 8.25 percent respectively.
In addition, the agency handled a total of 17,656,768 mails domestically and internationally in 2021. About 8,111,461 mails were handled domestically, representing 45.94 percent of the total mails, while 1,040,461 mails were dispatched abroad, representing 5.89 percent of the total mails.
However, 8,504,846 mails were received from abroad and delivered in Nigeria, representing 48.17 percent of the total mails handled in the year.
Also, in 2021, the number of Post Offices in Nigeria stood at 2,794.
